{"id":139348,"date":"2023-09-28T06:01:11","date_gmt":"2023-09-27T23:01:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-payers-making-big-changes-to-meet-higher-payments-survey-finds\/"},"modified":"2023-09-28T06:09:16","modified_gmt":"2023-09-27T23:09:16","slug":"uk-mortgage-payers-making-big-changes-to-meet-higher-payments-survey-finds","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-payers-making-big-changes-to-meet-higher-payments-survey-finds\/","title":{"rendered":"UK mortgage payers making big changes to meet higher payments, survey finds"},"content":{"rendered":"


\nBritons 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 prospect of a sharp rise in payments once an existing deal has expired, more than 1,000 mortgage holders were asked this month by KPMG whether they had either already taken, or were considering taking, action to deal with this. Continue reading…
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\nSource : theguardian.com
\nRead more…UK mortgage payers making big changes to meet higher payments, survey finds<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Britons are raiding savings or cutting pension contributions, KPMG study findsMortgage holders are making big...<\/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-139348","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-Afy","jetpack-related-posts":[{"id":139022,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/third-of-uk-mortgage-holders-do-not-think-they-will-pay-it-off-by-65\/","url_meta":{"origin":139348,"position":0},"title":"Third of UK mortgage holders \u2018do not think they will pay it off by 65\u2019","date":"September 2, 2023","format":false,"excerpt":"\r Survey 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/i-failed-to-get-a-mortgage-because-of-my-pension-contributions\/","url_meta":{"origin":139348,"position":1},"title":"I failed to get a mortgage because of my pension contributions","date":"May 7, 2015","format":false,"excerpt":"\r Do all banks and building societies take pension contributions into account when deciding whether to approve a mortgage?Q I recently applied for a mortgage and passed the \u201cagreement in principle\u201d and valuation stages but was knocked back at the affordability check for the amount I needed. The reason? I\u2019m\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133607,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-payers-face-squeeze-in-2023-after-uk-interest-rate-rises\/","url_meta":{"origin":139348,"position":2},"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":148016,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brits-brace-for-higher-mortgage-payments-despite-bank-of-england-seen-cutting-rates\/","url_meta":{"origin":139348,"position":3},"title":"Brits brace for higher mortgage payments despite Bank of England seen cutting rates","date":"November 6, 2024","format":false,"excerpt":"\r Britons are facing the prospect of higher mortgages for longer even as the Bank of England readies to cut rates on Thursday.\r \r Source : cnbc.com\r Read more...Brits brace for higher mortgage payments despite Bank of England seen cutting rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":103150,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-stop-pension-contributions-to-get-a-bigger-mortgage\/","url_meta":{"origin":139348,"position":4},"title":"Should I stop pension contributions to get a bigger mortgage?","date":"January 21, 2019","format":false,"excerpt":"\r Most lenders appear to take these into account when deciding how much to lendQ I have a question based on the article you wrote in 2015. I am a deputy head teacher. My partner and I are having strong arguments over me stopping my pension, which I want to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138723,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-holders-share-your-experience-of-rising-costs\/","url_meta":{"origin":139348,"position":5},"title":"UK mortgage holders: share your experience of rising costs","date":"August 10, 2023","format":false,"excerpt":"\r We would like to hear from people who are struggling with their mortgage payments. Are you facing repossession of your home? Consecutive rises in mortgage rates and the ongoing cost of living crisis has placed a growing burden on UK households.There have been 13 consecutive increases in mortgage interest\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\/139348"}],"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=139348"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139348\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139348"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139348"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139348"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}