{"id":74344,"date":"2017-12-12T19:02:37","date_gmt":"2017-12-12T12:02:37","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-lending-in-uk-reaches-highest-level-since-2008\/"},"modified":"2017-12-12T20:03:04","modified_gmt":"2017-12-12T13:03:04","slug":"new-mortgage-lending-in-uk-reaches-highest-level-since-2008","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-lending-in-uk-reaches-highest-level-since-2008\/","title":{"rendered":"New mortgage lending in UK reaches highest level since 2008"},"content":{"rendered":"


\nBoom driven by people remortgaging homes to lock- in cheap deals as proportion lent to first-time buyers fallsBritish households are taking on the highest levels of fresh mortgage debt since the beginning of 2008, spurred by low interest rates from the Bank of England, even as the proportion of first-time buyers dwindles. Banks extended new mortgage commitments to borrowers worth \u00a369.6bn in the three months to the end of September, an increase of 14% on the same period in 2016 and the highest amount recorded over a three-month period since the start of 2008, official figures from Threadneedle Street show. Continue reading…
\n
\nSource : theguardian.com
\nRead more…New mortgage lending in UK reaches highest level since 2008<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Boom driven by people remortgaging homes to lock- in cheap deals as proportion lent 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-74344","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-jl6","jetpack-related-posts":[{"id":11426,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lending-for-march-returns-to-record-high-of-17bn\/","url_meta":{"origin":74344,"position":0},"title":"Mortgage lending for March returns to record high of \u00a317bn","date":"April 26, 2016","format":false,"excerpt":"\r Rush to beat stamp duty deadline lifts lending to the peak levels seen before the financial crash of 2008Mortgage lending surged dramatically in March, returning to the peak levels last seen before the financial crash, as buy-to-let speculators and second home buyers rushed to beat the stamp duty tax\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":74344,"position":1},"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":44430,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/one-in-four-uk-retirees-burdened-by-unpaid-mortgage-or-other-debts\/","url_meta":{"origin":74344,"position":2},"title":"One in four UK retirees burdened by unpaid mortgage or other debts","date":"February 17, 2017","format":false,"excerpt":"\r Numbers retiring in debt in 2017 is highest for seven years with nearly 40% still owing payments for debts such as interest-only mortgagesOne in four people planning to retire this year will still have a mortgage or other debts to pay off and will typically owe about \u00a324,000, according\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2460,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-time-buyers-opt-for-40-year-mortgages-to-get-on-property-ladder\/","url_meta":{"origin":74344,"position":3},"title":"First-time buyers opt for 40-year mortgages to get on property ladder","date":"October 9, 2015","format":false,"excerpt":"\r Proportion of borrowers taking out loans for more than 25 years has doubled in five years, raising concerns over return to risky lending practicesFast-rising house prices are forcing home buyers to stretch their mortgage terms up to 40 years to get a foothold on the property ladder, raising fears\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17856,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-home-buyers-seeking-highest-mortgages-since-2008\/","url_meta":{"origin":74344,"position":4},"title":"Hong Kong home buyers seeking highest mortgages since 2008","date":"June 27, 2016","format":false,"excerpt":"\r Hong Kong home buyers are seeking larger mortgages, with lending now at an eight-year high as home prices continue rising, according to the mReferral Mortgage Brokerage Services.\r \r Source : South China Morning Post\r Read more...Hong Kong home buyers seeking highest mortgages since 2008","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42025,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lending-hits-highest-level-since-2008\/","url_meta":{"origin":74344,"position":5},"title":"Mortgage lending hits highest level since 2008","date":"January 26, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Mortgage lending hits highest level since 2008","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\/74344"}],"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=74344"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/74344\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=74344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=74344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=74344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}