{"id":6642,"date":"2014-04-12T13:02:00","date_gmt":"2014-04-12T06:02:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/need-a-mortgage-new-rules-mean-youll-have-to-ditch-all-those-little-extras\/"},"modified":"2016-03-03T10:11:39","modified_gmt":"2016-03-03T03:11:39","slug":"need-a-mortgage-new-rules-mean-youll-have-to-ditch-all-those-little-extras","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/need-a-mortgage-new-rules-mean-youll-have-to-ditch-all-those-little-extras\/","title":{"rendered":"Need a mortgage? New rules mean you'll have to ditch all those little extras"},"content":{"rendered":"


\nThe Mortgage Market Review, which comes into force on 26\u00a0April, means lenders will have to check every tiny detail of your finances down to the last purchase of an appThinking of taking out a mortgage in the next few months? Then start living like a monk now. Home loan experts are advising would-be borrowers to pay off debts and cut right back on their spending for at least three months before applying for a mortgage.That could mean cutting back on the “extras” that show up on a bank statement \u2013 which means ditching nights out and takeaways and forgoing other luxuries. These could include regular payments to streaming services such as Netflix and Spotify, purchases of music and apps, and subscriptions to online games, magazines, wine clubs and so on. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Need a mortgage? New rules mean you’ll have to ditch all those little extras<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Mortgage Market Review, which comes into force on 26\u00a0April, means lenders will have to...<\/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-6642","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\/p75ss1-1J8","jetpack-related-posts":[{"id":79690,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/heres-what-a-5-percent-mortgage-rate-would-mean-to-buyers\/","url_meta":{"origin":6642,"position":0},"title":"Here's what a 5 percent mortgage rate would mean to buyers","date":"February 12, 2018","format":false,"excerpt":"\r Some buyers would slow or quit their home search if mortgage rates hit 5 percent.\r \r Source : cnbc.com\r Read more...Here's what a 5 percent mortgage rate would mean to buyers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":130014,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-market-turmoil-what-does-it-mean-for-your-deal\/","url_meta":{"origin":6642,"position":1},"title":"UK mortgage market turmoil: what does it mean for your deal?","date":"September 27, 2022","format":false,"excerpt":"\r Banks and building societies pull hundreds of deals in anticipation of further interest rate risesNearly 300 UK mortgage deals pulled in a day as pound fallsMortgage deals are being pulled by banks and building societies after the fall in the pound fuelled expectations of an emergency interest rate rise.\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9530,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-do-10-penalty-free-mortgage-overpayments-mean-in-real-terms\/","url_meta":{"origin":6642,"position":2},"title":"What do '10% penalty-free mortgage overpayments' mean in real terms?","date":"August 14, 2013","format":false,"excerpt":"\r We are re-mortgaging for the first time, but are unsure whether the offer is based on 10% of the capital owingQ We are about to re-mortgage for the first time. Our goal is to pay our \u00a3170,000 mortgage off as efficiently as possible, opting to switch to a mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":59915,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/two-major-lending-changes-mean-its-suddenly-easier-to-get-a-mortgage\/","url_meta":{"origin":6642,"position":3},"title":"Two major lending changes mean it's suddenly easier to get a mortgage","date":"July 5, 2017","format":false,"excerpt":"\r Two major changes in the mortgage market go into effect this month, and both could help millions more borrowers qualify for a home loan.\r \r Source : cnbc.com\r Read more...Two major lending changes mean it's suddenly easier to get a mortgage","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":77372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rising-mortgage-rates-could-mean-even-fewer-homes-for-sale-this-spring\/","url_meta":{"origin":6642,"position":4},"title":"Rising mortgage rates could mean even fewer homes for sale this spring","date":"January 19, 2018","format":false,"excerpt":"\r The spring housing market is just around the corner and this year it will be more competitive than ever.\r \r Source : cnbc.com\r Read more...Rising mortgage rates could mean even fewer homes for sale this spring","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":85994,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-would-a-base-rate-rise-to-2-mean-for-your-mortgage\/","url_meta":{"origin":6642,"position":5},"title":"What would a base rate rise to 2% mean for your mortgage?","date":"April 20, 2018","format":false,"excerpt":"\r Bank rate rise could cost average homebuyer an extra \u00a3138 each month on \u00a3175,00 mortgageInterest rate rises may be gradual but they will not be glacial, Michael Saunders, a member of the Bank of England\u2019s rate-setting committee has said, hinting that homebuyers could see the base rate rise to\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\/6642"}],"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=6642"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/6642\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=6642"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=6642"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=6642"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}