{"id":134380,"date":"2023-02-03T14:00:01","date_gmt":"2023-02-03T07:00:01","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-really-worried-homeowners-and-would-be-buyers-on-uk-interest-rates\/"},"modified":"2023-02-03T14:19:10","modified_gmt":"2023-02-03T07:19:10","slug":"im-really-worried-homeowners-and-would-be-buyers-on-uk-interest-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-really-worried-homeowners-and-would-be-buyers-on-uk-interest-rates\/","title":{"rendered":"\u2018I\u2019m really worried\u2019: homeowners and would-be buyers on UK interest rates"},"content":{"rendered":"


\nAs the base rate reaches 4%, we hear from people concerned about rising mortgage costsChris Felix-Hill, 47, and his wife, Adeline, from Steeple, Essex, are struggling to keep alive their dream of one day becoming homeowners, after \u201cdemoralising\u201d house price rises during the pandemic and yet another interest rate rise from the Bank of England on Thursday, to 4%, a 14-year high.\u201cToday\u2019s announcement just means more disappointment and frustration,\u201d says Felix-Hill, who works in the adult education sector. \u201cWe\u2019ve been saving for a few years and fortunately can live with my mum and her partner, which has allowed us to save up a \u00a330k deposit. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u2018I\u2019m really worried\u2019: homeowners and would-be buyers on UK interest rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

As the base rate reaches 4%, we hear from people concerned about rising mortgage costsChris...<\/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-134380","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-yXq","jetpack-related-posts":[{"id":148746,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-debt-market-sell-off-threatens-to-push-up-mortgage-costs\/","url_meta":{"origin":134380,"position":0},"title":"UK debt market sell-off threatens to push up mortgage costs","date":"January 10, 2025","format":false,"excerpt":"\r About 700,000 homeowners face increase when fixed-rate deals end this yearBusiness live \u2013 latest updatesAbout 700,000 homeowners are facing an increase in mortgage costs when their fixed-rate deals end this year, as a sell-off in the UK government debt market plunges the financial markets into turmoil and threatens to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-first-fed-interest-rate-cut-in-years-is-on-the-horizon-heres-what-homeowners-buyers-need-to-know\/","url_meta":{"origin":134380,"position":1},"title":"The first Fed interest rate cut in years is on the horizon. Here's what homeowners, buyers need to know","date":"July 30, 2024","format":false,"excerpt":"\r The Fed rate cut is becoming more certain, and interest rates are expected to decline throughout the year. Read more on what owners and buyers should know.\r \r Source : cnbc.com\r Read more...The first Fed interest rate cut in years is on the horizon. Here's what homeowners, buyers need\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135208,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-still-better-off-than-renters-despite-spike-in-interest-rates\/","url_meta":{"origin":134380,"position":2},"title":"UK homeowners still better off than renters despite spike in interest rates","date":"March 15, 2023","format":false,"excerpt":"\r Average monthly cost of owning 3-bed home is \u00a3500 a year less than renting, but the gap is narrowingHomeowners in the UK are nearly \u00a3500 better off a year than renters, according to new research from Halifax.The average monthly cost of owning a three-bed home for first-time buyers is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-and-first-time-buyers-warned-to-brace-for-5-plus-mortgage-rates\/","url_meta":{"origin":134380,"position":3},"title":"UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates","date":"May 25, 2023","format":false,"excerpt":"\r Lenders forced to raise fixed-term deals after latest inflation figure pushed swap rates upwardsHouseholds looking for a new mortgage deal have been warned to expect 5%-plus fixed-rate deals in the coming weeks, after Wednesday\u2019s inflation figures sent the money markets back into turmoil.Nick Mendes, mortgage technical manager at brokers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137918,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-how-to-cope-as-uk-interest-rates-hit-the-roof\/","url_meta":{"origin":134380,"position":4},"title":"Mortgages: how to cope as UK interest rates hit the roof","date":"June 24, 2023","format":false,"excerpt":"\r Options for homeowners and first-time buyers as they face maelstrom in marketFor Britons buying their first home or chasing a new deal the maelstrom in the mortgage market is the stuff of nightmares, with products being pulled right, left and centre, and no end in sight as the Bank\u2026","rel":"","context":"In "Property News"","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":134380,"position":5},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134380"}],"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=134380"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/134380\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=134380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=134380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=134380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}