{"id":130567,"date":"2022-10-06T16:29:21","date_gmt":"2022-10-06T09:29:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-to-raise-mortgage-market-fears-in-kwarteng-meeting\/"},"modified":"2022-10-06T16:38:37","modified_gmt":"2022-10-06T09:38:37","slug":"uk-banks-to-raise-mortgage-market-fears-in-kwarteng-meeting","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-to-raise-mortgage-market-fears-in-kwarteng-meeting\/","title":{"rendered":"UK banks to raise mortgage market fears in Kwarteng meeting"},"content":{"rendered":"


\nChancellor\u2019s meeting with high street lenders comes amid mounting concern over fallout from rising loan ratesHigh street bank bosses will tell the chancellor, Kwasi Kwarteng, that they have growing concerns over the state of the UK\u2019s mortgage market when they gather at Number 11 Downing Street on Thursday.The meeting \u2013 which is expected to be attended by chief executives, including Alison Rose of NatWest, Charlie Nunn of Lloyds Banking Group, Mike Regnier at Santander and Robin Bulloch at TSB \u2013 comes amid mounting fears about the potential fallout from rapidly rising mortgage rates. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK banks to raise mortgage market fears in Kwarteng meeting<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chancellor\u2019s meeting with high street lenders comes amid mounting concern over fallout from rising loan...<\/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-130567","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-xXV","jetpack-related-posts":[{"id":130044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/almost-1000-mortgage-deals-pulled-as-panic-grips-uk-housing-market\/","url_meta":{"origin":130567,"position":0},"title":"Almost 1,000 mortgage deals pulled as panic grips UK housing market","date":"September 29, 2022","format":false,"excerpt":"\r Borrowers 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131745,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-five-year-mortgage-rate-less-than-6-for-first-time-in-seven-weeks\/","url_meta":{"origin":130567,"position":1},"title":"Average UK five-year mortgage rate less than 6% for first time in seven weeks","date":"November 22, 2022","format":false,"excerpt":"\r Fixed interest rate deals starting to drop and could \u2018fall further still\u2019, says MoneyfactsThe average rate on a five-year mortgage deal has dropped below 6% for the first time since the disastrous mini-budget two months ago that ended up costing Kwasi Kwarteng his job as chancellor.Moneyfacts, a financial data\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130547,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rates-for-two-year-fixed-mortgage-pass-6-mark-for-first-time-since-2008\/","url_meta":{"origin":130567,"position":2},"title":"Rates for two-year fixed mortgage pass 6% mark for first time since 2008","date":"October 5, 2022","format":false,"excerpt":"\r News comes day before chancellor is due to discuss impact of market turmoil with main high street lendersThe average rate on a new two-year fixed mortgage has risen above 6% for the first time since 2008, according to data that will intensify concern about the crisis in the home\u2026","rel":"","context":"In "Property 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