{"id":133585,"date":"2023-01-05T23:38:06","date_gmt":"2023-01-05T16:38:06","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-are-you-considering-downsizing-for-cheaper-mortgage-repayments\/"},"modified":"2023-01-05T23:58:27","modified_gmt":"2023-01-05T16:58:27","slug":"uk-homeowners-are-you-considering-downsizing-for-cheaper-mortgage-repayments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-are-you-considering-downsizing-for-cheaper-mortgage-repayments\/","title":{"rendered":"UK homeowners: are you considering downsizing for cheaper mortgage repayments?"},"content":{"rendered":"<p>&#013;<br \/>\nWe\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 payments rise by an average of \u00a35,100 between now and the end of 2024, we\u2019re interested to hear from homeowners who are considering downsizing to a cheaper property.Whether your plans to sell up and move to a cheaper house are motivated by mortgage repayments that have become unaffordable due to the cost of living crisis or another change in financial circumstances \u2013 we\u2019d like to hear from you. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2023\/jan\/05\/uk-homeowners-are-you-considering-downsizing-for-cheaper-mortgage-repayments\" target=\"_blank\" rel=\"noopener\">UK homeowners: are you considering downsizing for cheaper mortgage repayments?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; We\u2019d like to hear from homeowners in the UK who are thinking of downsizing to&#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-133585","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-yKB","jetpack-related-posts":[{"id":139158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-tell-us-if-you-got-into-mortgage-arrears-recently\/","url_meta":{"origin":133585,"position":0},"title":"UK homeowners: tell us if you got into mortgage arrears recently","date":"September 13, 2023","format":false,"excerpt":"\r We\u2019d like to hear from homeowners who have fallen behind with their mortgage repayments in recent monthsMortgage arrears jumped by 13% in the second quarter of the year to the highest level since 2016, according to Bank of England figures, as rising interest rates and unemployment over recent months\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142220,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-is-there-anything-that-is-preventing-you-from-downsizing\/","url_meta":{"origin":133585,"position":1},"title":"UK homeowners: is there anything that is preventing you from downsizing?","date":"February 6, 2024","format":false,"excerpt":"\r We\u2019re interested to hear from UK homeowners who would like to downsize what may be preventing them from doing soWe\u2019re keen to hear from homeowners in the UK who would like to downsize but have not felt able to do so.Whether you\u2019ve been feeling unable to move to a\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143729,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/itll-be-a-massive-saving-why-more-people-in-the-uk-are-downsizing-home\/","url_meta":{"origin":133585,"position":2},"title":"\u2018It\u2019ll be a massive saving\u2019: why more people in the UK are downsizing home","date":"April 13, 2024","format":false,"excerpt":"\r Some Britons are aiming to cut their mortgage costs and lower stress levels by moving to a smaller propertyWhen Richard Wise* moved from London to Margate in Kent three years ago, he did not expect to move again any time soon. But the music industry manager and his partner\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-share-your-experience-of-having-a-variable-rate-mortgage\/","url_meta":{"origin":133585,"position":3},"title":"UK homeowners: share your experience of having a variable rate mortgage","date":"July 6, 2023","format":false,"excerpt":"\r We\u2019d like to hear from homeowners in the UK who are stuck on variable mortgage rates, and how interest rate rises have been affecting themWe\u2019re interested to hear from homeowners in the UK who are stuck on mortgage deals with variable rates.Recent back-to-back interest rate rises mean that repayments\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-have-you-struggled-to-pay-your-mortgage\/","url_meta":{"origin":133585,"position":4},"title":"UK homeowners: have you struggled to pay your mortgage?","date":"July 31, 2024","format":false,"excerpt":"\r We would like to hear from people in the UK who have found it difficult to manage their mortgageThe Bank of England has cut UK interest rates from 5.25% to 5%, the first reduction in over four years. The hope for UK homeowners will be that mortgage lenders will\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4680,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homebuyers-pay-less-than-renters-in-a-third-of-uk-towns-and-cities\/","url_meta":{"origin":133585,"position":5},"title":"Homebuyers pay less than renters in a third of UK towns and cities","date":"October 9, 2015","format":false,"excerpt":"\r Paying off a typical 90% mortgage is cheaper in 36% of cities but in London monthly repayments on loans can be 50% more than rentingBuying a home is cheaper than renting the same property in a third of Britain\u2019s towns and cities \u2013 all of them outside the south\u2026","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\/133585"}],"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=133585"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/133585\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=133585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=133585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=133585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}