{"id":130014,"date":"2022-09-27T20:13:16","date_gmt":"2022-09-27T13:13:16","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-market-turmoil-what-does-it-mean-for-your-deal\/"},"modified":"2022-09-27T20:29:53","modified_gmt":"2022-09-27T13:29:53","slug":"uk-mortgage-market-turmoil-what-does-it-mean-for-your-deal","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-market-turmoil-what-does-it-mean-for-your-deal\/","title":{"rendered":"UK mortgage market turmoil: what does it mean for your deal?"},"content":{"rendered":"<p>&#013;<br \/>\nBanks and building societies pull hundreds of deals in anticipation of further  interest rate risesNearly 300 UK mortgage deals pulled in a day as pound fallsMortgage deals are being pulled by banks and building societies after the fall in the pound fuelled expectations of an emergency interest rate rise. So whether you are a first-time buyer or looking to remortgage what does the mortgage market turmoil mean for you? Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2022\/sep\/27\/uk-mortgage-deal-banks-building-societies-interest-rate-rises\" target=\"_blank\" rel=\"noopener\">UK mortgage market turmoil: what does it mean for your deal?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Banks and building societies pull hundreds of deals in anticipation of further interest rate risesNearly&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-130014","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-xP0","jetpack-related-posts":[{"id":130030,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-predicted-to-drop-by-at-least-10-in-2023\/","url_meta":{"origin":130014,"position":0},"title":"UK house prices predicted to drop by at least 10% in 2023","date":"September 28, 2022","format":false,"excerpt":"\r As lenders pull mortgage products amid interest rate turmoil, experts forecast \u2018significant fall\u2019 House prices are likely to fall by at least 10% next year as mortgage providers pull deals and raise interest payments to levels not seen since before the 2008 financial crisis, property experts have predicted.Nearly 300\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137265,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-pull-hundreds-more-home-loan-deals-as-fixed-mortgage-rates-rise\/","url_meta":{"origin":130014,"position":1},"title":"UK banks pull hundreds more home loan deals as fixed mortgage rates rise","date":"June 6, 2023","format":false,"excerpt":"\r Mortgage market turmoil prompts record numbers of people to take out loans of more than 35 yearsHundreds more home loan deals have been pulled by banks and building societies since the end of last week while rates on new fixed mortgage deals are continuing to ratchet upwards, the latest\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130008,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nearly-300-uk-mortgage-deals-pulled-in-a-day-as-pounds-fall-heralds-rate-rise\/","url_meta":{"origin":130014,"position":2},"title":"Nearly 300 UK mortgage deals pulled in a day as pound\u2019s fall heralds rate rise","date":"September 27, 2022","format":false,"excerpt":"\r Bank of Ireland, Clydesdale, Post Office Money and building societies among those to withdraw productsNearly 300 mortgage deals have been pulled in the last 24 hours by banks and building societies after a fall in the pound fuelled forecasts of a jump in interest rates to nearly 6%.The Bank\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-to-survive-mortgage-turmoil-as-rates-go-up-and-deals-are-pulled\/","url_meta":{"origin":130014,"position":3},"title":"How to survive mortgage turmoil as rates go up and deals are pulled","date":"March 11, 2024","format":false,"excerpt":"\r Homebuyers have to try to navigate their way to an affordable deal with no help in the budget to ease the painThe average mortgage rate that UK homeowners are paying is set to rise steadily over the next three years, and peak at 4.2% in 2027, according to an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-nearly-800-deals-pulled-amid-interest-rate-fears\/","url_meta":{"origin":130014,"position":4},"title":"UK mortgages: nearly 800 deals pulled amid interest rate fears","date":"May 30, 2023","format":false,"excerpt":"\r Rates rising for new fixed-term home loans, figures from Moneyfacts showNearly 800 residential and buy-to-let mortgage deals have been pulled during the past few days by UK banks and building societies amid concern surrounding future interest rate rises, data has revealed.The figures from the financial data provider Moneyfacts also\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","url_meta":{"origin":130014,"position":5},"title":"UK mortgage turmoil continues as Santander pulls deals for new borrowers","date":"June 12, 2023","format":false,"excerpt":"\r Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed ratesSantander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.Days\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130014"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=130014"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130014\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130014"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130014"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130014"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}