{"id":136622,"date":"2023-05-11T18:24:46","date_gmt":"2023-05-11T11:24:46","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/another-uk-interest-rate-rise-was-always-nailed-on-but-what-happens-next\/"},"modified":"2023-05-11T18:33:21","modified_gmt":"2023-05-11T11:33:21","slug":"another-uk-interest-rate-rise-was-always-nailed-on-but-what-happens-next","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/another-uk-interest-rate-rise-was-always-nailed-on-but-what-happens-next\/","title":{"rendered":"Another UK interest rate rise was always nailed on but what happens next?"},"content":{"rendered":"


\nBank of England aware that impact of most rates rises has yet to be felt, meaning a pause is now likelyMuch has changed since the Bank of England predicted the economy would shrink for eight successive quarters last November. Threadneedle Street now thinks growth will be stronger, inflation higher and unemployment lower than it expected six months ago. It is no longer forecasting even a single quarter of negative growth, even allowing for strikes and the extra bank holiday for the king\u2019s coronation.One thing that has not changed is the relentless upward movement in interest rates, which the Bank\u2019s monetary policy committee (MPC) has just raised for a 12th successive time. This is comfortably a record. Previously it had never raised borrowing costs more than three times in a row. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Another UK interest rate rise was always nailed on but what happens next?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bank of England aware that impact of most rates rises has yet to be felt,...<\/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-136622","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-zxA","jetpack-related-posts":[{"id":66446,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rates-stay-at-0-25-but-bank-of-england-hints-rise-is-looming\/","url_meta":{"origin":136622,"position":0},"title":"UK interest rates stay at 0.25% but Bank of England hints rise is looming","date":"September 15, 2017","format":false,"excerpt":"\r Pounds jumps 1% as governor says Bank is \u2018beginning to shift\u2019 on when to raise rates with a rise is possible \u2018in coming months\u2019 to stem inflationThe Bank of England has raised the prospect of an interest rate rise as early as November, in an attempt to relieve the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-mortgage-rate-for-two-year-fixed-deal-edges-closer-to-6\/","url_meta":{"origin":136622,"position":1},"title":"Average mortgage rate for two-year fixed deal edges closer to 6%","date":"June 15, 2023","format":false,"excerpt":"\r Nationwide is latest lender to lift cost of deals as borrowers brace for 13th successive Bank of England interest rate riseThe average rate on a new two-year fixed mortgage has edged closer to the 6% threshold, as Nationwide became the latest big lender to push through a significant increase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32869,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-stages-post-brexit-u-turn-as-it-hikes-growth-forecast-for-2017-and-keeps-interest-rates-on-hold\/","url_meta":{"origin":136622,"position":2},"title":"Bank of England stages post-Brexit u-turn as it hikes growth forecast for 2017 and keeps interest rates on hold","date":"November 3, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Bank of England stages post-Brexit u-turn as it hikes growth forecast for 2017 and keeps interest rates on hold","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54439,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/business-investment-and-global-recovery-will-aid-uk-growth-bank-of-england-says-as-interest-rates-remain-on-hold-at-0-25pc\/","url_meta":{"origin":136622,"position":3},"title":"Business investment and global recovery will aid UK growth, Bank of England says, as interest rates remain on hold at 0.25pc","date":"May 11, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Business investment and global recovery will aid UK growth, Bank of England says, as interest rates remain on hold at 0.25pc","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-are-mortgage-rates-going-up-when-the-bank-of-england-base-rate-hasnt-changed\/","url_meta":{"origin":136622,"position":4},"title":"Why are mortgage rates going up when the Bank of England base rate hasn\u2019t changed?","date":"March 19, 2026","format":false,"excerpt":"\r To understand this you need to know about swap rates and the impact of the war in IranOn 16 January, the average rate on a new two-year fixed-rate mortgage was 4.78%, according to the financial data company Moneyfacts. Two months later, it was 5.20%. Between those two dates, the\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":136622,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136622"}],"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=136622"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136622\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136622"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136622"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136622"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}