{"id":140230,"date":"2023-11-10T00:09:00","date_gmt":"2023-11-09T17:09:00","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sharp-rise-in-landlords-and-homeowners-in-mortgage-arrears-data-shows\/"},"modified":"2023-11-10T00:21:14","modified_gmt":"2023-11-09T17:21:14","slug":"sharp-rise-in-landlords-and-homeowners-in-mortgage-arrears-data-shows","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sharp-rise-in-landlords-and-homeowners-in-mortgage-arrears-data-shows\/","title":{"rendered":"Sharp rise in landlords and homeowners in mortgage arrears, data shows"},"content":{"rendered":"<p>&#013;<br \/>\nNumber of buy to let mortgages in arrears doubles in a year as amateur landlords struggle with interest rate risesBusiness live \u2013 latest updatesThe number of buy to let mortgages in arrears has doubled in a year while the number of homeowners falling behind on payments has also jumped, prompting warnings that the sharp rise \u201cshould be ringing alarm bells in Downing Street\u201d.Two sets of official data underlined how 14 consecutive interest rate increases, on top of broader cost of living pressures, have piled the pain on many households, with landlords in particular struggling. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2023\/nov\/09\/sharp-rise-in-landlords-and-homeowners-in-mortgage-arrears-data-shows\" target=\"_blank\" rel=\"noopener\">Sharp rise in landlords and homeowners in mortgage arrears, data shows<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Number of buy to let mortgages in arrears doubles in a year as amateur landlords&#46;&#46;&#46;<\/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-140230","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-AtM","jetpack-related-posts":[{"id":139152,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-meltdown-looms-amid-terrifying-growth-in-arrears\/","url_meta":{"origin":140230,"position":0},"title":"UK \u2018mortgage meltdown\u2019 looms amid \u2018terrifying\u2019 growth in arrears","date":"September 12, 2023","format":false,"excerpt":"\r Jump in borrowers unable to make payments with landlords particularly hit and \u2018worse to come\u2019 Analysis: will the Bank listen to business and halt rate rises?Mortgage arrears jumped by 13% in the second quarter of the year to the highest level since 2016, according to Bank of England figures\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139158,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-tell-us-if-you-got-into-mortgage-arrears-recently\/","url_meta":{"origin":140230,"position":1},"title":"UK homeowners: tell us if you got into mortgage arrears recently","date":"September 13, 2023","format":false,"excerpt":"\r We\u2019d like to hear from homeowners who have fallen behind with their mortgage repayments in recent monthsMortgage arrears jumped by 13% in the second quarter of the year to the highest level since 2016, according to Bank of England figures, as rising interest rates and unemployment over recent months\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":118323,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-retail-stand-off-turns-nasty-with-landlords-suing-tenants-to-recover-arrears-as-recession-deepens\/","url_meta":{"origin":140230,"position":2},"title":"Hong Kong retail stand-off turns nasty with landlords suing tenants to recover arrears as recession deepens","date":"August 21, 2020","format":false,"excerpt":"\r The months-long stand-off between Hong Kong\u2019s commercial landlords and retailers is taking a turn for the worse, as a third wave of coronavirus outbreak amid the city\u2019s worst recession crimped retail sales, pushing many businesses to the brink of bankruptcy.Harbour City, one of Hong Kong\u2019s best-known luxury shopping centres\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140026,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/every-night-is-sleepless-the-people-falling-behind-on-mortgage-repayments\/","url_meta":{"origin":140230,"position":3},"title":"\u2018Every night is sleepless\u2019: the people falling behind on mortgage repayments","date":"October 26, 2023","format":false,"excerpt":"\r With interest rates still high and mortgage arrears at highest levels since 2016, we hear from three people struggling to payWith mortgage borrowers reeling from 14 consecutive Bank of England base rate rises, the number of households falling behind on payments is rising. Mortgage arrears jumped 13% in the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":73215,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/universal-credit-changes-wont-help-anyone-feel-more-secure-about-renting-giles-peaker\/","url_meta":{"origin":140230,"position":4},"title":"Universal credit changes won&#039;t help anyone feel more secure about renting | Giles Peaker","date":"November 29, 2017","format":false,"excerpt":"\r Government changes to the controversial benefit are a sticking plaster, rather than an answer to the problems of rent arrears and evictions Pressure has been building for months on the government over the continued rollout of universal credit. Significant problems have been reported over claimants not being paid for\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140224,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-deal-falls-below-5-in-watershed-moment-for-uk-homeowners\/","url_meta":{"origin":140230,"position":5},"title":"New mortgage deal falls below 5% in \u2018watershed moment\u2019 for UK homeowners","date":"November 9, 2023","format":false,"excerpt":"\r Nationwide\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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140230"}],"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=140230"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/140230\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=140230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=140230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=140230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}