{"id":136614,"date":"2023-05-11T11:00:15","date_gmt":"2023-05-11T04:00:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-5m-uk-homeowners-on-variable-rate-mortgages-face-new-borrowing-rise\/"},"modified":"2023-05-11T11:20:04","modified_gmt":"2023-05-11T04:20:04","slug":"1-5m-uk-homeowners-on-variable-rate-mortgages-face-new-borrowing-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-5m-uk-homeowners-on-variable-rate-mortgages-face-new-borrowing-rise\/","title":{"rendered":"1.5m UK homeowners on variable rate mortgages face new borrowing rise"},"content":{"rendered":"


\nBank of England expected to push interest rates up to 4.5% to tackle high inflation rateAlmost 1.5 million homeowners with variable rate mortgages face higher borrowing costs with the Bank of England expected to push up interest rates on Thursday to 4.5%.A poll of City analysts found there was a 96% chance the central bank would increase its base rate by 0.25 percentage points when policymakers meet to tackle Britain\u2019s stubbornly high inflation rate. Continue reading…
\n
\nSource : theguardian.com
\nRead more…1.5m UK homeowners on variable rate mortgages face new borrowing rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bank of England expected to push interest rates up to 4.5% to tackle high inflation...<\/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-136614","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-zxs","jetpack-related-posts":[{"id":138614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-bloodbath-the-uk-homeowners-on-variable-mortgages-fearing-another-rate-rise\/","url_meta":{"origin":136614,"position":0},"title":"\u2018It\u2019s a bloodbath\u2019: the UK homeowners on variable mortgages fearing another rate rise","date":"August 3, 2023","format":false,"excerpt":"\r With the cost of borrowing likely to rise again, we speak to some of the 1.4m people on variable rates dreading the latest decisionBank of England poised to raise UK interest rates to 5.25%\u201cIt\u2019s a bloodbath, that\u2019s the way I\u2019d like to describe it,\u201d says John*, a father of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uae-homeowners-feel-the-pinch-as-mortgages-rise-on-back-of-fed-rate-increase\/","url_meta":{"origin":136614,"position":1},"title":"UAE homeowners feel the pinch as mortgages rise on back of Fed rate increase","date":"January 6, 2016","format":false,"excerpt":"\r \r UAE homeowners have been hit by new year mortgage rate increases as banks pass on rising interbank-borrowing costs. HSBC Middle East raised its mortgage rate based on its Emirates Interbank Offered Rate (Eibor) by just under a quarter per cent from the start of the month. A spokeswoman\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140677,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-if-your-mortgage-costs-will-rise-soon-how-are-you-preparing\/","url_meta":{"origin":136614,"position":2},"title":"UK homeowners: if your mortgage costs will rise soon, how are you preparing?","date":"December 12, 2023","format":false,"excerpt":"\r We\u2019d like to hear from people in the UK whose mortgage rates will rise next year, and what they are doing to be able to afford the extra costsThe Bank of England governor, Andrew Bailey, warned repeatedly this week against speculation that the base interest rate of currently 5.25%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149406,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-does-the-bank-of-england-interest-rate-cut-mean-for-mortgages-and-savings\/","url_meta":{"origin":136614,"position":3},"title":"What does the Bank of England interest rate cut mean for mortgages and savings?","date":"February 6, 2025","format":false,"excerpt":"\r Decision will lead to lower borrowing costs for those on trackers \u2013 but fixed-rate deals will stay the sameBank cuts interest rates to 4.5% and halves UK growth forecastUnambiguously bleak forecasts pave way for spending cutsBusiness live \u2013 latest updatesThe Bank of England has cut interest rates from 4.75%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-slash-mortgages-as-bank-of-england-rate-cut-brings-relief-to-homeowners\/","url_meta":{"origin":136614,"position":4},"title":"UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners","date":"August 2, 2024","format":false,"excerpt":"\r UK lenders have begun slashing their mortgage rates in a sign that financial pressure on households may be easing after the Bank of England cut interest rates\r \r Source : cnbc.com\r Read more...UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138612,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-poised-to-raise-uk-interest-rates-to-5-25\/","url_meta":{"origin":136614,"position":5},"title":"Bank of England poised to raise UK interest rates to 5.25%","date":"August 3, 2023","format":false,"excerpt":"\r Fears remain over stubborn inflation but slowing economy likely to fuel more cautious approach from rate-setters, say analysts\u2018It\u2019s a bloodbath\u2019: UK homeowners on variable mortgagesThe Bank of England is poised to push interest rates to 5.25% on Thursday as it tries to bring down inflation with a 14th consecutive\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\/136614"}],"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=136614"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136614\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}