{"id":137271,"date":"2023-06-06T17:56:56","date_gmt":"2023-06-06T10:56:56","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilders-cut-back-on-construction-as-uk-mortgage-rate-rises-spook-buyers\/"},"modified":"2023-06-06T18:16:18","modified_gmt":"2023-06-06T11:16:18","slug":"housebuilders-cut-back-on-construction-as-uk-mortgage-rate-rises-spook-buyers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuilders-cut-back-on-construction-as-uk-mortgage-rate-rises-spook-buyers\/","title":{"rendered":"Housebuilders cut back on construction as UK mortgage rate rises spook buyers"},"content":{"rendered":"<p>&#013;<br \/>\nWork 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 rates over the coming months.The latest report on the construction sector found that work on residential building sites slipped in May to the weakest level since 2009, apart from when sites were locked down during the pandemic. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2023\/jun\/06\/housebuilders-cut-back-on-construction-as-uk-mortgage-rate-rises-spook-buyers\" target=\"_blank\" rel=\"noopener\">Housebuilders cut back on construction as UK mortgage rate rises spook buyers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Work on residential building sites slips in May to weakest level since 2009UK banks pull&#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-137271","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-zI3","jetpack-related-posts":[{"id":138707,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bellway-cuts-jobs-in-anticipation-of-uk-property-market-slowdown\/","url_meta":{"origin":137271,"position":0},"title":"Bellway cuts jobs in anticipation of UK property market slowdown","date":"August 9, 2023","format":false,"excerpt":"\r Prospect of higher mortgage rates and end of help-to-buy scheme leads housebuilder to shut down two divisionsBusiness live \u2013 latest updatesBellway, one of Britain\u2019s biggest housebuilders, has said it is cutting jobs as it anticipates a property market slowdown in the coming year because of higher mortgage rates and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":98890,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-fall-on-proposed-foreign-buyers-tax\/","url_meta":{"origin":137271,"position":1},"title":"UK housebuilders fall on proposed foreign buyers tax","date":"October 1, 2018","format":false,"excerpt":"\r \r \r Source : ft.com\r Read more...UK housebuilders fall on proposed foreign buyers tax","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18572,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/construction-becomes-first-casualty-of-brexit-as-housebuilders-get-jitters\/","url_meta":{"origin":137271,"position":2},"title":"Construction becomes first casualty of Brexit as housebuilders get jitters","date":"July 4, 2016","format":false,"excerpt":"\r Markit\/Cips survey shows industry badly affected by EU referendum, with plots set to remain empty across UK for some timePity the poor brickmakers, soon their stockpiles will reach to the moon and back. That\u2019s the message from private sector housebuilders, which have looked into the industry\u2019s crystal ball and\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115816,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-prepare-for-return-to-work\/","url_meta":{"origin":137271,"position":3},"title":"UK housebuilders prepare for return to work","date":"April 23, 2020","format":false,"excerpt":"\r Taylor Wimpey and Vistry will be the first listed groups to restart construction\r \r Source : ft.com\r Read more...UK housebuilders prepare for return to work","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115110,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-close-sites-despite-lockdown-exemption\/","url_meta":{"origin":137271,"position":4},"title":"UK housebuilders close sites despite lockdown exemption","date":"March 24, 2020","format":false,"excerpt":"\r Taylor Wimpey and Barratt halt work in effort to stem spread of coronavirus\r \r Source : ft.com\r Read more...UK housebuilders close sites despite lockdown exemption","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138885,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-housebuilders-shares-plunge-amid-fastest-drop-in-asking-prices-in-five-years\/","url_meta":{"origin":137271,"position":5},"title":"UK housebuilders\u2019 shares plunge amid fastest drop in asking prices in five years","date":"August 21, 2023","format":false,"excerpt":"\r Crest Nicholson forecasts lower profits after number of first-time buyers plungesBritain\u2019s housebuilders were the top stock market fallers on Monday morning after one of the biggest companies issued a profit warning and new data showed the fastest drop in asking prices in five years.Taylor Wimpey led the fallers on\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137271"}],"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=137271"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137271\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}