{"id":138281,"date":"2023-07-11T15:11:26","date_gmt":"2023-07-11T08:11:26","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-two-year-fixed-mortgage-rates-hit-highest-level-since-2008\/"},"modified":"2023-07-11T15:28:03","modified_gmt":"2023-07-11T08:28:03","slug":"uk-two-year-fixed-mortgage-rates-hit-highest-level-since-2008","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-two-year-fixed-mortgage-rates-hit-highest-level-since-2008\/","title":{"rendered":"UK two-year fixed mortgage rates hit highest level since 2008"},"content":{"rendered":"


\nAverage rate rises to 6.66%, according to Moneyfacts, in more bad news for homeownersUK interest rates likely to rise again despite slowing labour marketTwo-year fixed mortgage rates in the UK have risen to the highest level since the 2008 financial crisis, adding to the pressure on households.A typical two-year deal has risen to 6.66%, up from 6.63% on Monday, according to data provider Moneyfacts. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK two-year fixed mortgage rates hit highest level since 2008<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Average rate rises to 6.66%, according to Moneyfacts, in more bad news for homeownersUK interest...<\/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-138281","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-zYl","jetpack-related-posts":[{"id":138307,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/a-crash-is-unlikely-but-the-fall-in-uk-home-prices-has-a-long-way-to-go-nils-pratley\/","url_meta":{"origin":138281,"position":0},"title":"A crash is unlikely, but the fall in UK home prices has a long way to go | Nils Pratley","date":"July 13, 2023","format":false,"excerpt":"\r First-time buyers face higher mortgage rates, and surging rents and bills prevent saving for deposits \u2013 no wonder there\u2019s a big slowdown Inquiries by would-be buyers of homes hit an eight-month low last month, according to the Royal Institution of Chartered Surveyors, which talked about \u201ca renewed deterioration in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-nearly-800-deals-pulled-amid-interest-rate-fears\/","url_meta":{"origin":138281,"position":1},"title":"UK mortgages: nearly 800 deals pulled amid interest rate fears","date":"May 30, 2023","format":false,"excerpt":"\r Rates rising for new fixed-term home loans, figures from Moneyfacts showNearly 800 residential and buy-to-let mortgage deals have been pulled during the past few days by UK banks and building societies amid concern surrounding future interest rate rises, data has revealed.The figures from the financial data provider Moneyfacts also\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rate-rise-outpaces-interest-rates-data-reveals\/","url_meta":{"origin":138281,"position":2},"title":"UK mortgage rate rise outpaces interest rates, data reveals","date":"August 23, 2022","format":false,"excerpt":"\r Average new two-year fixed rate has jumped 1.75 percentage points since December 2021, 0.1 points faster than base rateThe price of new mortgages is rising even faster than UK interest rates, according to new data that adds to the dilemma faced by many thinking about taking out a new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10438,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buy-to-let-landlords-keep-benefiting-from-cheaper-mortgages\/","url_meta":{"origin":138281,"position":3},"title":"Buy-to-let landlords keep benefiting from cheaper mortgages","date":"April 12, 2016","format":false,"excerpt":"\r Finance website Moneyfacts says buy-to-let mortgage rates continue to fall despite Bank of England moves to dampen marketBuy-to-let landlords are continuing to benefit from falling mortgage rates, according to new data, despite policymakers saying they are keeping a close eye on the fast-growing sector.Data from finance website Moneyfacts shows\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130453,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-average-rate-on-a-two-year-fixed-deal-soars-to-nearly-6\/","url_meta":{"origin":138281,"position":4},"title":"UK mortgages: average rate on a two-year fixed deal soars to nearly 6%","date":"October 4, 2022","format":false,"excerpt":"\r Government\u2019s 45p tax U-turn and calmer stock markets do not result in cheaper new mortgage dealsThe average rate on a two-year fixed mortgage has jumped to just under 6%, according to data released on Tuesday, dashing hopes that government efforts to calm the financial markets might ease the cost\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138079,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-and-five-year-fixed-rate-mortgages-in-uk-at-highest-level-for-seven-months\/","url_meta":{"origin":138281,"position":5},"title":"Two and five-year fixed-rate mortgages in UK at highest level for seven months","date":"June 26, 2023","format":false,"excerpt":"\r Data from Moneyfacts shows average cost of two-year deal now at 6.23% with five-year at 5.86%The average price of two and five-year fixed-rate mortgages in the UK has hit its highest level for seven months, putting further pressure on borrowers who are reaching the end of their deals.Data from\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\/138281"}],"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=138281"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138281\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138281"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138281"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138281"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}