{"id":136624,"date":"2023-05-11T18:06:33","date_gmt":"2023-05-11T11:06:33","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-how-will-it-affect-you\/"},"modified":"2023-05-11T18:33:25","modified_gmt":"2023-05-11T11:33:25","slug":"uk-interest-rate-rise-how-will-it-affect-you","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-how-will-it-affect-you\/","title":{"rendered":"UK interest rate rise: how will it affect you?"},"content":{"rendered":"


\nThe quarter-point rise to 4.5% hits mortgage holders, credit card users and people seeking loans, but savers could benefitThe Bank of England has yet again hiked interest rates, in the 12th consecutive rise since December 2021. This time the increase is 0.25 percentage points \u2013 taking the base rate to 4.5%. So what does that mean for your finances? Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK interest rate rise: how will it affect you?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The quarter-point rise to 4.5% hits mortgage holders, credit card users and people seeking loans,...<\/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-136624","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-zxC","jetpack-related-posts":[{"id":136626,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-wont-be-able-to-pay-this-much-uk-interest-rate-hike-hits-home\/","url_meta":{"origin":136624,"position":0},"title":"\u2018We won\u2019t be able to pay this much\u2019: UK interest rate hike hits home","date":"May 11, 2023","format":false,"excerpt":"\r Families who have remortgaged or are about to tell of a precarious position after rate raised to 4.5%Business live: Rates hiked to 4.5% in battle against inflationFull story: Bank of England raises UK interest rates to 4.5%Explainer: UK interest rate rise: how will it affect you?When Rob, 35, from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-5m-uk-homeowners-on-variable-rate-mortgages-face-new-borrowing-rise\/","url_meta":{"origin":136624,"position":1},"title":"1.5m UK homeowners on variable rate mortgages face new borrowing rise","date":"May 11, 2023","format":false,"excerpt":"\r Bank 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138618,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-interest-rate-rise-what-it-means-for-you\/","url_meta":{"origin":136624,"position":2},"title":"UK interest rate rise: what it means for you","date":"August 3, 2023","format":false,"excerpt":"\r How the new base rate may affect mortgage holders and saversThe Bank of England has yet again raised interest rates \u2013 the 14th consecutive rise since December 2021. After June\u2019s unexpected 0.5% rise, this time the increase is 0.25 percentage points, taking the base rate to 5.25%. So what\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131351,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-will-the-uk-interest-rate-hike-affect-you\/","url_meta":{"origin":136624,"position":3},"title":"How will the UK interest rate hike affect you?","date":"November 3, 2022","format":false,"excerpt":"\r From loans to mortgages, house prices to credit cards \u2013 all you need to know about the biggest rate rise since 1989The Bank of England has hiked interest rates by 0.75 percentage points to 3% \u2013 the eighth rise since last December and the biggest since 1989. So what\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123849,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-interest-rate-rise-means-for-your-mortgage-debt-and-savings\/","url_meta":{"origin":136624,"position":4},"title":"What the interest rate rise means for your mortgage, debt and savings","date":"December 16, 2021","format":false,"excerpt":"\r The lowdown on how the Bank of England decision will affect borrowers and saversThe Bank of England has increased interest rates to 0.25% from the historical low of 0.1% in an attempt to tackle rising inflation in the UK, but what does that mean for the public? Continue reading...\r\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70272,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-looming-interest-rate-rise-how-it-will-affect-you\/","url_meta":{"origin":136624,"position":5},"title":"The looming interest rate rise: how it will affect you","date":"October 28, 2017","format":false,"excerpt":"\r On 2 November, the Bank of England is expected to increase the base rate after a decade. We explore what impact it will have on homeowners and saversThe longest period in living memory without a Bank of England rate rise is expected to end on Thursday, when the base\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\/136624"}],"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=136624"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136624\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}