{"id":35186,"date":"2016-11-21T19:39:56","date_gmt":"2016-11-21T12:39:56","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/fscs-protection-set-to-be-revised-back-up-to-85000\/"},"modified":"2016-11-21T19:43:17","modified_gmt":"2016-11-21T12:43:17","slug":"fscs-protection-set-to-be-revised-back-up-to-85000","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fscs-protection-set-to-be-revised-back-up-to-85000\/","title":{"rendered":"FSCS protection set to be revised back up to \u00a385,000"},"content":{"rendered":"<p>&#013;<br \/>\nThe Brexit referendum has caused a \u2018structural shift\u2019 in the pound-euro exchange rate, says the Bank of EnglandThe protection threshold on savings is set to be restored to \u00a385,000 following the collapse in the value of the pound prompted by the UK\u2019s decision to leave the EU.British banks and savings providers are currently obliged to offer protection to savers in line with that offered in the EU. Across the continent savers have \u20ac100,000 protected if a bank or building society goes bust, with UK customers being refunded by the Financial Services Compensation Scheme (FSCS).  Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2016\/nov\/21\/fscs-protection-revised-back-to-85000-bank-of-england-brexit\" target=\"_blank\">FSCS protection set to be revised back up to \u00a385,000<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; The Brexit referendum has caused a \u2018structural shift\u2019 in the pound-euro exchange rate, says the&#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-35186","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\/p75ss1-99w","jetpack-related-posts":[{"id":127538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-my-home-sale-proceeds-be-protected-in-my-bank-account\/","url_meta":{"origin":35186,"position":0},"title":"Will my home sale proceeds be protected in my bank account?","date":"July 4, 2022","format":false,"excerpt":"\r Conveyancer will only deposit funds into one account and I may need time to divvy it up elsewhereQ I wonder if you can help me. I will shortly receive the proceeds from the sale of a second home and am concerned that the funds will not be protected when\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":95,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/take-care-fscs-changes-mean-your-savings-arent-as-protected-as-they-were\/","url_meta":{"origin":35186,"position":1},"title":"Take care, FSCS changes mean your savings aren\u2019t as protected as they were","date":"January 2, 2016","format":false,"excerpt":"\r EU limits mean the compensation you receive if your bank crashes has been cut by \u00a310,000. You can take steps, but it\u2019s not that simpleIf you are fortunate enough to have quite a lot of cash stashed away in savings, your number one new year\u2019s resolution should be to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-should-we-do-with-the-money-we-will-have-left-after-paying-off-our-mortgage\/","url_meta":{"origin":35186,"position":2},"title":"What should we do with the money we will have left after paying off our mortgage?","date":"August 8, 2022","format":false,"excerpt":"\r We are selling our flat to move to a different city but I am scared of losing our assets in the event of a banking disasterQ My husband and I are selling our flat to move to a different city. We\u2019ve accepted an offer but there is nothing currently\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35188,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savings-protection-limit-set-to-be-hiked-back-to-85000-just-a-year-after-controversial-cut\/","url_meta":{"origin":35186,"position":3},"title":"Savings protection limit set to be hiked back to \u00a385,000, just a year after controversial cut\u00a0","date":"November 21, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Savings protection limit set to be hiked back to \u00a385,000, just a year after controversial cut\u00a0","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35666,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-the-autumn-statement-means-for-you-plus-black-friday-bargains\/","url_meta":{"origin":35186,"position":4},"title":"What the autumn statement means for you, plus Black Friday bargains","date":"November 24, 2016","format":false,"excerpt":"\r Also, savings protection to go up to \u00a385,000, and a chance to live the high life in a tower homeHello and welcome to this week\u2019s Money Talks \u2013 a roundup of the week\u2019s biggest stories and some things you may have missed. Continue reading...\r \r Source : theguardian.com\r Read\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30353,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/savers-suffer-as-banks-withdraw-more-than-100-savings-accounts\/","url_meta":{"origin":35186,"position":5},"title":"Savers suffer as banks withdraw more than 100 savings accounts","date":"October 17, 2016","format":false,"excerpt":"\r The number of available products is at its lowest level since 2007, following the Bank of England\u2019s August base rate cutMore than 100 savings accounts have been withdrawn from the market since the Bank of England cut interest rates in August, and the choice available to savers has hit\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\/35186"}],"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=35186"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35186\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=35186"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=35186"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=35186"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}