{"id":137131,"date":"2023-05-25T22:24:57","date_gmt":"2023-05-25T15:24:57","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-and-first-time-buyers-warned-to-brace-for-5-plus-mortgage-rates\/"},"modified":"2023-05-25T22:31:46","modified_gmt":"2023-05-25T15:31:46","slug":"uk-homeowners-and-first-time-buyers-warned-to-brace-for-5-plus-mortgage-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-and-first-time-buyers-warned-to-brace-for-5-plus-mortgage-rates\/","title":{"rendered":"UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates"},"content":{"rendered":"


\nLenders forced to raise fixed-term deals after latest inflation figure pushed swap rates upwardsHouseholds looking for a new mortgage deal have been warned to expect 5%-plus fixed-rate deals in the coming weeks, after Wednesday\u2019s inflation figures sent the money markets back into turmoil.Nick Mendes, mortgage technical manager at brokers John Charcol, said on Thursday that he doubts that there will be any two-year fixed-rate mortgages and probably few five-year deals priced at less than 5% in the coming weeks, as lenders are forced to re-price their mortgages upwards. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Lenders forced to raise fixed-term deals after latest inflation figure pushed swap rates upwardsHouseholds looking...<\/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-137131","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-zFN","jetpack-related-posts":[{"id":138533,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-uk-lenders-cut-fixed-mortgage-deals-in-sign-rates-may-be-close-to-peaking\/","url_meta":{"origin":137131,"position":0},"title":"Big UK lenders cut fixed mortgage deals in sign rates may be close to peaking","date":"July 28, 2023","format":false,"excerpt":"\r Moves by Nationwide, HSBC and TSB come after fall in inflation eases fears over future interest rate risesBusiness live updates \u2013 latest newsSeveral big lenders including Nationwide, HSBC and TSB have cut rates on their fixed mortgage deals in a sign that home loan costs may be close to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143855,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leading-uk-lenders-raise-fixed-rate-mortgage-deals-amid-market-uncertainty\/","url_meta":{"origin":137131,"position":1},"title":"Leading UK lenders raise fixed-rate mortgage deals amid \u2018market uncertainty\u2019","date":"April 23, 2024","format":false,"excerpt":"\r Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loansAt least five leading lenders increased rates on their fixed mortgage deals on Tuesday in response to \u201cmarket uncertainty\u201d, adding to pressure on homebuyers and those looking to remortgage.Barclays, HSBC, NatWest, Accord Mortgages (part\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hope-for-homebuyers-as-rates-fall-on-uk-fixed-mortgage-deals\/","url_meta":{"origin":137131,"position":2},"title":"Hope for homebuyers as rates fall on UK fixed mortgage deals","date":"July 20, 2023","format":false,"excerpt":"\r Small drops in average rates for two- and five-year fixed mortgages follow easing of inflation rate in JuneBorrowers received a glimmer of good news after average rates on new two- and five-year fixed mortgages fell for the first time since May.News of the small falls came 24 hours after\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":137131,"position":3},"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":140912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-face-19bn-rise-in-mortgage-costs-as-fixed-rate-deals-expire\/","url_meta":{"origin":137131,"position":4},"title":"Homeowners face \u00a319bn rise in mortgage costs as fixed-rate deals expire","date":"January 4, 2024","format":false,"excerpt":"\r As many as 1.5m households are expected to face a mortgage payment hike this year as their fixed-rate deals come to an end\u2018Sleepless nights\u2019: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a \u00a319bn surge in mortgage costs as millions more fixed-rate deals expire and borrowers are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170706,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-nationwide-and-coventry-raise-rates-on-fixed-mortgages-amid-middle-east-crisis\/","url_meta":{"origin":137131,"position":5},"title":"HSBC, Nationwide and Coventry raise rates on fixed mortgages amid Middle East crisis","date":"March 5, 2026","format":false,"excerpt":"\r Experts say Iran war could cause energy price shock that pushes up UK inflation, in turn forcing up interest ratesHSBC, Nationwide and Coventry building societies are the first big UK lenders to announce an increase in rates on their fixed mortgage deals as a result of the Middle East\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\/137131"}],"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=137131"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137131\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137131"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}