{"id":130724,"date":"2022-10-13T22:54:40","date_gmt":"2022-10-13T15:54:40","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-warns-mortgage-defaults-to-rise-in-months-ahead\/"},"modified":"2022-10-13T23:08:35","modified_gmt":"2022-10-13T16:08:35","slug":"bank-of-england-warns-mortgage-defaults-to-rise-in-months-ahead","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-warns-mortgage-defaults-to-rise-in-months-ahead\/","title":{"rendered":"Bank of England warns mortgage defaults to rise in months ahead"},"content":{"rendered":"


\nSurvey of lenders paints gloomy picture of new deals drying up and end to \u2018golden era\u2019 of cheap mortgagesThe number of mortgage defaults are expected to rise in the coming months, according to Bank of England data released on Thursday, while the number of new loans will continue to fall amid warnings that the \u201cgolden era\u201d of cheap deals is ending.The UK central bank\u2019s latest quarterly credit conditions survey paints a gloomy picture, with the number of mortgage deals already falling before the chancellor\u2019s mini-budget on 23 September. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Bank of England warns mortgage defaults to rise in months ahead<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Survey of lenders paints gloomy picture of new deals drying up and end to \u2018golden...<\/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-130724","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-y0s","jetpack-related-posts":[{"id":133790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-fear-spike-in-mortgage-defaults-as-cost-of-living-hits-home\/","url_meta":{"origin":130724,"position":0},"title":"UK lenders fear spike in mortgage defaults as cost of living hits home","date":"January 19, 2023","format":false,"excerpt":"\r Bank of England survey shows lenders expect steep rise in borrowers failing to make monthly repaymentsBritain\u2019s mortgage lenders fear a spike in the number of homeowners handing back their keys as the cost of living crisis forces more people to default on their loans.The Bank of England said a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82871,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-warns-on-mortgage-risk-as-interest-rates-rise\/","url_meta":{"origin":130724,"position":1},"title":"Bank of England warns on mortgage risk as interest rates rise","date":"March 16, 2018","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Bank of England warns on mortgage risk as interest rates rise","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138572,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-rise-despite-surge-in-borrowing-rates\/","url_meta":{"origin":130724,"position":2},"title":"UK mortgage approvals rise despite surge in borrowing rates","date":"July 31, 2023","format":false,"excerpt":"\r Surprise jump in demand for home loans as borrowers \u2018scramble\u2019 to get ahead of interest rate increasesAnalysis \u2013 mortgage rates show sign of easingBusiness live \u2013 latest updatesMortgage approvals in the UK rose to their highest level since October 2022 last month amid signs of a scramble to secure\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122892,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-profits-triple-to-1bn-after-jump-in-mortgage-lending\/","url_meta":{"origin":130724,"position":3},"title":"NatWest profits triple to \u00a31bn after jump in mortgage lending","date":"October 29, 2021","format":false,"excerpt":"\r Stronger economic position allows bank to release \u00a3242m worth of provisions NatWest Group tripled its profits in the third quarter to a better than expected \u00a31.1bn, thanks to a jump in mortgage lending and a recovery in the economy despite setting aside cash to cover fines linked to money-laundering\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":80977,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-rise-of-1-would-cost-average-uk-homeowner-930-a-year\/","url_meta":{"origin":130724,"position":4},"title":"Interest rate rise of 1% would cost average UK homeowner \u00a3930 a year","date":"February 26, 2018","format":false,"excerpt":"\r A Bank of England rate change would add \u00a310bn to UK mortgage bill, Savills saysA 1% rise in interest rates would add around \u00a310bn to the UK\u2019s mortgage bill, according to analysis from estate agent Savills. The increase would equate to adding \u00a3930 a year to the cost of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":107447,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-warns-over-risky-lending-in-mortgage-market\/","url_meta":{"origin":130724,"position":5},"title":"Bank of England warns over risky lending in mortgage market","date":"May 24, 2019","format":false,"excerpt":"\r Regulation chief says stricter rules could be imposed as price war threatens stability The Bank of England has raised a red flag over the state of the mortgage market, warning lenders that stricter rules could be imposed if they take on too much risk.The head of the Bank\u2019s Prudential\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\/130724"}],"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=130724"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/130724\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=130724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=130724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=130724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}