{"id":131644,"date":"2022-11-17T13:00:40","date_gmt":"2022-11-17T06:00:40","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/it-could-be-years-of-limbo-how-uk-interest-rate-rises-have-hit-mortgages\/"},"modified":"2022-11-17T13:20:11","modified_gmt":"2022-11-17T06:20:11","slug":"it-could-be-years-of-limbo-how-uk-interest-rate-rises-have-hit-mortgages","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/it-could-be-years-of-limbo-how-uk-interest-rate-rises-have-hit-mortgages\/","title":{"rendered":"\u2018It could be years of limbo\u2019: how UK interest rate rises have hit mortgages"},"content":{"rendered":"<p>&#013;<br \/>\nPeople say they are unable to buy a home or taking on a second job to pay for their loanUK house prices stalled last month after more than two years of growth, amid sharp rises in mortgage rates triggered by the Liz Truss government\u2019s disastrous mini-budget.Recently installed chancellor Jeremy Hunt will set out his plans to mend the damage in an autumn statement on Thursday. Here, three people share how the continuing fallout is affecting their mortgage plans. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2022\/nov\/17\/uk-interest-rate-rises-mortgages\" target=\"_blank\" rel=\"noopener\">\u2018It could be years of limbo\u2019: how UK interest rate rises have hit mortgages<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; People say they are unable to buy a home or taking on a second job&#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-131644","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-yfi","jetpack-related-posts":[{"id":133607,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-payers-face-squeeze-in-2023-after-uk-interest-rate-rises\/","url_meta":{"origin":131644,"position":0},"title":"Mortgage payers face squeeze in 2023 after UK interest rate rises","date":"January 8, 2023","format":false,"excerpt":"\r Wealthy people who own home outright will avoid higher costs and benefit from better return on savingsHomeowners with mortgages will be among the biggest losers from the cost of living crisis in 2023 due to interest rate rises, while the wealthiest UK households will benefit from better returns on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-homebuyers-as-rates-fall-on-uk-fixed-mortgage-deals\/","url_meta":{"origin":131644,"position":1},"title":"Hope for homebuyers as rates fall on UK fixed mortgage deals","date":"July 20, 2023","format":false,"excerpt":"\r Small drops in average rates for two- and five-year fixed mortgages follow easing of inflation rate in JuneBorrowers received a glimmer of good news after average rates on new two- and five-year fixed mortgages fell for the first time since May.News of the small falls came 24 hours after\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-nearly-800-deals-pulled-amid-interest-rate-fears\/","url_meta":{"origin":131644,"position":2},"title":"UK mortgages: nearly 800 deals pulled amid interest rate fears","date":"May 30, 2023","format":false,"excerpt":"\r Rates rising for new fixed-term home loans, figures from Moneyfacts showNearly 800 residential and buy-to-let mortgage deals have been pulled during the past few days by UK banks and building societies amid concern surrounding future interest rate rises, data has revealed.The figures from the financial data provider Moneyfacts also\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-riskier-mortgages-rises-again-along-with-interest-rates\/","url_meta":{"origin":131644,"position":3},"title":"Demand for riskier mortgages rises again, along with interest rates","date":"September 9, 2026","format":false,"excerpt":"\r Mortgage rates continue to climb, so more borrowers are turning to adjustable rate mortgages, which offer lower interest rates comparatively.\r \r Source : cnbc.com\r Read more...Demand for riskier mortgages rises again, along with interest rates","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122894,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-borrowers-warned-the-days-of-cheap-mortgages-are-over\/","url_meta":{"origin":131644,"position":4},"title":"UK borrowers warned: the days of cheap mortgages are over","date":"October 29, 2021","format":false,"excerpt":"\r As interest rate changes are coming \u2018thick and fast\u2019, owners may face big rises in their repaymentsBudget 2021: key points at a glanceBudget calculator: what does it mean for me?Read all our budget coverageThe era of record low mortgage rates looks to be over, borrowers were warned this week,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-riskier-mortgages-rises-along-with-interest-rates\/","url_meta":{"origin":131644,"position":5},"title":"Demand for riskier mortgages rises along with interest rates","date":"September 2, 2026","format":false,"excerpt":"\r Mortgage rates continue to rise, pushing some buyers to riskier, adjustable-rate loans in order to find savings. Rates are at the highest level since June 2025.\r \r Source : cnbc.com\r Read more...Demand for riskier mortgages rises along with interest rates","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\/131644"}],"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=131644"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/131644\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=131644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=131644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=131644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}