{"id":160707,"date":"2025-09-09T17:00:53","date_gmt":"2025-09-09T10:00:53","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shock-in-store-for-350000-uk-households-on-low-interest-fixed-rate-mortgages\/"},"modified":"2025-09-09T19:03:45","modified_gmt":"2025-09-09T12:03:45","slug":"shock-in-store-for-350000-uk-households-on-low-interest-fixed-rate-mortgages","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shock-in-store-for-350000-uk-households-on-low-interest-fixed-rate-mortgages\/","title":{"rendered":"\u2018Shock\u2019 in store for 350,000 UK households on low-interest fixed-rate mortgages"},"content":{"rendered":"


\nThose on typical \u00a3200,000 mortgages taken out between October 2020 and February 2023 may see costs jump by \u00a33,996 a year this winterMore than 350,000 households who locked in to low-interest fixed-rate mortgages five years ago are expected to see their costs jump this winter as they reach the end of their deals.Analysis by the bill management app Nous found almost half of mortgages taken out between October 2020 \u2013 as the housing market revived after an initial Covid shock \u2013 and February 2023 were five-year fixed-rate deals. Continue reading…
\n
\nSource : theguardian.com
\nRead more…\u2018Shock\u2019 in store for 350,000 UK households on low-interest fixed-rate mortgages<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Those on typical \u00a3200,000 mortgages taken out between October 2020 and February 2023 may see...<\/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-160707","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-FO3","jetpack-related-posts":[{"id":110385,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-15-year-fixed-rate-mortgages-a-price-worth-paying-for-security\/","url_meta":{"origin":160707,"position":0},"title":"Are 15-year fixed-rate mortgages a price worth paying for security?","date":"September 1, 2019","format":false,"excerpt":"\r They last appeared during the financial crisis and as turbulence again looms, they\u2019re backWith the value of sterling a fraction of what it was three years ago, the threat of post-Brexit food shortages and the prospect of a recession looming, British households could be forgiven for seeking some sense\u2026","rel":"","context":"In "Property News"","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":160707,"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 "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ten-year-fixed-rate-uk-mortgages-are-now-incredible-value\/","url_meta":{"origin":160707,"position":2},"title":"Ten-year fixed-rate UK mortgages \u2018are now incredible value\u2019","date":"June 18, 2022","format":false,"excerpt":"\r As rates on shorter-term loans increase, longer-term deals look more attractiveLocking into a 10-year fixed-rate mortgage used to come at a considerable cost but as interest rates on shorter-term home loans have edged up, the price of a decade\u2019s worth of certainty has fallen.This week the best two-year fixed-rate\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170706,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-nationwide-and-coventry-raise-rates-on-fixed-mortgages-amid-middle-east-crisis\/","url_meta":{"origin":160707,"position":3},"title":"HSBC, Nationwide and Coventry raise rates on fixed mortgages amid Middle East crisis","date":"March 5, 2026","format":false,"excerpt":"\r Experts say Iran war could cause energy price shock that pushes up UK inflation, in turn forcing up interest ratesHSBC, Nationwide and Coventry building societies are the first big UK lenders to announce an increase in rates on their fixed mortgage deals as a result of the Middle East\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137410,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-face-huge-rise-in-payments-when-fixed-rate-mortgages-expire\/","url_meta":{"origin":160707,"position":4},"title":"UK homeowners face huge rise in payments when fixed-rate mortgages expire","date":"June 17, 2023","format":false,"excerpt":"\r More than 2.4m deals are ending in 2024, raising fears of financial timebombMore than a quarter of UK homeowners on a fixed-rate mortgage are heading for sharp increase in monthly payments before the next election, in a financial timebomb that will rock the Conservatives just as voters prepare to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-extends-pilot-fixed-rate-mortgages-scheme-by-a-year-lowers-interest-rates-to-combat-pandemic-fallout\/","url_meta":{"origin":160707,"position":5},"title":"Hong Kong extends pilot fixed-rate mortgages scheme by a year, lowers interest rates to combat pandemic fallout","date":"November 2, 2020","format":false,"excerpt":"\r The Hong Kong Mortgage Corporation (HKMC) has extended a pilot scheme for fixed-rate mortgages by a year, and said interest rates will also be lowered further, as the city faces rising unemployment and a recession amid the coronavirus pandemic.The application period for the Fixed-rate Mortgage Pilot Scheme has been\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\/160707"}],"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=160707"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160707\/revisions"}],"predecessor-version":[{"id":160708,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/160707\/revisions\/160708"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=160707"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=160707"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=160707"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}