{"id":130605,"date":"2022-10-07T21:30:01","date_gmt":"2022-10-07T14:30:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kicking-myself-i-didnt-move-faster-fear-and-panic-grips-housing-market\/"},"modified":"2022-10-07T21:49:19","modified_gmt":"2022-10-07T14:49:19","slug":"kicking-myself-i-didnt-move-faster-fear-and-panic-grips-housing-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kicking-myself-i-didnt-move-faster-fear-and-panic-grips-housing-market\/","title":{"rendered":"\u2018Kicking myself I didn\u2019t move faster\u2019: fear and panic grips housing market"},"content":{"rendered":"<p>&#013;<br \/>\nIn 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, a chill has spread through the Hertfordshire commuter town\u2019s housing market. Viewing numbers, house prices and client confidence are all cooling rapidly after lenders pulled thousands of mortgage deals, only to return with far pricier interest rates. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2022\/oct\/07\/fear-panic-housing-market-bishops-stortford-mini-budget-mortgages\" target=\"_blank\" rel=\"noopener\">\u2018Kicking myself I didn\u2019t move faster\u2019: fear and panic grips housing market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; In a Hertfordshire town, buyers, sellers and estate agents tell of the effects of Kwarteng\u2019s&#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-130605","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-xYx","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":130605,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-kwartengs-stamp-duty-cut-mean-for-uk-homebuyers\/","url_meta":{"origin":130605,"position":1},"title":"What does Kwarteng\u2019s stamp duty cut mean for UK homebuyers?","date":"September 23, 2022","format":false,"excerpt":"\r As chancellor announces no tax to be paid on properties up to value of \u00a3250,000, we explain changes across UKKwasi Kwarteng\u2019s mini-budget: key points at a glanceLive updates: Kwasi Kwarteng announces mini-budgetThe chancellor, Kwasi Kwarteng, has confirmed a permanent stamp duty cut, with no tax to be paid on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130422,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-buyers-left-powerless-as-mortgage-deals-hang-in-balance\/","url_meta":{"origin":130605,"position":2},"title":"UK house buyers \u2018left powerless\u2019 as mortgage deals hang in balance","date":"October 2, 2022","format":false,"excerpt":"\r Chancellor\u2019s mini-budget sees home loans withdrawn and purchasers left in limboHomeowners and potential buyers have been left feeling \u201ctotally powerless\u201d this weekend as thousands wait to find out whether their mortgage deals will now cost them hundreds of pounds extra a month while brokers report people already pulling out\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/kwasi-kwartengs-mini-budget-key-points-at-a-glance\/","url_meta":{"origin":130605,"position":3},"title":"Kwasi Kwarteng\u2019s mini-budget: key points at a glance","date":"September 23, 2022","format":false,"excerpt":"\r The chancellor has delivered his mini-budget \u2013 here are the main points, with political analysisKwasi Kwarteng announces sweeping tax cuts in mini-budgetLive updates: Kwasi Kwarteng announces mini-budgetKwasi Kwarteng says the government was never going to let households face soaring energy bills caused by Vladimir Putin\u2019s war in Ukraine.Reversing the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130613,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/obr-forecasts-likely-to-show-60bn-70bn-hole-after-kwartengs-mini-budget\/","url_meta":{"origin":130605,"position":4},"title":"OBR forecasts likely to show \u00a360bn-\u00a370bn hole after Kwarteng\u2019s mini-budget","date":"October 8, 2022","format":false,"excerpt":"\r Predictions handed to chancellor expected to paint gloomy picture for UK economy amid slowing growth outlook and sweeping tax cutsKwasi Kwarteng has been handed independent forecasts on the state of the UK finances that are expected to show a hole of more than \u00a360bn left by his sweeping tax\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139279,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-lost-about-100000-one-year-on-britons-count-cost-of-the-mini-budget\/","url_meta":{"origin":130605,"position":5},"title":"\u2018We lost about \u00a3100,000\u2019: one year on, Britons count cost of the mini-budget","date":"September 22, 2023","format":false,"excerpt":"\r People who lost money for care home fees and others facing rocketing mortgage costs after Truss\u2019s gambit share their storiesThe chancellor, Kwasi Kwarteng\u2019s speech at the Commons dispatch box on 23 September last year, and his refusal to publish the Office for Budget Responsibility\u2019s autumn 2022 forecast on the\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\/130605"}],"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=130605"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130605\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}