{"id":137928,"date":"2023-06-25T12:00:27","date_gmt":"2023-06-25T05:00:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-kicking-ourselves-that-we-didnt-do-a-five-year-mortgage-fix-in-2021\/"},"modified":"2023-06-25T12:18:47","modified_gmt":"2023-06-25T05:18:47","slug":"were-kicking-ourselves-that-we-didnt-do-a-five-year-mortgage-fix-in-2021","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/were-kicking-ourselves-that-we-didnt-do-a-five-year-mortgage-fix-in-2021\/","title":{"rendered":"\u2018We\u2019re kicking ourselves that we didn\u2019t do a five-year mortgage fix in 2021\u2019"},"content":{"rendered":"


\nAnguished families talk about how the Bank of England\u2019s 13th consecutive interest hike is affecting them \u2013 and their fears for the futureLiam, 36, a senior IT manager and married father-of-one from Newcastle upon Tyne, is one of millions of homeowners whose mortgage payments will rise even higher after the Bank of England on Thursday put up the base interest rate to 5% \u2013 a 15-year high.Together with his husband, Liam bought his four-bedroom house in 2019 for \u00a3269k, and the couple\u2019s three-year mortgage deal, refixed at 1.64% in 2020 just before the first lockdown, expired in March. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u2018We\u2019re kicking ourselves that we didn\u2019t do a five-year mortgage fix in 2021\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Anguished families talk about how the Bank of England\u2019s 13th consecutive interest hike is affecting...<\/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-137928","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-zSE","jetpack-related-posts":[{"id":139275,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/as-uk-mortgage-interest-rates-fall-should-you-choose-a-two-year-or-five-year-fix\/","url_meta":{"origin":137928,"position":0},"title":"As UK mortgage interest rates fall, should you choose a two-year or five-year fix?","date":"September 22, 2023","format":false,"excerpt":"\r Bank of England halts run of base rate rises but borrowers still have much to ponderThis week\u2019s decision by the Bank of England to hold the base rate at 5.25% after 14 back-to-back rises has left borrowers sighing with relief. It was a close-run thing, with almost half of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137420,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/millions-are-facing-soaring-mortgage-rates-how-did-we-leave-them-so-vulnerable-will-hutton\/","url_meta":{"origin":137928,"position":1},"title":"Millions are facing soaring mortgage rates. How did we leave them so vulnerable? | Will Hutton","date":"June 18, 2023","format":false,"excerpt":"\r Homeowners in Britain are especially at risk because of a shortage of long-term loans. The sooner the Bank of England acts to fix this the betterThere is a cross-party consensus that Britain as a property-owning democracy should promote home ownership. To that end, 7.5 million people hold a record\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":40455,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-you-fix-your-mortgage-finally-the-answer-could-well-be-yes\/","url_meta":{"origin":137928,"position":2},"title":"Should you fix your mortgage? Finally, the answer could well be \u2018Yes\u2019","date":"May 23, 2015","format":false,"excerpt":"\r It\u2019s the most asked mortgage question, and for the first time since the credit crunch things appear to be changingIt\u2019s the money question I am asked more times than anything else. Should I fix my mortgage to avoid future interest rate rises? Or are interest rates going to stay\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37229,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-raises-mortgage-rates-and-pulls-cheapest-ever-fix\/","url_meta":{"origin":137928,"position":3},"title":"HSBC raises mortgage rates and pulls 'cheapest-ever' fix","date":"December 6, 2016","format":false,"excerpt":"\r Market expert says move could signal end of record low interest ratesThe first evidence has emerged that the era of record-low fixed-rate mortgages may be coming to an end after HSBC withdrew its \u201ccheapest-ever\u201d deal and increased rates on other products.HSBC had been offering a mortgage that allowed customers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":101436,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-remortgage-for-the-final-18-months-of-my-loan\/","url_meta":{"origin":137928,"position":4},"title":"Should I remortgage for the final 18 months of my loan?","date":"November 19, 2018","format":false,"excerpt":"\r I have an interest-only mortgage and I\u2019m a bit concerned in case the rate goes upQ My current fixed-rate mortgage deal ends about 18 months before my mortgage comes to an end in 2022. It\u2019s an interest-only mortgage so the last \u00a340,000 should be paid off by my endowment\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134423,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-five-year-fixed-mortgage-under-4-since-mini-budget-launched-by-hsbc\/","url_meta":{"origin":137928,"position":5},"title":"First five-year fixed mortgage under 4% since mini-budget launched by HSBC","date":"February 7, 2023","format":false,"excerpt":"\r Britons will be able to fix monthly home loan costs at level below Bank of England base rateFive-year fixed-rate mortgages priced at below 4% are back on sale for the first time since just after the disastrous autumn mini-budget.HSBC has repriced its range and introduced a new five-year fix\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\/137928"}],"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=137928"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/137928\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=137928"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=137928"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=137928"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}