{"id":139400,"date":"2023-10-02T06:01:09","date_gmt":"2023-10-01T23:01:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-four-new-uk-homeowners-opt-for-marathon-mortgages-to-cut-payments\/"},"modified":"2023-10-02T06:19:17","modified_gmt":"2023-10-01T23:19:17","slug":"one-in-four-new-uk-homeowners-opt-for-marathon-mortgages-to-cut-payments","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-four-new-uk-homeowners-opt-for-marathon-mortgages-to-cut-payments\/","title":{"rendered":"One-in-four new UK homeowners opt for \u2018marathon mortgages\u2019 to cut payments"},"content":{"rendered":"


\nBuyers under 29 choosing at least 35-year repayment terms to bridge gap between rising living costs and high asking prices, says ExperianA quarter of young homeowners who have a new mortgage have opted to pay it back over 35 years or more in an attempt to make monthly payments more affordable, according to Experian.Analysis by the credit data company found that 25% of new homeowners aged 29 and under between January and March this year had opted for a repayment term of at least 35 years. Continue reading…
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\nSource : theguardian.com
\nRead more…One-in-four new UK homeowners opt for \u2018marathon mortgages\u2019 to cut payments<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Buyers under 29 choosing at least 35-year repayment terms to bridge gap between rising living...<\/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-139400","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-Ago","jetpack-related-posts":[{"id":136039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/marathon-mortgages-of-up-to-40-years-on-rise-among-uk-first-time-buyers\/","url_meta":{"origin":139400,"position":0},"title":"Marathon mortgages of up to 40 years on rise among UK first-time buyers","date":"April 22, 2023","format":false,"excerpt":"\r More opt for longer loan deals and lower monthly payments as rents soar in cost of living crisisA standard mortgage used to run for 25 years but experts are reporting a growing trend for marathon loans spread over up to 40 years as first-time buyers and movers opt for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-face-huge-rise-in-payments-when-fixed-rate-mortgages-expire\/","url_meta":{"origin":139400,"position":1},"title":"UK homeowners face huge rise in payments when fixed-rate mortgages expire","date":"June 17, 2023","format":false,"excerpt":"\r More than 2.4m deals are ending in 2024, raising fears of financial timebombMore than a quarter of UK homeowners on a fixed-rate mortgage are heading for sharp increase in monthly payments before the next election, in a financial timebomb that will rock the Conservatives just as voters prepare to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134467,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-disgruntled-homeowners-drive-wave-of-early-repayment-on-mortgages-threatening-beijings-consumption-drive\/","url_meta":{"origin":139400,"position":2},"title":"China\u2019s disgruntled homeowners drive \u2018wave of early repayment\u2019 on mortgages, threatening Beijing\u2019s consumption drive","date":"February 12, 2023","format":false,"excerpt":"\r Amid economic uncertainty and unease about property prices, homeowners in China are sensibly using savings to get ahead on their mortgages, a trend at odds with the national priority of spurring spending.\r \r Source : South China Morning Post\r Read more...China\u2019s disgruntled homeowners drive \u2018wave of early repayment\u2019 on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":82975,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-are-now-the-most-affordable-since-the-mid-1990s-says-halifax\/","url_meta":{"origin":139400,"position":3},"title":"Mortgages are now the most affordable since the mid-1990s, says Halifax","date":"March 17, 2018","format":false,"excerpt":"\r Research shows just 29% of UK homeowners\u2019 disposable income is being eaten up by home loan paymentsThe proportion of homeowners\u2019 income being swallowed up by mortgage payments is now one of the smallest since the mid-1990s, according to the Halifax. It said typical mortgage payments accounted for less than\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148321,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-payments-will-rise-for-half-of-uk-homeowners-over-next-three-years\/","url_meta":{"origin":139400,"position":4},"title":"Mortgage payments \u2018will rise for half of UK homeowners over next three years\u2019","date":"November 29, 2024","format":false,"excerpt":"\r Bank of England financial stability report says about 420,000 households will be hit by \u00a3500-a-month increasesBusiness live \u2013 latest updatesHalf of UK homeowners will see their mortgage payments rise over the next three years, leaving 4.4 million households facing extra pressure on their finances, the Bank of England has\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-bloodbath-the-uk-homeowners-on-variable-mortgages-fearing-another-rate-rise\/","url_meta":{"origin":139400,"position":5},"title":"\u2018It\u2019s a bloodbath\u2019: the UK homeowners on variable mortgages fearing another rate rise","date":"August 3, 2023","format":false,"excerpt":"\r With the cost of borrowing likely to rise again, we speak to some of the 1.4m people on variable rates dreading the latest decisionBank of England poised to raise UK interest rates to 5.25%\u201cIt\u2019s a bloodbath, that\u2019s the way I\u2019d like to describe it,\u201d says John*, a father of\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\/139400"}],"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=139400"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/139400\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=139400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=139400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=139400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}