{"id":137256,"date":"2023-06-05T16:00:28","date_gmt":"2023-06-05T09:00:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-uk-lenders-continue-to-raise-rates-and-pull-deals\/"},"modified":"2023-06-05T16:10:27","modified_gmt":"2023-06-05T09:10:27","slug":"mortgages-uk-lenders-continue-to-raise-rates-and-pull-deals","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-uk-lenders-continue-to-raise-rates-and-pull-deals\/","title":{"rendered":"Mortgages: UK lenders continue to raise rates and pull deals"},"content":{"rendered":"<p>&#013;<br \/>\nRecord 19% of all loans taken out by first-time buyers in March were for 35 years or longerBusiness live \u2013 latest updatesMortgage market misery has stepped up for homebuyers as lenders continue to increase borrowing rates and pull deals, prompting record numbers to take out loans of more than 35 years in an attempt to make monthly payments more affordable.A record 19% of all loans taken out by first-time buyers in March were for terms of 35 years or longer, with more than half taking a loan of more than 30 years, as house hunters seek to make the soaring cost of loans more affordable. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2023\/jun\/05\/mortgages-uk-lenders-continue-to-raise-rates-and-pull-deals\" target=\"_blank\" rel=\"noopener\">Mortgages: UK lenders continue to raise rates and pull deals<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Record 19% of all loans taken out by first-time buyers in March were for 35&#46;&#46;&#46;<\/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-137256","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-zHO","jetpack-related-posts":[{"id":137131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-and-first-time-buyers-warned-to-brace-for-5-plus-mortgage-rates\/","url_meta":{"origin":137256,"position":0},"title":"UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates","date":"May 25, 2023","format":false,"excerpt":"\r Lenders 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150840,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-cuts-rates-on-some-mortgages-to-below-4-amid-us-tariffs-turmoil\/","url_meta":{"origin":137256,"position":1},"title":"Barclays cuts rates on some mortgages to below 4% amid US tariffs turmoil","date":"April 10, 2025","format":false,"excerpt":"\r Bank is largest UK lender to cut rates in apparent response to turbulence, and experts predict others will follow Business live \u2013 latest updatesBarclays has become the largest UK lender so far to cut its mortgage rates in apparent response to the financial turmoil sparked by the US trade\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117076,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-retreat-from-first-time-buyers-with-low-deposits\/","url_meta":{"origin":137256,"position":2},"title":"Mortgage lenders retreat from first-time buyers with low deposits","date":"June 12, 2020","format":false,"excerpt":"\r Providers pull deals after a \u2018tidal wave of business\u2019 for riskier home loans\r \r Source : ft.com\r Read more...Mortgage lenders retreat from first-time buyers with low deposits","rel":"","context":"In &quot;Property News&quot;","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":137256,"position":3},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rates-rise-on-uk-mortgages-as-lenders-look-to-inflation-fallout\/","url_meta":{"origin":137256,"position":4},"title":"Rates rise on UK mortgages as lenders look to inflation fallout","date":"February 25, 2022","format":false,"excerpt":"\r Borrowers act fast to lock in attractive deals as further rate rises are expected\r \r Source : ft.com\r Read more...Rates rise on UK mortgages as lenders look to inflation fallout","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-mortgage-rate-tops-5-as-lenders-scurry-to-reprice-loans-amid-middle-east-crisis\/","url_meta":{"origin":137256,"position":5},"title":"Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis","date":"March 11, 2026","format":false,"excerpt":"\r More than 500 lending products pulled in biggest single upheaval since Liz Truss\u2019s mini-budget in 2022How will war in the Middle East affect your finances?Business live \u2013 latest updatesAverage mortgage rates in the UK have flown past 5% as lenders scramble to respond to growing turmoil in the home\u2026","rel":"","context":"In &quot;Property 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