{"id":51620,"date":"2017-04-12T00:31:05","date_gmt":"2017-04-11T17:31:05","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loan-interest-rate-set-to-rise-by-a-third-after-uk-inflation-surge\/"},"modified":"2017-04-12T00:45:50","modified_gmt":"2017-04-11T17:45:50","slug":"student-loan-interest-rate-set-to-rise-by-a-third-after-uk-inflation-surge","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/student-loan-interest-rate-set-to-rise-by-a-third-after-uk-inflation-surge\/","title":{"rendered":"Student loan interest rate set to rise by a third after UK inflation surge"},"content":{"rendered":"


\nIncrease in inflation, driven by pound\u2019s Brexit slide, means students will pay more as others benefit from low borrowing ratesStudents appear to be paying a heavy price for the UK\u2019s inflation surge after the Brexit vote, which will drive the interest rate on their loans up by a third to 6.1%. The rise in inflation, driven by a decline in the value of the pound since June, means students will be charged substantially more interest on their loans, despite the fact that many other consumers are benefiting from record low interest rates. Personal loans from high street banks have rates starting at 2.8%, while five-year fixed-rate mortgages are available from 1.29%. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Student loan interest rate set to rise by a third after UK inflation surge<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Increase in inflation, driven by pound\u2019s Brexit slide, means students will pay more as others...<\/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-51620","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-dqA","jetpack-related-posts":[{"id":86539,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-brexit-economy-looming-rate-rise-clouds-outlook-as-inflation-dips\/","url_meta":{"origin":51620,"position":0},"title":"The Brexit economy: looming rate rise clouds outlook as inflation dips","date":"April 26, 2018","format":false,"excerpt":"\r \u2018The beast from the east\u2019 blew the UK economy off course, further complicating an already complex picture\u2022Experts debate the data\u2022Brexit economy - April verdictThe British economy is showing signs of faltering as the Bank of England considers raising interest rates, although falling inflation has handed households better news, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":16492,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/no-interest-rate-rise-before-2020-as-limp-inflation-and-brexit-clouds-gather\/","url_meta":{"origin":51620,"position":1},"title":"'No interest rate rise before 2020', as limp inflation and Brexit clouds gather","date":"June 14, 2016","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...'No interest rate rise before 2020', as limp inflation and Brexit clouds gather","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61138,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/russell-group-urges-rethink-on-student-loan-interest-rate\/","url_meta":{"origin":51620,"position":2},"title":"Russell Group urges rethink on student loan interest rate","date":"July 19, 2017","format":false,"excerpt":"\r Body representing UK\u2019s elite universities says new 6.1% rate is \u2018very high\u2019 and out of touch with commercial lendingThe Russell Group, which represents the UK\u2019s most prestigious universities, has joined calls to make funding fairer for students, urging the government to look again at the 6.1% interest rate on\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":138572,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-rise-despite-surge-in-borrowing-rates\/","url_meta":{"origin":51620,"position":3},"title":"UK mortgage approvals rise despite surge in borrowing rates","date":"July 31, 2023","format":false,"excerpt":"\r Surprise jump in demand for home loans as borrowers \u2018scramble\u2019 to get ahead of interest rate increasesAnalysis \u2013 mortgage rates show sign of easingBusiness live \u2013 latest updatesMortgage approvals in the UK rose to their highest level since October 2022 last month amid signs of a scramble to secure\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":75269,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-price-growth-to-slow-dramatically-in-2018-say-experts\/","url_meta":{"origin":51620,"position":4},"title":"UK house price growth to slow dramatically in 2018, say experts","date":"December 26, 2017","format":false,"excerpt":"\r Fear of interest rate rise and Brexit expected to either halt house price growth or result in a small below-inflation riseHouse price growth looks set to judder to a halt in 2018 or at best manage a small below-inflation rise, as the twin spectres of Brexit and rising interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/isa-rates-halved-since-brexit-vote-and-eroded-further-by-inflation\/","url_meta":{"origin":51620,"position":5},"title":"Isa rates halved since Brexit vote and eroded further by inflation","date":"April 1, 2017","format":false,"excerpt":"\r Cash savers\u2019 money is declining in real terms as interest rates and inflation head in opposite directions, say expertsTypical cash Isa rates have halved since June\u2019s Brexit vote, it emerged this week. The average cash Isa rate stood at 0.87% at the end of May 2016, but is now\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\/51620"}],"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=51620"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/51620\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=51620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=51620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=51620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}