{"id":148016,"date":"2024-11-06T19:37:43","date_gmt":"2024-11-06T12:37:43","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brits-brace-for-higher-mortgage-payments-despite-bank-of-england-seen-cutting-rates\/"},"modified":"2024-11-06T19:50:27","modified_gmt":"2024-11-06T12:50:27","slug":"brits-brace-for-higher-mortgage-payments-despite-bank-of-england-seen-cutting-rates","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brits-brace-for-higher-mortgage-payments-despite-bank-of-england-seen-cutting-rates\/","title":{"rendered":"Brits brace for higher mortgage payments despite Bank of England seen cutting rates"},"content":{"rendered":"<p>&#013;<br \/>\nBritons are facing the prospect of higher mortgages for longer even as the Bank of England readies to cut rates on Thursday.&#013;<br \/>\n&#013;<br \/>\nSource : cnbc.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.cnbc.com\/2024\/11\/06\/bank-of-england-budget-could-delay-rate-cuts-keep-mortgages-higher.html\" target=\"_blank\" rel=\"noopener\">Brits brace for higher mortgage payments despite Bank of England seen cutting rates<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Britons are facing the prospect of higher mortgages for longer even as the Bank of&#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-148016","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-Cvm","jetpack-related-posts":[{"id":146779,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/brits-snap-up-lower-mortgage-deals-as-bank-of-england-rate-cut-boosts-property-market\/","url_meta":{"origin":148016,"position":0},"title":"Brits snap up lower mortgage deals as Bank of England rate cut boosts property market","date":"August 20, 2024","format":false,"excerpt":"\r Britain's\u00a0biggest high street lenders are continuing to slash borrowing costs after the Bank of England's first\u00a0interest rate cut in four year sparked a boom in homebuyer activity.\r \r Source : cnbc.com\r Read more...Brits snap up lower mortgage deals as Bank of England rate cut boosts property market","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171278,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/iran-war-may-cause-higher-mortgage-payments-for-extra-million-uk-households-says-bank-of-england\/","url_meta":{"origin":148016,"position":1},"title":"Iran war may cause higher mortgage payments for extra million UK households, says Bank of England","date":"April 1, 2026","format":false,"excerpt":"\r Financial policy committee makes warning over \u2018Trumpflation\u2019 increases, as average two-year fixed rate hits 5.84%Business live \u2013 latest updatesThe US-Israel war on Iran could end up increasing monthly mortgage payments for more than one million more UK households, the Bank of England has warned, adding that the conflict had\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122585,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lending-strengthens-despite-bank-of-england-base-rate-warning\/","url_meta":{"origin":148016,"position":2},"title":"Mortgage lending strengthens despite Bank of England base rate warning","date":"October 14, 2021","format":false,"excerpt":"\r Mortgage lenders continuing to offer lower interest rates amid price war sparked by stamp duty tax cutA mortgage price war that has brought the cost of monthly payments down over the last year is expected to continue until at least next month despite warnings that lenders\u2019 profit margins could\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137382,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-mortgage-rate-for-two-year-fixed-deal-edges-closer-to-6\/","url_meta":{"origin":148016,"position":3},"title":"Average mortgage rate for two-year fixed deal edges closer to 6%","date":"June 15, 2023","format":false,"excerpt":"\r Nationwide is latest lender to lift cost of deals as borrowers brace for 13th successive Bank of England interest rate riseThe average rate on a new two-year fixed mortgage has edged closer to the 6% threshold, as Nationwide became the latest big lender to push through a significant increase\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127357,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/removal-of-mortgage-stress-test-will-not-result-in-free-for-all\/","url_meta":{"origin":148016,"position":4},"title":"Removal of mortgage stress test \u2018will not result in free-for-all\u2019","date":"June 25, 2022","format":false,"excerpt":"\r While Bank of England decision may help first-time buyers, experts say there will still be restrictionsFirst-time buyers may get a boost from this week\u2019s announcement that the Bank of England will no longer expect lenders to check if they can afford mortgage payments at higher interest rates \u2013 but\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74260,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-barely-budge-despite-bank-of-england-hike\/","url_meta":{"origin":148016,"position":5},"title":"Mortgage rates barely budge despite Bank of England hike\u00a0","date":"December 11, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Mortgage rates barely budge despite Bank of England hike\u00a0","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\/148016"}],"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=148016"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148016\/revisions"}],"predecessor-version":[{"id":148017,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/148016\/revisions\/148017"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=148016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=148016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=148016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}