{"id":50071,"date":"2017-03-29T19:07:32","date_gmt":"2017-03-29T12:07:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-fall-as-uk-consumers-rely-on-credit-to-keep-spending\/"},"modified":"2017-03-29T19:20:54","modified_gmt":"2017-03-29T12:20:54","slug":"mortgage-approvals-fall-as-uk-consumers-rely-on-credit-to-keep-spending","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-fall-as-uk-consumers-rely-on-credit-to-keep-spending\/","title":{"rendered":"Mortgage approvals fall as UK consumers rely on credit to keep spending"},"content":{"rendered":"


\nBank of England figures for February show first fall in approvals in six months but credit card lending hits 11-year high Mortgage approvals fell for the first time in six months in February and consumers became more reliant on their credit cards to keep spending, according to the Bank of England.Approvals dipped 1.2% to 68,315 last month from 69,114 in January, the latest snapshot of lending from the central bank showed. This was lower than expected and the first fall since August, supporting other reports of a slowdown in the mortgage market. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Mortgage approvals fall as UK consumers rely on credit to keep spending<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Bank of England figures for February show first fall in approvals in six months but...<\/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-50071","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-d1B","jetpack-related-posts":[{"id":131852,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-for-october-fall-10-after-mini-budget\/","url_meta":{"origin":50071,"position":0},"title":"UK mortgage approvals for October fall 10% after mini-budget","date":"November 29, 2022","format":false,"excerpt":"\r Homebuyers face higher interest costs, as lending figures slump to lowest monthly total since June 2020The chaos in the mortgage market that followed Kwasi Kwarteng\u2019s now infamous mini-budget led to a 10% fall in the number of mortgage approvals during October.According to the latest figures from the Bank of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":32417,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-hit-three-month-high-says-bank-of-england\/","url_meta":{"origin":50071,"position":1},"title":"Mortgage approvals hit three-month high, says Bank of England","date":"October 31, 2016","format":false,"excerpt":"\r September figures suggest market picking up after EU referendum, though lending remains below levels at start of 2016The number of mortgages approved for house purchases bounced back and achieved a three-month high in September after falls in the summer, but lending remains below the levels recorded at the start\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":135686,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-rise-for-first-time-in-six-months\/","url_meta":{"origin":50071,"position":2},"title":"UK mortgage approvals rise for first time in six months","date":"March 29, 2023","format":false,"excerpt":"\r Collapse in demand for property may be bottoming out but no return to boom conditions, analysts sayMortgage approvals rose for the first time in six months in February amid signs that the collapse in demand for property seen last autumn might be bottoming out.Figures from the Bank of England\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78469,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-lending-falls-to-lowest-level-since-january-2015\/","url_meta":{"origin":50071,"position":3},"title":"UK mortgage lending falls to lowest level since January 2015","date":"January 30, 2018","format":false,"excerpt":"\r Report shows some London sellers are discounting their prices by as much as 10%Mortgage lending dropped in December to a near three-year low as appetite fell among buyers for expensive homes in London and the south-east.The Bank of England said mortgages for house purchases were the weakest since January\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":105405,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-close-in-on-six-year-low-amid-brexit-turmoil\/","url_meta":{"origin":50071,"position":4},"title":"UK mortgage approvals close in on six-year low amid Brexit turmoil","date":"March 26, 2019","format":false,"excerpt":"\r Lobby group data show consumers holding off from buying major items such as houses\r \r Source : ft.com\r Read more...UK mortgage approvals close in on six-year low amid Brexit turmoil","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140079,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-slump-before-interest-rates-decision\/","url_meta":{"origin":50071,"position":5},"title":"UK mortgage approvals slump before interest rates decision","date":"October 30, 2023","format":false,"excerpt":"\r Remortgaging at lowest level since January 1999 as borrowers face higher repaymentsUK mortgage approvals slumped in September amid mounting signs of stress in the property market, according to official figures before the Bank of England\u2019s next decision on interest rates on Thursday.Figures from the central bank showed net borrowing\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\/50071"}],"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=50071"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/50071\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=50071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=50071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=50071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}