{"id":138301,"date":"2023-07-13T16:02:21","date_gmt":"2023-07-13T09:02:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-gdp-mortgage-payers-worst-fears-are-likely-to-come-true\/"},"modified":"2023-07-13T16:18:43","modified_gmt":"2023-07-13T09:18:43","slug":"uk-gdp-mortgage-payers-worst-fears-are-likely-to-come-true","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-gdp-mortgage-payers-worst-fears-are-likely-to-come-true\/","title":{"rendered":"UK GDP: mortgage payers\u2019 worst fears are likely to come true"},"content":{"rendered":"


\nCycle of interest rate rises look likely to continue after better than forecast economic dataUK economy shrinks by 0.1% in May after coronation festivitiesBusiness live: economy shrank after bank holidays hit activityFor mortgage payers, the latest economic growth figures are a disappointment.The 0.1% contraction in gross domestic product (GDP) between April and May tells the Bank of England that the jump in interest rates over the previous 18 months has only had a mild dampening effect on the economy. Continue reading…
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\nSource : theguardian.com
\nRead more…UK GDP: mortgage payers\u2019 worst fears are likely to come true<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Cycle of interest rate rises look likely to continue after better than forecast economic dataUK...<\/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-138301","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-zYF","jetpack-related-posts":[{"id":133607,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-payers-face-squeeze-in-2023-after-uk-interest-rate-rises\/","url_meta":{"origin":138301,"position":0},"title":"Mortgage payers face squeeze in 2023 after UK interest rate rises","date":"January 8, 2023","format":false,"excerpt":"\r Wealthy people who own home outright will avoid higher costs and benefit from better return on savingsHomeowners with mortgages will be among the biggest losers from the cost of living crisis in 2023 due to interest rate rises, while the wealthiest UK households will benefit from better returns on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171206,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-interest-rates-will-rise-four-times-this-year-markets-predict\/","url_meta":{"origin":138301,"position":1},"title":"UK mortgage interest rates will rise four times this year, markets predict","date":"March 23, 2026","format":false,"excerpt":"\r Investors believe Bank of England is likely to act amid sustained rise in inflation from Iran warBusiness live \u2013 latest updates\u2018Trumpflation\u2019: how the Iran war\u2019s economic storm could affect BritonsThe Bank of England will raise the cost of borrowing four times this year, pushing UK interest rates from 3.75%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139348,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-payers-making-big-changes-to-meet-higher-payments-survey-finds\/","url_meta":{"origin":138301,"position":2},"title":"UK mortgage payers making big changes to meet higher payments, survey finds","date":"September 28, 2023","format":false,"excerpt":"\r Britons are raiding savings or cutting pension contributions, KPMG study findsMortgage holders are making big changes to their finances \u2013 from cutting pension contributions to downsizing \u2013 to cope with dramatically higher monthly payments, a new survey shows.Faced with either the immediate reality of higher mortgage costs or the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30721,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-payers-who-were-double-billed-to-get-compensation-from-banks\/","url_meta":{"origin":138301,"position":3},"title":"Mortgage payers who were 'double-billed' to get compensation from banks","date":"October 19, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Mortgage payers who were 'double-billed' to get compensation from banks","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":109000,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/singapore-gdp-growth-slows-to-0-1-in-q2-2019\/","url_meta":{"origin":138301,"position":4},"title":"Singapore GDP growth slows to 0.1% in Q2 2019","date":"July 15, 2019","format":false,"excerpt":"\r While the economy grew by 0.1 percent in the second quarter, it\u2019s still lower than the 1.1 percent growth recorded in the previous quarter. Although the manufacturing sector declined by 3.8 percent, both the construction and services-producing sectors an improvement of 2.2 and 1.2 percent respectively.\u00a0\u00a0 The Singapore economy\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":70276,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-we-dont-need-an-interest-rate-rise-yet\/","url_meta":{"origin":138301,"position":5},"title":"Why we don\u2019t need an interest rate rise (yet)","date":"October 28, 2017","format":false,"excerpt":"\r The economy is weak and the impact of higher rates on consumer behaviour is arguableIt has been a grim week for economic news. High street stores reported rapidly falling sales \u2013 the worst since 2009. Output from Britain\u2019s car factories tumbled, shrinking by 4.1% in September, with demand 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\/138301"}],"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=138301"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138301\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138301"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138301"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138301"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}