{"id":137265,"date":"2023-06-06T00:53:14","date_gmt":"2023-06-05T17:53:14","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-pull-hundreds-more-home-loan-deals-as-fixed-mortgage-rates-rise\/"},"modified":"2023-06-06T01:12:42","modified_gmt":"2023-06-05T18:12:42","slug":"uk-banks-pull-hundreds-more-home-loan-deals-as-fixed-mortgage-rates-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-pull-hundreds-more-home-loan-deals-as-fixed-mortgage-rates-rise\/","title":{"rendered":"UK banks pull hundreds more home loan deals as fixed mortgage rates rise"},"content":{"rendered":"


\nMortgage market turmoil prompts record numbers of people to take out loans of more than 35 yearsHundreds more home loan deals have been pulled by banks and building societies since the end of last week while rates on new fixed mortgage deals are continuing to ratchet upwards, the latest data reveals.The continuing turmoil in the mortgage market is also prompting record numbers of people to take out loans of more than 35 years in an attempt to make their monthly payments more affordable. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK banks pull hundreds more home loan deals as fixed mortgage rates rise<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mortgage market turmoil prompts record numbers of people to take out loans of more than...<\/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-137265","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-zHX","jetpack-related-posts":[{"id":137338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","url_meta":{"origin":137265,"position":0},"title":"UK mortgage turmoil continues as Santander pulls deals for new borrowers","date":"June 12, 2023","format":false,"excerpt":"\r Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed ratesSantander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.Days\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-market-turmoil-what-does-it-mean-for-your-deal\/","url_meta":{"origin":137265,"position":1},"title":"UK mortgage market turmoil: what does it mean for your deal?","date":"September 27, 2022","format":false,"excerpt":"\r Banks and building societies pull hundreds of deals in anticipation of further interest rate risesNearly 300 UK mortgage deals pulled in a day as pound fallsMortgage deals are being pulled by banks and building societies after the fall in the pound fuelled expectations of an emergency interest rate rise.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/natwest-and-virgin-money-cut-rates-as-mortgage-price-war-spreads\/","url_meta":{"origin":137265,"position":2},"title":"NatWest and Virgin Money cut rates as mortgage \u2018price war\u2019 spreads","date":"August 11, 2023","format":false,"excerpt":"\r Big lenders become latest to reduce borrowing costs, joining four other UK home loan providers this weekNatWest and Virgin Money have become the latest big lenders to slash rates on their fixed mortgage deals, prompting claims that a full-scale home loans \u201cprice war\u201d has broken out.The moves come after\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":137265,"position":3},"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":137271,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilders-cut-back-on-construction-as-uk-mortgage-rate-rises-spook-buyers\/","url_meta":{"origin":137265,"position":4},"title":"Housebuilders cut back on construction as UK mortgage rate rises spook buyers","date":"June 6, 2023","format":false,"excerpt":"\r Work on residential building sites slips in May to weakest level since 2009UK banks pull hundreds more mortgage deals as fixed rates riseBritain\u2019s housebuilders are cutting back on the construction of new homes amid signs that potential buyers are being spooked by the prospect of fresh increases in mortgage\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":137265,"position":5},"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 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