{"id":137338,"date":"2023-06-12T18:44:58","date_gmt":"2023-06-12T11:44:58","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/"},"modified":"2023-06-12T18:59:35","modified_gmt":"2023-06-12T11:59:35","slug":"uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","title":{"rendered":"UK mortgage turmoil continues as Santander pulls deals for new borrowers"},"content":{"rendered":"<p>&#013;<br \/>\nMove 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 after HSBC temporarily pulled down the shutters, Santander told mortgage brokers that it would stop accepting new applications for its \u201cnew business\u201d residential and buy-to-let fixed and tracker rates at 7.30pm on Monday, with deals not becoming available again until Wednesday 14 June. 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\/12\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\" target=\"_blank\" rel=\"noopener\">UK mortgage turmoil continues as Santander pulls deals for new borrowers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Move follows decision by HSBC and applies to brokers and online applications as lenders hike&#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-137338","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-zJ8","jetpack-related-posts":[{"id":149471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boost-for-uk-borrowers-as-santander-fires-starting-gun-on-mortgage-price-war\/","url_meta":{"origin":137338,"position":0},"title":"Boost for UK borrowers as Santander \u2018fires starting gun\u2019 on mortgage price war","date":"February 12, 2025","format":false,"excerpt":"\r Bank to offer first two-year deal under 4% with rivals likely to follow suitThe first sub-4% mortgages for months are going on sale, handing a much-needed boost to first-time buyers and those worried about refinancing their home loan.Santander on Thursday will start offering fixed rate deals at 3.99% lasting\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137295,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-temporarily-withdraws-mortgage-deals-for-new-borrowers\/","url_meta":{"origin":137338,"position":1},"title":"HSBC temporarily withdraws mortgage deals for new borrowers","date":"June 9, 2023","format":false,"excerpt":"\r Bank removes all its \u2018new business\u2019 residential and buy-to-let products after surge in demandHSBC has temporarily withdrawn mortgage deals for new borrowers due to a surge in demand ahead of expected rate rises.The bank said on Thursday it would remove all its \u201cnew business\u201d residential and buy-to-let products, with\u2026","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":137338,"position":2},"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":145451,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-and-hsbc-to-cut-fixed-rate-mortgage-deals\/","url_meta":{"origin":137338,"position":3},"title":"Barclays and HSBC to cut fixed-rate mortgage deals","date":"June 25, 2024","format":false,"excerpt":"\r Other lenders likely to follow suit as analysts say 0.25 percentage point cut could fuel \u2018summer of savings\u2019 for borrowersBusiness live \u2013 latest updatesHSBC and Barclays are cutting rates on their fixed mortgage deals in what some brokers claim could be the start of a \u201csummer of savings\u201d for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137309,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-government-can-rule-out-pre-election-feelgood-factor-from-property-market\/","url_meta":{"origin":137338,"position":4},"title":"UK government can rule out pre-election feelgood factor from property market","date":"June 9, 2023","format":false,"excerpt":"\r The question is not whether house prices will continue to fall but how big the drop will beBusiness live \u2013 latest updatesThis time last year the housing market was flying. Demand for home loans was strong and mortgage lenders were vying to offer the most attractive deals. House prices\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137313,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-pulls-some-uk-mortgage-deals-as-fears-of-rising-rates-hits-home-buyers-once-more\/","url_meta":{"origin":137338,"position":5},"title":"HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","date":"June 9, 2023","format":false,"excerpt":"\r Analysts expect mortgage rates to soar and housing prices to plummet in the U.K., as the effect of higher interest rates ripples through the British housing market.\r \r Source : cnbc.com\r Read more...HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","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\/137338"}],"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=137338"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137338\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137338"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137338"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137338"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}