{"id":130758,"date":"2022-10-15T06:01:49","date_gmt":"2022-10-14T23:01:49","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/five-million-uk-families-face-mortgage-rising-by-5100-a-year-by-end-of-2024\/"},"modified":"2022-10-15T06:30:10","modified_gmt":"2022-10-14T23:30:10","slug":"five-million-uk-families-face-mortgage-rising-by-5100-a-year-by-end-of-2024","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/five-million-uk-families-face-mortgage-rising-by-5100-a-year-by-end-of-2024\/","title":{"rendered":"Five million UK families \u2018face mortgage rising by \u00a35,100 a year by end of 2024\u2019"},"content":{"rendered":"


\nIncrease adds up to a \u00a326bn rise for homeowners, says Resolution Foundation thinktankMore than five million families could see their annual mortgage payments rise by an average of \u00a35,100 between now and the end of 2024, heaping fresh pain on households already struggling with higher food and energy bills.The increase adds up to a \u00a326bn mortgage rise for homeowners, according to the analysis by the Resolution Foundation thinktank which said nearly a fifth of British households would have to spend more on their housing costs by the end of 2024. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Five million UK families \u2018face mortgage rising by \u00a35,100 a year by end of 2024\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Increase adds up to a \u00a326bn rise for homeowners, says Resolution Foundation thinktankMore than five...<\/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-130758","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-y10","jetpack-related-posts":[{"id":133585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-are-you-considering-downsizing-for-cheaper-mortgage-repayments\/","url_meta":{"origin":130758,"position":0},"title":"UK homeowners: are you considering downsizing for cheaper mortgage repayments?","date":"January 5, 2023","format":false,"excerpt":"\r We\u2019d like to hear from homeowners in the UK who are thinking of downsizing to a cheaper property in order to reduce monthly mortgage paymentsAs disposable incomes in the UK are forecast to slump by 3.8% in 2023, and more than five million families could see their annual mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137926,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rise-impact-will-dwarf-energy-bills-crisis-for-uk-homeowners\/","url_meta":{"origin":130758,"position":1},"title":"Mortgage rise impact \u2018will dwarf energy bills crisis\u2019 for UK homeowners","date":"June 25, 2023","format":false,"excerpt":"\r Tories warned about threat to middle earners as Labour increases lead among mortgage holders and Lib Dems target blue wall areasThe growing mortgage timebomb facing millions of households will \u201cdwarf the energy bill crisis\u201d for many middle earners, ministers are being warned, amid new evidence that Labour is amassing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-payments-will-rise-for-half-of-uk-homeowners-over-next-three-years\/","url_meta":{"origin":130758,"position":2},"title":"Mortgage payments \u2018will rise for half of UK homeowners over next three years\u2019","date":"November 29, 2024","format":false,"excerpt":"\r Bank of England financial stability report says about 420,000 households will be hit by \u00a3500-a-month increasesBusiness live \u2013 latest updatesHalf of UK homeowners will see their mortgage payments rise over the next three years, leaving 4.4 million households facing extra pressure on their finances, the Bank of England has\u2026","rel":"","context":"In "Property 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mortgage costs as fixed-rate deals expire","date":"January 4, 2024","format":false,"excerpt":"\r As many as 1.5m households are expected to face a mortgage payment hike this year as their fixed-rate deals come to an end\u2018Sleepless nights\u2019: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a \u00a319bn surge in mortgage costs as millions more fixed-rate deals expire and borrowers are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138283,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-what-are-you-doing-to-afford-your-increased-mortgage-payments\/","url_meta":{"origin":130758,"position":5},"title":"UK homeowners: what are you doing to afford your increased mortgage payments?","date":"July 11, 2023","format":false,"excerpt":"\r We\u2019d like to hear how UK homeowners are raising the money to pay their rising mortgage costs \u2013 whether it\u2019s through frugality, extra jobs or other arrangementsInterest rate rises have resulted in millions of households facing huge spikes in the cost of paying their mortgage.Many have been forced into\u2026","rel":"","context":"In "Property 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