{"id":142744,"date":"2024-02-24T14:00:21","date_gmt":"2024-02-24T07:00:21","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lender-trials-ban-on-new-holiday-let-mortgages-for-tourist-hotspots\/"},"modified":"2024-02-24T14:08:39","modified_gmt":"2024-02-24T07:08:39","slug":"uk-lender-trials-ban-on-new-holiday-let-mortgages-for-tourist-hotspots","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lender-trials-ban-on-new-holiday-let-mortgages-for-tourist-hotspots\/","title":{"rendered":"UK lender trials ban on new holiday let mortgages for tourist hotspots"},"content":{"rendered":"<p>&#013;<br \/>\nLeeds building society believes it is the first to restrict new lending for holiday homes in Norfolk and YorkshireA leading building society trialling a ban on new holiday-let mortgages in some popular tourist destinations.Campaigners say the move by Leeds building society could improve the situation for local residents currently struggling to buy or rent in parts of Norfolk and Yorkshire that have seen a surge in the number of properties turned into holiday rentals. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2024\/feb\/24\/trial-ban-holiday-let-mortgages-tourist-destinations-leeds-building-society\" target=\"_blank\" rel=\"noopener\">UK lender trials ban on new holiday let mortgages for tourist hotspots<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Leeds building society believes it is the first to restrict new lending for holiday homes&#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-142744","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-B8k","jetpack-related-posts":[{"id":137246,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/holiday-lets-nearly-negate-supply-of-new-homes-in-tourist-areas-study-shows\/","url_meta":{"origin":142744,"position":0},"title":"Holiday lets nearly negate supply of new homes in tourist areas, study shows","date":"June 4, 2023","format":false,"excerpt":"\r Campaigners say second homes and holiday lets are taking homes away from residents in hotspots such as Devon and CumbriaThe supply of new homes in some tourist hotspots is being almost completely negated by the rise of second homes and holiday lets, analysis has revealed.In the Copeland area of\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19876,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/european-holiday-hotspots-cheaper-now-compared-with-two-years-ago\/","url_meta":{"origin":142744,"position":1},"title":"European holiday hotspots cheaper now compared with two years ago","date":"July 16, 2016","format":false,"excerpt":"\r Despite Brexit fears, Post Office survey finds visitors to Bulgaria, Portugal and Spain will spend less on meals and drinks than they would have in 2014If you\u2019d given up on the prospect of a cheap European holiday following the Brexit vote, you can think again. A survey of European\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121851,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-demand-for-rental-home-mortgages-surges-amid-domestic-holiday-boom\/","url_meta":{"origin":142744,"position":2},"title":"UK demand for rental home mortgages surges amid domestic holiday boom","date":"September 6, 2021","format":false,"excerpt":"\r Number of \u2018holiday let\u2019 mortgage deals on the market more than doubles in a yearThe boom in domestic holidays has fuelled a surge in demand for mortgages for UK holiday rental homes as landlords and investors cash in on people taking breaks in Britain.The number of \u201choliday let\u201d mortgage\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117864,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-still-in-lockdown-despite-stamp-duty-holiday\/","url_meta":{"origin":142744,"position":3},"title":"Mortgages still in lockdown despite stamp-duty holiday","date":"July 19, 2020","format":false,"excerpt":"\r Low-deposit home loans are coming back \u2026 but choices are limited and lenders are applying new terms and conditionsThese are difficult times for anyone who wants to buy a home. Despite the government\u2019s attempt to reinvigorate the market with a temporary stamp-duty holiday on properties costing up to \u00a3500,000\u2026","rel":"","context":"In &quot;Property News&quot;","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":142744,"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":142254,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lender-offers-long-term-mortgages-that-cut-rates-over-time\/","url_meta":{"origin":142744,"position":5},"title":"UK lender offers long-term mortgages that cut rates over time","date":"February 8, 2024","format":false,"excerpt":"\r April Mortgages\u2019 Dutch-style loans attract attention but are currently only for remortgagingA new lender is offering Dutch-style longer-term fixed mortgages where the interest rate comes down as the home loan is paid off.April Mortgages is currently only open to people who are remortgaging but plans to offer loans for\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\/142744"}],"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=142744"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/142744\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=142744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=142744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=142744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}