{"id":72109,"date":"2017-11-17T20:57:13","date_gmt":"2017-11-17T13:57:13","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/household-finances-under-strain-as-nationwide-warns-of-tough-times-ahead\/"},"modified":"2017-11-17T21:03:12","modified_gmt":"2017-11-17T14:03:12","slug":"household-finances-under-strain-as-nationwide-warns-of-tough-times-ahead","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/household-finances-under-strain-as-nationwide-warns-of-tough-times-ahead\/","title":{"rendered":"Household finances under strain as Nationwide warns of tough times ahead"},"content":{"rendered":"


\nBuilding society warns \u2018sluggish\u2019 economy, Brexit uncertainty, weak wage increases and rising inflation are hurting customers\u2019 financesHousehold finances are under worsening pressure, according to Nationwide building society, which reported a fall in profits and warned of tougher trading conditions ahead.Total mortgage lending slipped from \u00a317.5bn to \u00a316.7bn, largely because of a steep decline in loans for buy-to-let following the tax changes. But as lending for landlords has fallen, loans granted to first-time buyers have surged. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Household finances under strain as Nationwide warns of tough times ahead<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Building society warns \u2018sluggish\u2019 economy, Brexit uncertainty, weak wage increases and rising inflation are hurting...<\/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-72109","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-iL3","jetpack-related-posts":[{"id":126776,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-warns-of-inflations-impact-on-struggling-customers\/","url_meta":{"origin":72109,"position":0},"title":"Nationwide warns of inflation\u2019s impact on struggling customers","date":"May 20, 2022","format":false,"excerpt":"\r Building society warns people on lower incomes could face \u2018significant pressure\u2019Nationwide executives have said they are \u201chighly concerned\u201d about the outlook for inflation, warning that rising costs could harm already struggling customers and drag down house prices.In its annual earnings report, the member-owned building society said it had not\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14172,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-says-mortgage-lending-back-at-pre-crisis-levels\/","url_meta":{"origin":72109,"position":1},"title":"Nationwide says mortgage lending back at pre-crisis levels","date":"May 24, 2016","format":false,"excerpt":"\r Building society controls nearly 14% of the mortgage lending market, but it warns of the effect of competition on its profitsNationwide Building Society, the UK\u2019s second largest mortgage lender, has admitted profits will come under pressure in the coming months as competition from rivals heats up.New chief executive Joe\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":62346,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/growing-risk-from-uk-household-debts-warns-moodys-amid-lending-boom-fear\/","url_meta":{"origin":72109,"position":2},"title":"Growing risk from UK household debts, warns Moody\u2019s amid lending boom fear","date":"July 31, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Growing risk from UK household debts, warns Moody\u2019s amid lending boom fear","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":60634,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rise-in-credit-card-default-rate-adds-to-concerns-over-household-finances\/","url_meta":{"origin":72109,"position":3},"title":"Rise in credit card default rate adds to concerns over household finances","date":"July 13, 2017","format":false,"excerpt":"\r Default rates \u2018increased significantly\u2019 between April and June, Bank of England says, adding it expects availability of credit to fall in coming monthsThe number of people defaulting on their credit card bills and personal loans jumped in the three months to the end of June, according the Bank of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":11646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-tightens-lending-criteria-for-buy-to-let-landlords\/","url_meta":{"origin":72109,"position":4},"title":"Nationwide tightens lending criteria for buy-to-let landlords","date":"April 29, 2016","format":false,"excerpt":"\r Building society\u2019s changes come as the Bank of England attempts to rein in buy-to-let lendingNationwide building society is tightening up its criteria for lending to buy-to-let landlords ahead of changes to how much tax relief they will be allowed to claim against their repayments.Landlords who take new loans from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72131,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/nationwide-warns-of-tough-competition-as-profits-slip\/","url_meta":{"origin":72109,"position":5},"title":"Nationwide warns of tough competition as profits slip\u00a0","date":"November 17, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Nationwide warns of tough competition as profits slip\u00a0","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\/72109"}],"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=72109"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/72109\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=72109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=72109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=72109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}