{"id":140224,"date":"2023-11-09T17:32:11","date_gmt":"2023-11-09T10:32:11","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-deal-falls-below-5-in-watershed-moment-for-uk-homeowners\/"},"modified":"2023-11-09T17:54:35","modified_gmt":"2023-11-09T10:54:35","slug":"new-mortgage-deal-falls-below-5-in-watershed-moment-for-uk-homeowners","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-deal-falls-below-5-in-watershed-moment-for-uk-homeowners\/","title":{"rendered":"New mortgage deal falls below 5% in \u2018watershed moment\u2019 for UK homeowners"},"content":{"rendered":"


\nNationwide\u2019s two-year fixed rate deal offered at 4.99% as lenders jostle for customersBusiness live \u2013 UK mortgage arrears rise as high rates hit borrowers A two-year fixed-rate mortgage priced at below 5% has gone on sale for the first time since early summer as leading lenders jostle to attract more customers.Mortgage brokers called Nationwide\u2019s decision to launch the fixed deal, priced at 4.99%, a \u201cwatershed moment\u201d that would give the property market a \u201cshot in the arm\u201d, as well as offering borrowers hope that things were heading in the right direction. Continue reading…
\n
\nSource : theguardian.com
\nRead more…New mortgage deal falls below 5% in \u2018watershed moment\u2019 for UK homeowners<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Nationwide\u2019s two-year fixed rate deal offered at 4.99% as lenders jostle for customersBusiness live \u2013...<\/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-140224","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-AtG","jetpack-related-posts":[{"id":139176,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-war-under-way-as-lender-offers-4-99-fixed-rate\/","url_meta":{"origin":140224,"position":0},"title":"UK mortgage war \u2018under way\u2019 as lender offers 4.99% fixed rate","date":"September 14, 2023","format":false,"excerpt":"\r Brokers say borrower confidence likely to lift after the first below 5% deal surfaces since June with more offers likely soonA fixed-rate mortgage priced at below 5% has gone on sale for the first time since June as leading lenders announced a fresh wave of home loan reductions.Brokers said\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146498,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fixed-rate-mortgages-below-4-back-on-sale\/","url_meta":{"origin":140224,"position":1},"title":"Fixed-rate mortgages below 4% back on sale","date":"July 24, 2024","format":false,"excerpt":"\r Brokers hope Nationwide\u2019s mortgage deal is sign of \u2018summer of savings\u2019 for homebuyersFixed-rate mortgages priced below 4% are back on sale for homebuyers for the first time since February, with brokers hoping it is \u201ca sign of things to come\u201d.Nationwide Building Society said on Wednesday it would be cutting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-face-19bn-rise-in-mortgage-costs-as-fixed-rate-deals-expire\/","url_meta":{"origin":140224,"position":2},"title":"Homeowners face \u00a319bn rise in mortgage costs as fixed-rate deals expire","date":"January 4, 2024","format":false,"excerpt":"\r As many as 1.5m households are expected to face a mortgage payment hike this year as their fixed-rate deals come to an end\u2018Sleepless nights\u2019: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a \u00a319bn surge in mortgage costs as millions more fixed-rate deals expire and borrowers are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-and-first-time-buyers-warned-to-brace-for-5-plus-mortgage-rates\/","url_meta":{"origin":140224,"position":3},"title":"UK homeowners and first-time buyers warned to brace for 5%-plus mortgage rates","date":"May 25, 2023","format":false,"excerpt":"\r Lenders forced to raise fixed-term deals after latest inflation figure pushed swap rates upwardsHouseholds looking for a new mortgage deal have been warned to expect 5%-plus fixed-rate deals in the coming weeks, after Wednesday\u2019s inflation figures sent the money markets back into turmoil.Nick Mendes, mortgage technical manager at brokers\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143855,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/leading-uk-lenders-raise-fixed-rate-mortgage-deals-amid-market-uncertainty\/","url_meta":{"origin":140224,"position":4},"title":"Leading UK lenders raise fixed-rate mortgage deals amid \u2018market uncertainty\u2019","date":"April 23, 2024","format":false,"excerpt":"\r Borrowers urged not to panic as banks including Barclays, NatWest and HSBC readjust cost of loansAt least five leading lenders increased rates on their fixed mortgage deals on Tuesday in response to \u201cmarket uncertainty\u201d, adding to pressure on homebuyers and those looking to remortgage.Barclays, HSBC, NatWest, Accord Mortgages (part\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":147162,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-first-time-buyers-would-you-borrow-up-to-six-times-your-earnings-for-a-mortgage\/","url_meta":{"origin":140224,"position":5},"title":"UK first-time buyers: would you borrow up to six times your earnings for a mortgage?","date":"September 24, 2024","format":false,"excerpt":"\r We would like to hear what you think of Nationwide\u2019s offer to first-time buyers taking out a home loanIn what is a first for a major high street lender, Nationwide, Britain\u2019s biggest building society, is allowing first-time buyers to borrow up to six times their income.From Tuesday, it would\u2026","rel":"","context":"In "Property 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