{"id":140079,"date":"2023-10-30T20:08:02","date_gmt":"2023-10-30T13:08:02","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-slump-before-interest-rates-decision\/"},"modified":"2023-10-30T20:24:24","modified_gmt":"2023-10-30T13:24:24","slug":"uk-mortgage-approvals-slump-before-interest-rates-decision","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-slump-before-interest-rates-decision\/","title":{"rendered":"UK mortgage approvals slump before interest rates decision"},"content":{"rendered":"


\nRemortgaging 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 of mortgage debt decreased from \u00a31.1bn in August to a net repayment of \u00a3900m in September \u2013 the lowest since April this year. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK mortgage approvals slump before interest rates decision<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Remortgaging at lowest level since January 1999 as borrowers face higher repaymentsUK mortgage approvals slumped...<\/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-140079","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-Arl","jetpack-related-posts":[{"id":131852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-for-october-fall-10-after-mini-budget\/","url_meta":{"origin":140079,"position":0},"title":"UK mortgage approvals for October fall 10% after mini-budget","date":"November 29, 2022","format":false,"excerpt":"\r Homebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020The chaos in the mortgage market that followed Kwasi Kwarteng\u2019s now infamous mini-budget led to a 10% fall in the number of mortgage approvals during October.According to the latest figures from the Bank of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139380,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-hit-six-month-low-as-interest-rates-cool-market\/","url_meta":{"origin":140079,"position":1},"title":"UK mortgage approvals hit six-month low as interest rates cool market","date":"September 29, 2023","format":false,"excerpt":"\r Number of house sales also fell in August compared with a year earlier, says HMRCUK mortgage approvals fell in August to their lowest level in six months, as high interest rates cooled the housing market.The Bank of England said net mortgage approvals for house purchases fell from 49,500 in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":100464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-by-british-banks-fall-to-seven-month-low\/","url_meta":{"origin":140079,"position":2},"title":"Mortgage approvals by British banks fall to seven-month low","date":"October 24, 2018","format":false,"excerpt":"\r Housing market affected by affordability, Brexit and uncertainty over interest rates The number of mortgages approved by Britain\u2019s high street banks fell to a seven-month low in September, a month after the Bank of England raised interest rates.Big British lenders approved 37,352 mortgages for house purchases last month, down\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-market-contracts-for-fifth-month-after-liz-truss-mini-budget\/","url_meta":{"origin":140079,"position":3},"title":"UK mortgage market contracts for fifth month after Liz Truss mini-budget","date":"March 1, 2023","format":false,"excerpt":"\r Approvals at lowest since 2009 \u2013 bar during Covid lockdown \u2013 as demand for new homes continues to fallBritain\u2019s mortgage market has contracted for a fifth month in a row, official figures show, as the jump in interest rates that followed Liz Truss\u2019s September 2022 mini-budget continued to trigger\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138572,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-rise-despite-surge-in-borrowing-rates\/","url_meta":{"origin":140079,"position":4},"title":"UK mortgage approvals rise despite surge in borrowing rates","date":"July 31, 2023","format":false,"excerpt":"\r Surprise 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":140079,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140079"}],"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=140079"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140079\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140079"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140079"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140079"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}