{"id":133016,"date":"2022-12-15T20:27:51","date_gmt":"2022-12-15T13:27:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-interest-rate-rise-what-it-means-for-borrowers-and-savers\/"},"modified":"2022-12-15T20:39:44","modified_gmt":"2022-12-15T13:39:44","slug":"bank-of-england-interest-rate-rise-what-it-means-for-borrowers-and-savers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-interest-rate-rise-what-it-means-for-borrowers-and-savers\/","title":{"rendered":"Bank of England interest rate rise \u2013 what it means for borrowers and savers"},"content":{"rendered":"


\nRate rise to 3.5% affects everything from mortgages to credit cards, loans and savings. Here is all you need to knowAnalysis: UK borrowers face a serious reality checkNews story: interest rates rise to 3.5%The Bank of England has once again raised interest rates \u2013 this time by 0.5 percentage points \u2013 taking the base rate to 3.5%. This is the ninth rise since last December. So what does this mean for your finances? Continue reading…
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\nSource : theguardian.com
\nRead more…Bank of England interest rate rise \u2013 what it means for borrowers and savers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Rate rise to 3.5% affects everything from mortgages to credit cards, loans and savings. Here...<\/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-133016","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-yBq","jetpack-related-posts":[{"id":125245,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-uk-interest-rate-rise-mean-for-savers-and-borrowers\/","url_meta":{"origin":133016,"position":0},"title":"What does UK interest rate rise mean for savers and borrowers?","date":"March 17, 2022","format":false,"excerpt":"\r Mortgage holders, house hunters and savers will be affected by the Bank of England raising rate to 0.75%The Bank of England has increased interest rates to 0.75% in an attempt to tackle rising inflation in the UK. That means the base rate is back to its pre-pandemic level. What\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4152,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/global-economic-woes-delay-uk-interest-rate-rise-2020-ieu\/","url_meta":{"origin":133016,"position":1},"title":"Global economic woes delay UK interest rate rise 2020 ieu","date":"February 9, 2016","format":false,"excerpt":"\r Weakening global economy and sharper slowdown in UK growth will force Bank of England to put off any rise from 0.5% for at least four years, says EIUAnxiety in global markets and a weakening US economy will force the Bank of England to delay UK interest rate rises until\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6992,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-continue-to-fall\/","url_meta":{"origin":133016,"position":2},"title":"Mortgage rates continue to fall","date":"March 6, 2016","format":false,"excerpt":"\r Borrowers still benefit from Bank of England cutting base rate to 0.5%Seven years of record low interest rates may have hammered savers, but borrowers are continuing to benefit.Yesterday marked the seventh anniversary of the Bank of England slashing interest rates to their current 0.5% historic low. And while the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123790,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-plans-to-remove-interest-rate-rule-for-mortgages\/","url_meta":{"origin":133016,"position":3},"title":"Bank of England plans to remove interest rate rule for mortgages","date":"December 14, 2021","format":false,"excerpt":"\r Bank wants to scrap rule that borrowers must be able to afford rate rise of three percentage pointsThe Bank of England has announced plans to ease mortgage lending rules in a move that could help thousands of first-time buyers get on to the property ladder.The central bank said it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-what-it-could-mean-for-savers-and-mortgage-holders\/","url_meta":{"origin":133016,"position":4},"title":"UK interest rate rise \u2013 what it could mean for savers and mortgage holders","date":"September 15, 2017","format":false,"excerpt":"\r The Bank of England has hinted the first rate rise in almost a decade is now likely, and soon. So how much will it cost?A member of the Bank of England\u2019s rate-setting committee has fuelled speculation that interest rates could rise as soon as November. Gertjan Vlieghe put forward\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22777,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-cut-what-now-for-savers-and-borrowers\/","url_meta":{"origin":133016,"position":5},"title":"Interest rate cut: what now for savers and borrowers?","date":"August 13, 2016","format":false,"excerpt":"\r We look at which savings accounts have been hardest hit, who is still offering decent rates, and where to go to get the best mortgage dealHow low can they go? There wasn\u2019t much fat left to trim, but savings rates are now being hacked back even further following the\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\/133016"}],"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=133016"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133016\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=133016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=133016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=133016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}