{"id":40555,"date":"2017-01-13T14:00:11","date_gmt":"2017-01-13T07:00:11","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/sharp-rise-in-first-time-buyers-taking-mortgages-lasting-at-least-30-years\/"},"modified":"2017-01-13T14:08:48","modified_gmt":"2017-01-13T07:08:48","slug":"sharp-rise-in-first-time-buyers-taking-mortgages-lasting-at-least-30-years","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sharp-rise-in-first-time-buyers-taking-mortgages-lasting-at-least-30-years\/","title":{"rendered":"Sharp rise in first-time buyers taking mortgages lasting at least 30 years"},"content":{"rendered":"


\nHalifax figures may herald death of 25-year mortgage, revealing that 28% of first-timers chose 30- or 35-year mortgage terms in 2016, up from 11% in 2006The traditional 25-year mortgage could be on the way out, with growing numbers of first-time buyers opting for deals lasting 30 or 35 years \u2013 suggesting that many will still be burdened with home loan debt in their 60s and 70s. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Sharp rise in first-time buyers taking mortgages lasting at least 30 years<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Halifax figures may herald death of 25-year mortgage, revealing that 28% of first-timers chose 30-...<\/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-40555","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-ay7","jetpack-related-posts":[{"id":62182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/goodbye-25-year-mortgages-but-are-we-walking-into-a-borrowing-trap\/","url_meta":{"origin":40555,"position":0},"title":"Goodbye 25-year mortgages, but are we walking into a borrowing trap?","date":"July 29, 2017","format":false,"excerpt":"\r Taking out a deal lasting 35 years or more is becoming standard among younger buyersOne in six borrowers is taking out a mortgage lasting 35 years or more, official figures show \u2013 meaning many will still be paying off their loans well into their 70s.The data prompted one leading\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":102862,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/four-in-10-uk-first-time-buyers-will-retire-with-mortgages-fca-warns\/","url_meta":{"origin":40555,"position":1},"title":"Four in 10 UK first-time buyers will retire with mortgages, FCA warns","date":"January 11, 2019","format":false,"excerpt":"\r Loans lasting up to 40 years can leave buyers unable to save for pension, say regulatorsFirst-time buyers are taking out jumbo loans on longer terms that will leave four in 10 borrowers paying off their mortgage well into retirement, regulators have warned.The Financial Conduct Authority (FCA) found that 40%\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":136039,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/marathon-mortgages-of-up-to-40-years-on-rise-among-uk-first-time-buyers\/","url_meta":{"origin":40555,"position":2},"title":"Marathon mortgages of up to 40 years on rise among UK first-time buyers","date":"April 22, 2023","format":false,"excerpt":"\r More opt for longer loan deals and lower monthly payments as rents soar in cost of living crisisA standard mortgage used to run for 25 years but experts are reporting a growing trend for marathon loans spread over up to 40 years as first-time buyers and movers opt for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93733,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-on-the-rise-as-buy-to-let-mortgage-market-falls\/","url_meta":{"origin":40555,"position":3},"title":"First-time buyers on the rise as buy-to-let mortgage market falls","date":"July 13, 2018","format":false,"excerpt":"\r Number of new homeowners rose 8% in May as mortgages for landlords dropped 10%The number of first-time buyers rose in May while the number taking on new buy-to-let mortgages fell, in a sign that government policies and tax changes are rebalancing the housing market.There were 32,200 new mortgages completed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149471,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/boost-for-uk-borrowers-as-santander-fires-starting-gun-on-mortgage-price-war\/","url_meta":{"origin":40555,"position":4},"title":"Boost for UK borrowers as Santander \u2018fires starting gun\u2019 on mortgage price war","date":"February 12, 2025","format":false,"excerpt":"\r Bank to offer first two-year deal under 4% with rivals likely to follow suitThe first sub-4% mortgages for months are going on sale, handing a much-needed boost to first-time buyers and those worried about refinancing their home loan.Santander on Thursday will start offering fixed rate deals at 3.99% lasting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":26969,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/quarter-of-first-time-buyers-opt-for-35-year-mortgages-to-get-on-ladder\/","url_meta":{"origin":40555,"position":5},"title":"Quarter of first-time buyers opt for 35-year mortgages to get on ladder","date":"January 11, 2016","format":false,"excerpt":"\r Number of first-time buyers down 0.5% in 2015 to 310,000, with the average deposit rising above \u00a330,000 and mortgage terms getting longerThe number of first-time buyers in the UK housing market has fallen for the first time in four years, with the typical deposit required to buy a property\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\/40555"}],"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=40555"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/40555\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=40555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=40555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=40555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}