{"id":137795,"date":"2023-06-23T16:28:18","date_gmt":"2023-06-23T09:28:18","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jeremy-hunt-meets-uks-biggest-lenders-in-effort-to-quell-mortgage-crisis\/"},"modified":"2023-06-23T16:49:19","modified_gmt":"2023-06-23T09:49:19","slug":"jeremy-hunt-meets-uks-biggest-lenders-in-effort-to-quell-mortgage-crisis","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/jeremy-hunt-meets-uks-biggest-lenders-in-effort-to-quell-mortgage-crisis\/","title":{"rendered":"Jeremy Hunt meets UK\u2019s biggest lenders in effort to quell mortgage crisis"},"content":{"rendered":"


\nHopes of banks and building societies giving extra help to households after interest rate riseBusiness live \u2013 latest updatesJeremy Hunt is meeting with the leaders of Britain\u2019s biggest lenders in Downing Street on Friday in an attempt to quell the growing crisis in the mortgage market sparked by rapidly rising interest rates.The chancellor is expected to ask banks and building societies if they can do more to support struggling households after the Bank of England intensified its battle to tame high inflation with a half-point interest rate increase to 5% on Thursday. Continue reading…
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\nSource : theguardian.com
\nRead more…Jeremy Hunt meets UK\u2019s biggest lenders in effort to quell mortgage crisis<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Hopes of banks and building societies giving extra help to households after interest rate riseBusiness...<\/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-137795","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-zQv","jetpack-related-posts":[{"id":132486,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hunt-to-urge-banks-to-aid-mortgage-borrowers-amid-cost-of-living-crisis\/","url_meta":{"origin":137795,"position":0},"title":"Hunt to urge banks to aid mortgage borrowers amid cost-of-living crisis","date":"December 7, 2022","format":false,"excerpt":"\r Exclusive: Chancellor to meet heads of UK\u2019s major lenders and consumer champion Martin Lewis on WednesdayUK politics live \u2013 latest news updatesThe chancellor will urge the UK\u2019s largest banks to do all they can to support those struggling to pay their mortgage during the cost-of-living crisis when he holds\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123499,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fca-urges-lenders-to-support-uks-47000-mortgage-prisoners\/","url_meta":{"origin":137795,"position":1},"title":"FCA urges lenders to support UK\u2019s 47,000 \u2018mortgage prisoners\u2019","date":"November 30, 2021","format":false,"excerpt":"\r Regulator asks banks and building societies to offer support to borrowers unable to switchBanks and building societies have been urged to consider changes to lending criteria to help an estimated 47,000 borrowers who could benefit from a cheaper home loan but are currently unable to move.A review of \u201cmortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-put-up-interest-payments-before-banks-base-rate-hike\/","url_meta":{"origin":137795,"position":2},"title":"Mortgage lenders put up interest payments before Bank\u2019s base rate hike","date":"September 22, 2022","format":false,"excerpt":"\r Banks and building societies increased charges that could add thousands to some people\u2019s home loan costsBanks and building societies had already begun putting up mortgage interest payments before the Bank of England announced its latest base rate hike to 2.25% \u2013 piling more pressure on homebuyers and owners.For some,\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137813,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-12-month-grace-period-whats-in-it-for-you\/","url_meta":{"origin":137795,"position":3},"title":"Mortgage 12-month grace period: what\u2019s in it for you?","date":"June 24, 2023","format":false,"excerpt":"\r A charter has been struck between the chancellor and Britain\u2019s biggest lenders in a bid to stave off a wave of repossessionsStruggling homeowners are to be given a 12-month grace period before their home is repossessed as part of a new \u201cmortgage charter\u201d struck between Jeremy Hunt and Britain\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shares-in-buy-to-let-mortgage-lenders-fall-after-report-reeves-plans-rent-freeze\/","url_meta":{"origin":137795,"position":4},"title":"Shares in buy-to-let mortgage lenders fall after report Reeves plans rent freeze","date":"April 28, 2026","format":false,"excerpt":"\r FTSE 250 firms Paragon and OSB Group, owner of Kent Reliance and Precise Mortgages, slide on London Stock ExchangeRachel Reeves considering rent freeze to limit Iran war falloutBusiness live \u2013 latest updatesShares in some of the UK\u2019s biggest buy-to-let lenders such as Paragon and One Savings Bank have fallen\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/have-you-deferred-paying-your-mortgage-or-credit-card-debts\/","url_meta":{"origin":137795,"position":5},"title":"Have you deferred paying your mortgage or credit card debts?","date":"April 16, 2020","format":false,"excerpt":"\r One in nine households is taking a mortgage holiday. If you are among that number and have concerns, let us knowWhen the coronavirus crisis hit, lenders in the UK were told to help their customers by allowing them to suspend payments of mortgages, credit cards and personal loans for\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\/137795"}],"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=137795"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137795\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}