{"id":141708,"date":"2024-01-21T20:24:35","date_gmt":"2024-01-21T13:24:35","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ministers-99-mortgage-idea-could-overheat-uk-housing-market-say-experts\/"},"modified":"2024-01-21T21:18:39","modified_gmt":"2024-01-21T14:18:39","slug":"ministers-99-mortgage-idea-could-overheat-uk-housing-market-say-experts","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ministers-99-mortgage-idea-could-overheat-uk-housing-market-say-experts\/","title":{"rendered":"Ministers\u2019 99% mortgage idea could overheat UK housing market, say experts"},"content":{"rendered":"<p>&#013;<br \/>\nScheme to support first-time buyers that would appeal to young voters reportedly being considered by No 10Ministers could be at risk of fuelling a fresh house-price bubble, according to industry experts who have warned about a potential \u201c99% mortgages\u201d scheme for first-time buyers that would appeal to young voters before the next election.The scheme, which is reportedly being considered by the prime minister, Rishi Sunak, and the chancellor, Jeremy Hunt, before the spring budget on 6 March, would only require borrowers to put down a 1% deposit towards their first home. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/business\/2024\/jan\/21\/99-per-cent-mortgage-scheme-uk-housing-market-ministers\" target=\"_blank\" rel=\"noopener\">Ministers\u2019 99% mortgage idea could overheat UK housing market, say experts<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Scheme to support first-time buyers that would appeal to young voters reportedly being considered by&#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-141708","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-ARC","jetpack-related-posts":[{"id":111800,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/concerns-raised-hk-housing-reforms-could-overheat-market\/","url_meta":{"origin":141708,"position":0},"title":"Concerns raised HK housing reforms could overheat market","date":"October 22, 2019","format":false,"excerpt":"\r Government eases restrictions for first-time buyers and plans land seizures\r \r Source : ft.com\r Read more...Concerns raised HK housing reforms could overheat market","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133071,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/government-extends-generation-buy-mortgage-guarantee\/","url_meta":{"origin":141708,"position":1},"title":"Government extends \u2018generation buy\u2019 mortgage guarantee","date":"December 20, 2022","format":false,"excerpt":"\r Scheme to help first-time buyers on to property ladder has been used by more than 24,000 households across UKThe government is extending the mortgage guarantee scheme, which helps buyers with small deposits get on the property ladder as higher borrowing costs threaten to put the brakes on the UK\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140877,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/number-of-uk-first-time-buyers-in-2023-was-lowest-in-a-decade\/","url_meta":{"origin":141708,"position":2},"title":"Number of UK first-time buyers in 2023 was lowest in a decade","date":"January 2, 2024","format":false,"excerpt":"\r Figure estimated to be down by a fifth, as rising interest rates and high house prices had impactWhat will happen to house prices and mortgages in 2024?Top 10 hotspots in Great Britain experts say are in demandThe number of first-time buyers who bought a home with a mortgage fell\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140863,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-property-market-what-will-happen-to-house-prices-and-mortgage-rates-in-2024\/","url_meta":{"origin":141708,"position":3},"title":"UK property market: what will happen to house prices and mortgage rates in 2024?","date":"December 30, 2023","format":false,"excerpt":"\r Whether you are a first-time buyer or remortaging, we look at what the new year could bringIt has been a rollercoaster year in the mortgage world, with rates moving up and down with each new piece of economic data. The housing market has been bumpy, too. In September, prices\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137313,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-pulls-some-uk-mortgage-deals-as-fears-of-rising-rates-hits-home-buyers-once-more\/","url_meta":{"origin":141708,"position":4},"title":"HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","date":"June 9, 2023","format":false,"excerpt":"\r Analysts expect mortgage rates to soar and housing prices to plummet in the U.K., as the effect of higher interest rates ripples through the British housing market.\r \r Source : cnbc.com\r Read more...HSBC pulls some UK mortgage deals as fears of rising rates hits home buyers once more","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":155342,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-guarantee-scheme-due-to-end-with-no-news-on-replacement\/","url_meta":{"origin":141708,"position":5},"title":"UK mortgage guarantee scheme due to end with no news on replacement","date":"June 7, 2025","format":false,"excerpt":"\r More than 53,000 mortgages have been completed using scheme, which encourages lenders to offer up to 95% loansA government scheme to encourage UK lenders to offer 95% mortgages is scheduled to end this month, with no word yet on when its replacement will be launched.The mortgage guarantee scheme went\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\/141708"}],"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=141708"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/141708\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=141708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=141708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=141708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}