{"id":139022,"date":"2023-09-02T13:00:36","date_gmt":"2023-09-02T06:00:36","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/third-of-uk-mortgage-holders-do-not-think-they-will-pay-it-off-by-65\/"},"modified":"2023-09-02T13:09:29","modified_gmt":"2023-09-02T06:09:29","slug":"third-of-uk-mortgage-holders-do-not-think-they-will-pay-it-off-by-65","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/third-of-uk-mortgage-holders-do-not-think-they-will-pay-it-off-by-65\/","title":{"rendered":"Third of UK mortgage holders \u2018do not think they will pay it off by 65\u2019"},"content":{"rendered":"


\nSurvey released as HSBC becomes latest lender to increase maximum home loan term to 40 yearsA third of those with a mortgage do not think they will pay it off by the time they are 65, according to data this week. It coincided with HSBC becoming the latest big lender to increase its maximum mortgage term to 40 years.The chaos in the home loans market has resulted in millions of people in the UK being hit with or facing dramatically higher costs \u2013 prompting many to look at stretching their mortgage term in order to bring down their monthly payments. Continue reading…
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\nSource : theguardian.com
\nRead more…Third of UK mortgage holders \u2018do not think they will pay it off by 65\u2019<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Survey released as HSBC becomes latest lender to increase maximum home loan term to 40...<\/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-139022","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-Aai","jetpack-related-posts":[{"id":140900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-joins-mortgage-rate-cutting-drive-with-deals-below-4\/","url_meta":{"origin":139022,"position":0},"title":"HSBC joins mortgage rate-cutting drive with deals below 4%","date":"January 3, 2024","format":false,"excerpt":"\r Five- and 10-year fixed-rate remortgage offers announced as lenders big and small reduce ratesHSBC has become the latest big UK lender to announce across-the-board mortgage interest rate cuts, with leading names announcing reductions of up to one percentage point.The bank\u2019s new deals announced on Wednesday include a headline-grabbing five-year\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137313,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-pulls-some-uk-mortgage-deals-as-fears-of-rising-rates-hits-home-buyers-once-more\/","url_meta":{"origin":139022,"position":1},"title":"HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","date":"June 9, 2023","format":false,"excerpt":"\r Analysts expect mortgage rates to soar and housing prices to plummet in the U.K., as the effect of higher interest rates ripples through the British housing market.\r \r Source : cnbc.com\r Read more...HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","url_meta":{"origin":139022,"position":2},"title":"UK mortgage turmoil continues as Santander pulls deals for new borrowers","date":"June 12, 2023","format":false,"excerpt":"\r Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed ratesSantander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.Days\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ends-fixed-rate-mortgage-in-hong-kong-a-week-after-feds-rate-rise\/","url_meta":{"origin":139022,"position":3},"title":"HSBC ends fixed-rate mortgage in Hong Kong a week after Fed\u2019s rate rise","date":"March 27, 2018","format":false,"excerpt":"\r HSBC, Hong Kong\u2019s biggest lender, will stop offering its fixed-rate mortgage plan on Thursday, a week after the US Federal Reserve raised its key interest rate by 25 basis points. The move comes at a time of fierce competition between banks in Hong Kong to attract mortgage customers. The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138533,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/big-uk-lenders-cut-fixed-mortgage-deals-in-sign-rates-may-be-close-to-peaking\/","url_meta":{"origin":139022,"position":4},"title":"Big UK lenders cut fixed mortgage deals in sign rates may be close to peaking","date":"July 28, 2023","format":false,"excerpt":"\r Moves by Nationwide, HSBC and TSB come after fall in inflation eases fears over future interest rate risesBusiness live updates \u2013 latest newsSeveral big lenders including Nationwide, HSBC and TSB have cut rates on their fixed mortgage deals in a sign that home loan costs may be close to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":110443,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-to-lend-an-extra-35bn-to-homebuyers\/","url_meta":{"origin":139022,"position":5},"title":"HSBC to lend an extra \u00a335bn to homebuyers","date":"September 2, 2019","format":false,"excerpt":"\r Battle between lenders intensifies as bank seeks bigger share of mortgage market\u2022HSBC\u2019s \u00a335bn mortgage push is good for borrowers, but it\u2019s riskyHSBC is to lend an extra \u00a335bn to homeowners, further intensifying the battle among mortgage lenders to offer ultra-competitive deals to customers.The bank, which began its drive to\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\/139022"}],"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=139022"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139022\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139022"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139022"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139022"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}