{"id":70754,"date":"2017-11-02T19:00:58","date_gmt":"2017-11-02T12:00:58","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-have-a-450000-mortgage-but-were-relaxed-about-the-interest-rate-rise\/"},"modified":"2017-11-02T19:08:42","modified_gmt":"2017-11-02T12:08:42","slug":"we-have-a-450000-mortgage-but-were-relaxed-about-the-interest-rate-rise","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/we-have-a-450000-mortgage-but-were-relaxed-about-the-interest-rate-rise\/","title":{"rendered":"'We have a \u00a3450,000 mortgage \u2013 but we're relaxed about the interest rate rise'"},"content":{"rendered":"


\nA couple who bought a two-bed flat this year say they have few immediate concerns thanks to their fixed-rate dealThe size of mortgage taken out by first-time buyers Kieran Ellis, 32, and Jordan Stefanov, 29, will send shudders through many people. The couple borrowed about \u00a3450,000 in June to buy a \u00a3490,000 two-bed flat in Crystal Palace, south London \u2013 but they are relatively relaxed about the rise in interest rates.A 0.25% rise in rates adds \u00a354 to the monthly payments on a \u00a3450,000 loan. But like the majority of young buyers Kieran and Jordan have taken out a fixed-rate mortgage \u2013 in their case pegged at just 1.8% for two years \u2013 so the rate rise has no immediate impact on their repayments, which come in at a bit below \u00a32,000 a month. Continue reading…
\n
\nSource : theguardian.com
\nRead more…‘We have a \u00a3450,000 mortgage \u2013 but we’re relaxed about the interest rate rise’<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A couple who bought a two-bed flat this year say they have few immediate concerns...<\/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-70754","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-ipc","jetpack-related-posts":[{"id":83845,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hsbc-ends-fixed-rate-mortgage-in-hong-kong-a-week-after-feds-rate-rise\/","url_meta":{"origin":70754,"position":0},"title":"HSBC ends fixed-rate mortgage in Hong Kong a week after Fed\u2019s rate rise","date":"March 27, 2018","format":false,"excerpt":"\r HSBC, Hong Kong\u2019s biggest lender, will stop offering its fixed-rate mortgage plan on Thursday, a week after the US Federal Reserve raised its key interest rate by 25 basis points. The move comes at a time of fierce competition between banks in Hong Kong to attract mortgage customers. The\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":88051,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/can-i-get-a-residential-mortgage-with-immediate-consent-to-let\/","url_meta":{"origin":70754,"position":1},"title":"Can I get a residential mortgage with immediate consent to let?","date":"May 14, 2018","format":false,"excerpt":"\r I bought a house but am renting it out as I\u2019m working in a different city for a couple of years Q I bought my house in 2015 with a mortgage with an interest rate fixed for two years. At the end of the two years at the beginning\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134372,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-the-interest-rate-rise-trigger-a-stampede-for-tracker-mortgages\/","url_meta":{"origin":70754,"position":2},"title":"Will the interest rate rise trigger a stampede for tracker mortgages?","date":"February 3, 2023","format":false,"excerpt":"\r Hints by Bank of England that rates may have peaked leaves those remortgaging in a quandaryWhat does the Bank of England interest rate rise mean for you?The rush towards tracker mortgages that began even before Thursday\u2019s interest rate rise could well become a stampede after the Bank of England\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-face-19bn-rise-in-mortgage-costs-as-fixed-rate-deals-expire\/","url_meta":{"origin":70754,"position":3},"title":"Homeowners face \u00a319bn rise in mortgage costs as fixed-rate deals expire","date":"January 4, 2024","format":false,"excerpt":"\r As many as 1.5m households are expected to face a mortgage payment hike this year as their fixed-rate deals come to an end\u2018Sleepless nights\u2019: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a \u00a319bn surge in mortgage costs as millions more fixed-rate deals expire and borrowers are\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-rate-rise-outpaces-interest-rates-data-reveals\/","url_meta":{"origin":70754,"position":4},"title":"UK mortgage rate rise outpaces interest rates, data reveals","date":"August 23, 2022","format":false,"excerpt":"\r Average new two-year fixed rate has jumped 1.75 percentage points since December 2021, 0.1 points faster than base rateThe price of new mortgages is rising even faster than UK interest rates, according to new data that adds to the dilemma faced by many thinking about taking out a new\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":38241,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-costs-will-rise-but-not-immediately\/","url_meta":{"origin":70754,"position":5},"title":"Mortgage costs will rise, but not immediately","date":"December 16, 2016","format":false,"excerpt":"\r Mortgage costs in the UAE will increase after the US Fed's rate rise and are forecast for further rises next year. But that is unlikley to deter a recovery next year in property prices, particularly in Dubai.The US Federal Open Market Committee decision to raise rates for the the\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\/70754"}],"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=70754"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/70754\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=70754"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=70754"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=70754"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}