{"id":144405,"date":"2024-05-17T00:38:48","date_gmt":"2024-05-16T17:38:48","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-uk-banks-announce-cuts-to-cost-of-fixed-rate-mortgages\/"},"modified":"2024-05-17T00:49:04","modified_gmt":"2024-05-16T17:49:04","slug":"three-uk-banks-announce-cuts-to-cost-of-fixed-rate-mortgages","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/three-uk-banks-announce-cuts-to-cost-of-fixed-rate-mortgages\/","title":{"rendered":"Three UK banks announce cuts to cost of fixed-rate mortgages"},"content":{"rendered":"<p>&#013;<br \/>\nBarclays Bank, HSBC and TSB reveal reductions, reversing some of  price rises seen in recent weeksThree UK banks have announced cuts to the cost of fixed-rate mortgages, reversing some of the price rises seen in recent weeks.Barclays Bank has announced it will reduce the price of five-year fixed-rate deals for new borrowers and remortgagers by up to 0.45 percentage points from Friday. Its five-year fixed-rate for borrowers with a 40% deposit is decreasing from 4.47% to 4.34%. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/article\/2024\/may\/16\/three-uk-banks-announce-cuts-to-cost-of-fixed-rate-mortgages\" target=\"_blank\" rel=\"noopener\">Three UK banks announce cuts to cost of fixed-rate mortgages<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Barclays Bank, HSBC and TSB reveal reductions, reversing some of price rises seen in recent&#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-144405","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-Bz7","jetpack-related-posts":[{"id":21412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fixed-rate-mortgages-at-new-low-even-for-borrowers-with-a-small-deposit\/","url_meta":{"origin":144405,"position":0},"title":"Fixed-rate mortgages at new low, even for borrowers with a small deposit","date":"February 6, 2015","format":false,"excerpt":"\r First Direct and Barclays slug it out as Bank of England holds base rate at 0.5%Interest rates on fixed-rate mortgages have fallen to new lows, with First Direct and Barclays engaged in a price war that is pushing the cost down even for those with relatively small deposits.The cuts\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143379,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/imf-warns-boe-over-keeping-uk-interest-rates-high-due-to-fixed-rate-mortgages\/","url_meta":{"origin":144405,"position":1},"title":"IMF warns BoE over keeping UK interest rates high due to fixed-rate mortgages","date":"April 8, 2024","format":false,"excerpt":"\r Risk of declining consumption, house price falls and defaults as tighter policy finally has impactBusiness live \u2013 latest updatesThe high proportion of UK homeowners on fixed-rate mortgages means the Bank of England should be wary of keeping interest rates too high for too long, the International Monetary Fund has\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-nearly-800-deals-pulled-amid-interest-rate-fears\/","url_meta":{"origin":144405,"position":2},"title":"UK mortgages: nearly 800 deals pulled amid interest rate fears","date":"May 30, 2023","format":false,"excerpt":"\r Rates rising for new fixed-term home loans, figures from Moneyfacts showNearly 800 residential and buy-to-let mortgage deals have been pulled during the past few days by UK banks and building societies amid concern surrounding future interest rate rises, data has revealed.The figures from the financial data provider Moneyfacts also\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138079,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-and-five-year-fixed-rate-mortgages-in-uk-at-highest-level-for-seven-months\/","url_meta":{"origin":144405,"position":3},"title":"Two and five-year fixed-rate mortgages in UK at highest level for seven months","date":"June 26, 2023","format":false,"excerpt":"\r Data from Moneyfacts shows average cost of two-year deal now at 6.23% with five-year at 5.86%The average price of two and five-year fixed-rate mortgages in the UK has hit its highest level for seven months, putting further pressure on borrowers who are reaching the end of their deals.Data from\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":144405,"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":26682,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/base-rate-cut-could-lead-to-uk-mortgages-at-less-than-1-interest\/","url_meta":{"origin":144405,"position":5},"title":"Base-rate cut could lead to UK mortgages at less than 1% interest","date":"September 21, 2016","format":false,"excerpt":"\r City firm predicts that super-cheap home loans will be offered as a result of competition between lenders to attract new businessThe fixed interest rate of mortgages could fall to less than 1% next year if the Bank of England cuts the base rate again, in a move that would\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\/144405"}],"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=144405"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/144405\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=144405"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=144405"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=144405"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}