{"id":136511,"date":"2023-05-05T12:00:13","date_gmt":"2023-05-05T05:00:13","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-for-new-uk-first-time-buyers-up-nearly-200-a-month-on-a-year-ago\/"},"modified":"2023-05-05T12:11:32","modified_gmt":"2023-05-05T05:11:32","slug":"mortgages-for-new-uk-first-time-buyers-up-nearly-200-a-month-on-a-year-ago","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-for-new-uk-first-time-buyers-up-nearly-200-a-month-on-a-year-ago\/","title":{"rendered":"Mortgages for new UK first-time buyers up \u2018nearly \u00a3200 a month\u2019 on a year ago"},"content":{"rendered":"<p>&#013;<br \/>\nRightmove says rise due to higher home loan rates and record asking prices for propertiesNew first-time buyers are typically paying nearly \u00a3200 a month more on their mortgage than a year ago because of a combination of higher home loan rates and record asking prices for properties, new data shows.The figures from property website Rightmove underline the challenging conditions facing those hoping to get on to the UK housing ladder, with separate figures this week indicating that house prices have resumed their upwards march at the same time that average rents are hitting fresh highs. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/uk-news\/2023\/may\/05\/mortgages-for-new-uk-first-time-buyers-up-nearly-200-a-month-on-a-year-ago\" target=\"_blank\" rel=\"noopener\">Mortgages for new UK first-time buyers up \u2018nearly \u00a3200 a month\u2019 on a year ago<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Rightmove says rise due to higher home loan rates and record asking prices for propertiesNew&#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-136511","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-zvN","jetpack-related-posts":[{"id":26474,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-first-time-buyers-hit-by-steeper-rises-in-starter-home-prices\/","url_meta":{"origin":136511,"position":0},"title":"UK first-time buyers hit by steeper rises in starter home prices","date":"September 19, 2016","format":false,"excerpt":"\r Rightmove poll shows starter properties such as two-bed flats are 10% higher year on year despite Brexit vote uncertaintyFirst-time buyers hoping to snap up a bargain after the Brexit vote could be in for a shock with figures showing new sellers in England and Wales asking 3.3% more for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114319,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housing-boom-leads-to-2500-jump-in-asking-prices\/","url_meta":{"origin":136511,"position":1},"title":"UK housing boom leads to \u00a32,500 jump in asking prices","date":"February 17, 2020","format":false,"excerpt":"\r \u2018Boris bounce\u2019 invigorates buyers and sellers, leading to 12% surge in sales Britain\u2019s property market is in the grip of fresh boom, according to Rightmove, with asking prices jumping by more than \u00a32,500 over the past month alone.The average asking price for a home rose to \u00a3309,399 in February,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":13392,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-house-prices-soar-and-rest-of-uk-follows-suit\/","url_meta":{"origin":136511,"position":2},"title":"London house prices soar and rest of UK follows suit","date":"May 17, 2016","format":false,"excerpt":"\r UK house-price growth accelerated to the fastest pace in a year as stamp-duty changes prompted a surge in demand from landlords in the first quarter.Values rose an annual 9 per cent in March, up from 7.6 per cent the previous month, the office for national statistics said on Tuesday.\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130772,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-in-october-despite-economic-turmoil\/","url_meta":{"origin":136511,"position":3},"title":"UK house prices rise in October despite economic turmoil","date":"October 17, 2022","format":false,"excerpt":"\r Average price of a property coming to market up 0.9%, says Rightmove, but first-time buyer demand has droppedAsking prices for houses in the UK edged higher in October, although demand from first-time buyers has dropped as mortgage rates surge.Despite the economic turmoil since the government\u2019s mini-budget last month, there\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146755,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rate-cut-fuels-immediate-upturn-in-uk-property-market\/","url_meta":{"origin":136511,"position":4},"title":"Interest rate cut fuels immediate upturn in UK property market","date":"August 19, 2024","format":false,"excerpt":"\r Figures from Rightmove show inquiries to estate agents since 1 August up 19% compared with a year agoThe first Bank of England rate cut in four years has triggered an immediate upturn in the UK property market, as cheaper mortgages prompt interest among buyers and drive up house prices.Figures\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":164940,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/asking-prices-fall-as-uk-housing-market-hit-by-budget-speculation-rightmove-says\/","url_meta":{"origin":136511,"position":5},"title":"Asking prices fall as UK housing market hit by budget speculation, Rightmove says","date":"November 17, 2025","format":false,"excerpt":"\r November drop of 1.8% is biggest for this time of year since 2012, with chancellor\u2019s plans loomingBudget speculation has depressed the UK property market, figures from a leading property website have suggested, with asking prices slipping in the run-up to Rachel Reeves\u2019s much anticipated fiscal set piece on 26\u2026","rel":"","context":"In &quot;Property 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