{"id":137058,"date":"2023-05-20T14:00:51","date_gmt":"2023-05-20T07:00:51","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-time-to-switch-and-fix-to-save-up-to-400-a-month\/"},"modified":"2023-05-20T14:09:10","modified_gmt":"2023-05-20T07:09:10","slug":"uk-mortgages-time-to-switch-and-fix-to-save-up-to-400-a-month","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-time-to-switch-and-fix-to-save-up-to-400-a-month\/","title":{"rendered":"UK mortgages: time to switch and fix to save up to \u00a3400 a month"},"content":{"rendered":"


\nAverage SVR at highest level for more than 15 years as number of home loan products available jumpThe average standard variable rate (SVR) for mortgages has climbed to its highest level for more than 15 years, so many people sitting on one of these could save several hundred pounds a month by switching to a fixed-rate deal.That was one of the key takeaways from data issued this week that also signalled that rates on new fixed-rate mortgage deals may start to rise again. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK mortgages: time to switch and fix to save up to \u00a3400 a month<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Average SVR at highest level for more than 15 years as number of home loan...<\/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-137058","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-zEC","jetpack-related-posts":[{"id":127092,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-svr-paid-by-uk-mortgage-borrowers-hits-highest-level-in-13-years\/","url_meta":{"origin":137058,"position":0},"title":"Average SVR paid by UK mortgage borrowers hits highest level in 13 years","date":"June 20, 2022","format":false,"excerpt":"\r Standard variable rate reached 4.91% at the start June \u2013 before last week\u2019s rise in base rate by the Bank of EnglandThe average standard variable rate paid by UK mortgage borrowers reached its highest level in 13 years this month, it was revealed on Monday, and last week\u2019s increase\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127661,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-svr-mortgage-paid-in-uk-tops-5-for-first-time-since-2009\/","url_meta":{"origin":137058,"position":1},"title":"Average SVR mortgage paid in UK tops 5% for first time since 2009","date":"July 11, 2022","format":false,"excerpt":"\r Typical amount borrowers pay rises to highest level in 13 years at 5.06% after successive interest rate risesThe average standard variable rate paid by UK mortgage borrowers has topped 5% for the first time in more than 13 years, piling more pressure on households.The financial data provider Moneyfacts said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138079,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-and-five-year-fixed-rate-mortgages-in-uk-at-highest-level-for-seven-months\/","url_meta":{"origin":137058,"position":2},"title":"Two and five-year fixed-rate mortgages in UK at highest level for seven months","date":"June 26, 2023","format":false,"excerpt":"\r Data from Moneyfacts shows average cost of two-year deal now at 6.23% with five-year at 5.86%The average price of two and five-year fixed-rate mortgages in the UK has hit its highest level for seven months, putting further pressure on borrowers who are reaching the end of their deals.Data from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-average-rate-on-a-two-year-fixed-deal-soars-to-nearly-6\/","url_meta":{"origin":137058,"position":3},"title":"UK mortgages: average rate on a two-year fixed deal soars to nearly 6%","date":"October 4, 2022","format":false,"excerpt":"\r Government\u2019s 45p tax U-turn and calmer stock markets do not result in cheaper new mortgage dealsThe average rate on a two-year fixed mortgage has jumped to just under 6%, according to data released on Tuesday, dashing hopes that government efforts to calm the financial markets might ease the cost\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-switching-could-save-200-a-month-as-interest-rates-rise\/","url_meta":{"origin":137058,"position":4},"title":"Mortgages: switching could save \u00a3200 a month as interest rates rise","date":"February 5, 2022","format":false,"excerpt":"\r The cost of living is soaring, but you may still be able to cut the cost of your repaymentsUnless your mortgage is already fixed for the long term, this week\u2019s interest rate rise, following hot on the heels of December\u2019s, is likely to have given you cause for concern.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128627,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-your-options-if-you-want-to-switch-deals-or-are-a-first-time-buyer\/","url_meta":{"origin":137058,"position":5},"title":"Mortgages: your options if you want to switch deals or are a first-time buyer","date":"August 13, 2022","format":false,"excerpt":"\r The lowdown for different categories of borrower as interest rates continue to riseRates on new mortgages are continuing to climb, leaving millions of people in the UK \u2013 from those looking to switch to a new deal to would-be first-time buyers \u2013 wondering about their options.After last week\u2019s 0.5\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\/137058"}],"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=137058"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137058\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137058"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137058"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137058"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}