{"id":138572,"date":"2023-07-31T18:04:28","date_gmt":"2023-07-31T11:04:28","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-rise-despite-surge-in-borrowing-rates\/"},"modified":"2023-07-31T18:27:50","modified_gmt":"2023-07-31T11:27:50","slug":"uk-mortgage-approvals-rise-despite-surge-in-borrowing-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-rise-despite-surge-in-borrowing-rates\/","title":{"rendered":"UK mortgage approvals rise despite surge in borrowing rates"},"content":{"rendered":"


\nSurprise jump in demand for home loans as borrowers \u2018scramble\u2019 to get ahead of interest rate increasesAnalysis \u2013 mortgage rates show sign of easingBusiness live \u2013 latest updatesMortgage approvals in the UK rose to their highest level since October 2022 last month amid signs of a scramble to secure home loan deals before an expected surge in interest rates.New data from the Bank of England revealed a surprise increase in demand for mortgages, with the increase from 51,100 in May to 54,700 in June confounding expectations in the financial markets of a fall to 49,000. Continue reading…
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\nSource : theguardian.com
\nRead more…UK mortgage approvals rise despite surge in borrowing rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Surprise jump in demand for home loans as borrowers \u2018scramble\u2019 to get ahead of 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-138572","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-A32","jetpack-related-posts":[{"id":138978,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-fall-to-five-month-low-as-rate-hikes-hit-demand\/","url_meta":{"origin":138572,"position":0},"title":"UK mortgage approvals fall to five-month low as rate hikes hit demand","date":"August 30, 2023","format":false,"excerpt":"\r July is traditionally busy month for home buying but surge in interest rates has begun to \u2018take its toll\u2019The number of mortgage approvals fell to its lowest level in five months in July, amid fresh evidence of the impact of the sharp increase in borrowing costs on the housing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113901,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-at-highest-level-in-three-years\/","url_meta":{"origin":138572,"position":1},"title":"UK mortgage approvals at highest level in three years","date":"January 27, 2020","format":false,"excerpt":"\r Surge in December fuelled by record-low interest rates\r \r Source : ft.com\r Read more...UK mortgage approvals at highest level in three years","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140079,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-slump-before-interest-rates-decision\/","url_meta":{"origin":138572,"position":2},"title":"UK mortgage approvals slump before interest rates decision","date":"October 30, 2023","format":false,"excerpt":"\r Remortgaging at lowest level since January 1999 as borrowers face higher repaymentsUK mortgage approvals slumped in September amid mounting signs of stress in the property market, according to official figures before the Bank of England\u2019s next decision on interest rates on Thursday.Figures from the central bank showed net borrowing\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-at-fastest-rate-since-2009-after-interest-rate-rises\/","url_meta":{"origin":138572,"position":3},"title":"UK house prices fall at fastest rate since 2009 after interest rate rises","date":"August 1, 2023","format":false,"excerpt":"\r Nationwide says cost of a typical home is \u00a3260,828 after 3.8% year-on-year drop in JulyBusiness live \u2013 latest updatesUK mortgage approvals rise despite surge in interest ratesAnalysis \u2013 mortgage rates show sign of easingUK house prices fell last month at the fastest annual rate in 14 years, as higher\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":152454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-lending-at-four-year-high-amid-rush-to-avoid-stamp-duty-rise\/","url_meta":{"origin":138572,"position":4},"title":"UK mortgage lending at four-year high amid rush to avoid stamp duty rise","date":"May 1, 2025","format":false,"excerpt":"\r Figures show a 290% rise in mortgage borrowing, but approvals for new home purchases fell for the third monthA rush to get property purchases over the line before last month\u2019s stamp duty rise pushed UK mortgage lending to a four-year high in March, official data shows.Bank of England figures\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138200,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/risks-of-a-uk-housing-crash-rising-by-the-day-as-fixed-rate-mortgage-deals-end\/","url_meta":{"origin":138572,"position":5},"title":"Risks of a UK housing crash rising by the day as fixed-rate mortgage deals end","date":"July 5, 2023","format":false,"excerpt":"\r The tipping point for the economy could come if fixed-rate mortgages rise above 7%All things considered, Britain\u2019s housing market has held up pretty well so far in the face of a relentless rise in borrowing costs that has seen five-year fixed rate mortgages climb above 6%. House prices, according\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\/138572"}],"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=138572"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/138572\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=138572"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=138572"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=138572"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}