{"id":132486,"date":"2022-12-07T00:28:42","date_gmt":"2022-12-06T17:28:42","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hunt-to-urge-banks-to-aid-mortgage-borrowers-amid-cost-of-living-crisis\/"},"modified":"2022-12-07T00:37:25","modified_gmt":"2022-12-06T17:37:25","slug":"hunt-to-urge-banks-to-aid-mortgage-borrowers-amid-cost-of-living-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hunt-to-urge-banks-to-aid-mortgage-borrowers-amid-cost-of-living-crisis\/","title":{"rendered":"Hunt to urge banks to aid mortgage borrowers amid cost-of-living crisis"},"content":{"rendered":"<p>&#013;<br \/>\nExclusive: Chancellor to meet heads of UK\u2019s major lenders and consumer champion Martin Lewis on WednesdayUK politics live \u2013 latest news updatesThe chancellor will urge the UK\u2019s largest banks to do all they can to support those struggling to pay their mortgage during the cost-of-living crisis when he holds his first talks with chief executives on Wednesday.Jeremy Hunt will host a roundtable with heads of major mortgage lenders, including Debbie Crosbie of Nationwide, HSBC UK\u2019s Ian Stuart and NatWest\u2019s Alison Rose to discuss the impact of rising interest rates and living costs on customers. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2022\/dec\/06\/hunt-to-urge-banks-to-aid-mortgage-borrowers-amid-cost-of-living-crisis\" target=\"_blank\" rel=\"noopener\">Hunt to urge banks to aid mortgage borrowers amid cost-of-living crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Exclusive: Chancellor to meet heads of UK\u2019s major lenders and consumer champion Martin Lewis on&#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-132486","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-ysS","jetpack-related-posts":[{"id":137795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jeremy-hunt-meets-uks-biggest-lenders-in-effort-to-quell-mortgage-crisis\/","url_meta":{"origin":132486,"position":0},"title":"Jeremy Hunt meets UK\u2019s biggest lenders in effort to quell mortgage crisis","date":"June 23, 2023","format":false,"excerpt":"\r Hopes of banks and building societies giving extra help to households after interest rate riseBusiness live \u2013 latest updatesJeremy Hunt is meeting with the leaders of Britain\u2019s biggest lenders in Downing Street on Friday in an attempt to quell the growing crisis in the mortgage market sparked by rapidly\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urges-lenders-to-support-uks-47000-mortgage-prisoners\/","url_meta":{"origin":132486,"position":1},"title":"FCA urges lenders to support UK\u2019s 47,000 \u2018mortgage prisoners\u2019","date":"November 30, 2021","format":false,"excerpt":"\r Regulator asks banks and building societies to offer support to borrowers unable to switchBanks and building societies have been urged to consider changes to lending criteria to help an estimated 47,000 borrowers who could benefit from a cheaper home loan but are currently unable to move.A review of \u201cmortgage\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rates-rollercoaster-is-the-price-to-pay-for-cheap-short-term-deals\/","url_meta":{"origin":132486,"position":2},"title":"UK mortgage rates rollercoaster is the price to pay for cheap, short-term deals","date":"June 21, 2023","format":false,"excerpt":"\r Borrowers who made a short-term choice after the 2008 banking crisis were lucky \u2013 current borrowers have been equally unluckyAs mortgage lending rates surge to levels not seen since the banking crisis, some borrowers are wondering whether there is something to be said for the certainty of fixing the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-to-raise-mortgage-market-fears-in-kwarteng-meeting\/","url_meta":{"origin":132486,"position":3},"title":"UK banks to raise mortgage market fears in Kwarteng meeting","date":"October 6, 2022","format":false,"excerpt":"\r Chancellor\u2019s meeting with high street lenders comes amid mounting concern over fallout from rising loan ratesHigh street bank bosses will tell the chancellor, Kwasi Kwarteng, that they have growing concerns over the state of the UK\u2019s mortgage market when they gather at Number 11 Downing Street on Thursday.The meeting\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-buy-to-let-mortgage-lenders-fall-after-report-reeves-plans-rent-freeze\/","url_meta":{"origin":132486,"position":4},"title":"Shares in buy-to-let mortgage lenders fall after report Reeves plans rent freeze","date":"April 28, 2026","format":false,"excerpt":"\r FTSE 250 firms Paragon and OSB Group, owner of Kent Reliance and Precise Mortgages, slide on London Stock ExchangeRachel Reeves considering rent freeze to limit Iran war falloutBusiness live \u2013 latest updatesShares in some of the UK\u2019s biggest buy-to-let lenders such as Paragon and One Savings Bank have fallen\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-sets-aside-safety-net-for-bad-loans-as-borrowers-face-surging-costs\/","url_meta":{"origin":132486,"position":5},"title":"Nationwide sets aside safety net for bad loans as borrowers face surging costs","date":"November 18, 2022","format":false,"excerpt":"\r The building society said the cost of living crisis and recession will cause a relatively low number of customers to default on repaymentsNationwide Building Society is bracing itself for a rise in bad loans and a drop in mortgage lending as borrowers grapple with the impact of surging living\u2026","rel":"","context":"In &quot;Property 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