{"id":146618,"date":"2024-08-02T17:48:47","date_gmt":"2024-08-02T10:48:47","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-slash-mortgages-as-bank-of-england-rate-cut-brings-relief-to-homeowners\/"},"modified":"2024-08-03T22:28:11","modified_gmt":"2024-08-03T15:28:11","slug":"uk-lenders-slash-mortgages-as-bank-of-england-rate-cut-brings-relief-to-homeowners","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-slash-mortgages-as-bank-of-england-rate-cut-brings-relief-to-homeowners\/","title":{"rendered":"UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners"},"content":{"rendered":"


\nUK lenders have begun slashing their mortgage rates in a sign that financial pressure on households may be easing after the Bank of England cut interest rates
\n
\nSource : cnbc.com
\nRead more…UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

UK lenders have begun slashing their mortgage rates in a sign that financial pressure on...<\/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-146618","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-C8O","jetpack-related-posts":[{"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":146618,"position":0},"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/1-5m-uk-homeowners-on-variable-rate-mortgages-face-new-borrowing-rise\/","url_meta":{"origin":146618,"position":1},"title":"1.5m UK homeowners on variable rate mortgages face new borrowing rise","date":"May 11, 2023","format":false,"excerpt":"\r Bank of England expected to push interest rates up to 4.5% to tackle high inflation rateAlmost 1.5 million homeowners with variable rate mortgages face higher borrowing costs with the Bank of England expected to push up interest rates on Thursday to 4.5%.A poll of City analysts found there was\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":146618,"position":2},"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":138614,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/its-a-bloodbath-the-uk-homeowners-on-variable-mortgages-fearing-another-rate-rise\/","url_meta":{"origin":146618,"position":3},"title":"\u2018It\u2019s a bloodbath\u2019: the UK homeowners on variable mortgages fearing another rate rise","date":"August 3, 2023","format":false,"excerpt":"\r With the cost of borrowing likely to rise again, we speak to some of the 1.4m people on variable rates dreading the latest decisionBank of England poised to raise UK interest rates to 5.25%\u201cIt\u2019s a bloodbath, that\u2019s the way I\u2019d like to describe it,\u201d says John*, a father of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140133,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-lenders-will-use-eye-catching-rates-to-compete-for-business\/","url_meta":{"origin":146618,"position":4},"title":"UK mortgage lenders will use eye-catching rates to compete for business","date":"November 2, 2023","format":false,"excerpt":"\r Offers for homeowners may look improved but deals are likely to come with larger product feesBank of England leaves interest rates at 5.25%Next move is likely down \u2013 analysisUK homeowners and buyers can expect a rash of mortgage deals with eye-catching rates but a sting in the tail from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":146600,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-have-you-struggled-to-pay-your-mortgage\/","url_meta":{"origin":146618,"position":5},"title":"UK homeowners: have you struggled to pay your mortgage?","date":"July 31, 2024","format":false,"excerpt":"\r We would like to hear from people in the UK who have found it difficult to manage their mortgageThe Bank of England has cut UK interest rates from 5.25% to 5%, the first reduction in over four years. The hope for UK homeowners will be that mortgage lenders will\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146618"}],"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=146618"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/146618\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=146618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=146618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=146618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}