{"id":130655,"date":"2022-10-10T12:18:40","date_gmt":"2022-10-10T05:18:40","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rates-are-soaring-heres-what-you-need-to-know-as-a-first-time-buyer\/"},"modified":"2022-10-10T12:32:54","modified_gmt":"2022-10-10T05:32:54","slug":"uk-mortgage-rates-are-soaring-heres-what-you-need-to-know-as-a-first-time-buyer","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rates-are-soaring-heres-what-you-need-to-know-as-a-first-time-buyer\/","title":{"rendered":"UK mortgage rates are soaring: Here's what you need to know as a first-time buyer"},"content":{"rendered":"


\nAs the U.K. mortgage sector has been in turmoil, what do first-time buyers need to keep in mind as they buy their property.
\n
\nSource : cnbc.com
\nRead more…UK mortgage rates are soaring: Here’s what you need to know as a first-time buyer<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As the U.K. mortgage sector has been in turmoil, what do first-time buyers need 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-130655","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-xZl","jetpack-related-posts":[{"id":130589,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rates-are-soaring-what-can-you-do\/","url_meta":{"origin":130655,"position":0},"title":"UK mortgage rates are soaring \u2013 what can you do?","date":"October 7, 2022","format":false,"excerpt":"\r Property market turmoil is unsettling both first-time buyers and those remortgaging, We set out their optionsRates on new mortgages continued to climb this week as the fallout from the mini-budget continued to reverberate through the housing market. The higher rates on offer are bad news for first-time buyers and\u2026","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":130655,"position":1},"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":130597,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-expected-to-fall-as-mortgage-rates-soar\/","url_meta":{"origin":130655,"position":2},"title":"UK house prices expected to fall as mortgage rates soar","date":"October 7, 2022","format":false,"excerpt":"\r Average house price fell by 0.1% month on month in September to \u00a3293,835, says HalifaxExplainer: UK mortgage rates are soaring \u2013 what can you do?Rising mortgage costs and the broader cost of living crisis will push UK house prices down more sharply in the coming months, said Halifax, after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138723,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-holders-share-your-experience-of-rising-costs\/","url_meta":{"origin":130655,"position":3},"title":"UK mortgage holders: share your experience of rising costs","date":"August 10, 2023","format":false,"excerpt":"\r We would like to hear from people who are struggling with their mortgage payments. Are you facing repossession of your home? Consecutive rises in mortgage rates and the ongoing cost of living crisis has placed a growing burden on UK households.There have been 13 consecutive increases in mortgage interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130086,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-flatline-as-mortgage-rates-rise-says-nationwide\/","url_meta":{"origin":130655,"position":4},"title":"UK house prices flatline as mortgage rates rise, says Nationwide","date":"September 30, 2022","format":false,"excerpt":"\r Lender says slowdown will intensify in coming months as household budgets come under more pressureUK house price growth flatlined in September with a stronger slowdown expected in the coming months as a combination of soaring inflation and mortgage rates makes moving unaffordable for many.The latest snapshot from the building\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142236,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-at-fastest-rate-since-january-2023\/","url_meta":{"origin":130655,"position":5},"title":"UK house prices rise at fastest rate since January 2023","date":"February 7, 2024","format":false,"excerpt":"\r Lower mortgage rates lead to increased buyer and seller confidence, says HalifaxBusiness live \u2013 latest updatesUK house prices rose 2.5% in the year to January, recording the biggest increase since January last year, as lower mortgage rates and fading inflationary pressures led to increased buyer and seller confidence, Halifax\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\/130655"}],"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=130655"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130655\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130655"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130655"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130655"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}