{"id":130044,"date":"2022-09-29T00:58:02","date_gmt":"2022-09-28T17:58:02","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/almost-1000-mortgage-deals-pulled-as-panic-grips-uk-housing-market\/"},"modified":"2022-09-29T01:19:35","modified_gmt":"2022-09-28T18:19:35","slug":"almost-1000-mortgage-deals-pulled-as-panic-grips-uk-housing-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/almost-1000-mortgage-deals-pulled-as-panic-grips-uk-housing-market\/","title":{"rendered":"Almost 1,000 mortgage deals pulled as panic grips UK housing market"},"content":{"rendered":"


\nBorrowers unable to secure loans and provisional offers withdrawn as some pay huge penalties to lock in longer fixed ratesBank launches emergency intervention after Kwarteng mini-budgetTreasury defends plans despite market turmoilAlmost 1,000 mortgage packages were pulled overnight from the British market as panic seeps into the housing market in the wake of Kwasi Kwarteng\u2019s mini-budget.Moneyfacts, which monitors the sector, said 935 out of 3,596 mortgage products had disappeared between Tuesday and Wednesday, double the previous record of 462 at the start of the pandemic lockdowns. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Almost 1,000 mortgage deals pulled as panic grips UK housing market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Borrowers unable to secure loans and provisional offers withdrawn as some pay huge penalties to...<\/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-130044","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-xPu","jetpack-related-posts":[{"id":130605,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kicking-myself-i-didnt-move-faster-fear-and-panic-grips-housing-market\/","url_meta":{"origin":130044,"position":0},"title":"\u2018Kicking myself I didn\u2019t move faster\u2019: fear and panic grips housing market","date":"October 7, 2022","format":false,"excerpt":"\r In a Hertfordshire town, buyers, sellers and estate agents tell of the effects of Kwarteng\u2019s mini-budgetThe phone has all but stopped ringing at Mullucks estate agent in Bishop\u2019s Stortford \u2013 except for calls from buyers with bad news about collapsing chains.Since the chancellor Kwasi Kwarteng\u2019s mini-budget two weeks ago,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24298,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/panic-buyers-swarm-shanghais-housing-market-amid-speculation-of-imminent-mortgage-rules\/","url_meta":{"origin":130044,"position":1},"title":"Panic buyers swarm Shanghai\u2019s housing market amid speculation of imminent mortgage rules","date":"August 29, 2016","format":false,"excerpt":"\r Buyers swarmed into Shanghai\u2019s housing market last week, in a panic buying spree for apartments that crippled a government website and set a five-month record for the amount of space sold, amid speculation that the city will tighten mortgage rules to cool the housing mark\r \r Source : South\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":34436,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/panic-in-housing-market-as-trump-effect-pushes-mortgage-rates-up-to-4\/","url_meta":{"origin":130044,"position":2},"title":"Panic in housing market as Trump effect pushes mortgage rates up to 4%","date":"November 14, 2016","format":false,"excerpt":"\r Mortgage rates have now moved nearly a half a percentage point higher since Donald Trump was elected president.\r \r Source : cnbc.com\r Read more...Panic in housing market as Trump effect pushes mortgage rates up to 4%","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131577,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/exodus-of-first-time-buyers-puts-brakes-on-uk-housing-market\/","url_meta":{"origin":130044,"position":3},"title":"Exodus of first-time buyers puts brakes on UK housing market","date":"November 14, 2022","format":false,"excerpt":"\r Hike in mortgage costs after mini-budget cuts 20% off buyer demand in OctoberFirst-time buyers pulled back most from purchasing a home after the increase in mortgage costs following the mini-budget, according to a report showing a widespread slowdown in the property market. Figures from the property platform Rightmove show\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134546,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-deals-how-to-navigate-the-rollercoaster-rates-ride\/","url_meta":{"origin":130044,"position":4},"title":"UK mortgage deals: how to navigate the rollercoaster rates ride","date":"February 17, 2023","format":false,"excerpt":"\r Amid a debate about what is happening to the housing market, what are your options?We are in the grip of a mortgage price war, according to some experts \u2013 but it probably won\u2019t feel like that if you are staring down the barrel of much higher monthly payments.It is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-mortgage-rate-tops-5-as-lenders-scurry-to-reprice-loans-amid-middle-east-crisis\/","url_meta":{"origin":130044,"position":5},"title":"Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis","date":"March 11, 2026","format":false,"excerpt":"\r More than 500 lending products pulled in biggest single upheaval since Liz Truss\u2019s mini-budget in 2022How will war in the Middle East affect your finances?Business live \u2013 latest updatesAverage mortgage rates in the UK have flown past 5% as lenders scramble to respond to growing turmoil in the home\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130044"}],"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=130044"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130044\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}