{"id":75573,"date":"2018-01-02T11:03:36","date_gmt":"2018-01-02T04:03:36","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-hit-15-month-low-in-november-says-uk-finance\/"},"modified":"2018-01-02T12:03:15","modified_gmt":"2018-01-02T05:03:15","slug":"uk-mortgage-approvals-hit-15-month-low-in-november-says-uk-finance","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-hit-15-month-low-in-november-says-uk-finance\/","title":{"rendered":"UK mortgage approvals hit 15-month low in November, says UK Finance"},"content":{"rendered":"


\nBritish banks approved the fewest mortgages in 15 months in November, when the Bank of England raised interest rates for the first time in more than a decade, industry figures showed last week.
\nBanks approved 39,507 mortgages for house purchase in November, down from 40,417 in October and 5 per cent fewer than in November 2016, trade association UK Finance said.
\nAt the start of the month, the Bank of England raised interest rates from a record low 0.25 per cent to 0.5 per cent.
\n\u201cHousing…
\n
\nSource : South China Morning Post
\nRead more…UK mortgage approvals hit 15-month low in November, says UK Finance<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

British banks approved the fewest mortgages in 15 months in November, when the Bank of...<\/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-75573","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-jEV","jetpack-related-posts":[{"id":100464,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-by-british-banks-fall-to-seven-month-low\/","url_meta":{"origin":75573,"position":0},"title":"Mortgage approvals by British banks fall to seven-month low","date":"October 24, 2018","format":false,"excerpt":"\r Housing market affected by affordability, Brexit and uncertainty over interest rates The number of mortgages approved by Britain\u2019s high street banks fell to a seven-month low in September, a month after the Bank of England raised interest rates.Big British lenders approved 37,352 mortgages for house purchases last month, down\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96748,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-lending-falls-in-july-before-rate-rise-and-as-brexit-worries-persist\/","url_meta":{"origin":75573,"position":1},"title":"UK mortgage lending falls in July before rate rise and as Brexit worries persist","date":"August 27, 2018","format":false,"excerpt":"\r Mortgage lending in Britain dropped last month before the Bank of England raised interest rates above the level set since the financial crisis, banking industry figures showed. The industry body UK Finance said the number of mortgages approved for new house purchases dropped by 4.3 per cent in July\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":113903,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-approve-highest-number-of-mortgages-since-2015\/","url_meta":{"origin":75573,"position":2},"title":"UK banks approve highest number of mortgages since 2015","date":"January 27, 2020","format":false,"excerpt":"\r Bank of England could be more likely to leave interest rates on hold amid property upturnThe number of mortgages approved by Britain\u2019s high street banks jumped to the highest level for almost five years in December, in the latest sign of a revival in the housing market.Mortgage approvals for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123495,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-approvals-at-lowest-level-since-mid-2020\/","url_meta":{"origin":75573,"position":3},"title":"UK mortgage approvals at lowest level since mid-2020","date":"November 29, 2021","format":false,"excerpt":"\r Bank of England\u2019s October figures follow frenzied few months when stamp duty breaks led to rush to buyThe number of mortgages approved for UK house purchases fell to its lowest level in 16 months in October as the \u201cdistortive effect\u201d of the stamp duty holiday came to an end.Figures\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72795,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-approvals-in-uk-at-lowest-level-for-13-months\/","url_meta":{"origin":75573,"position":4},"title":"Mortgage approvals in UK at lowest level for 13 months","date":"November 24, 2017","format":false,"excerpt":"\r Bank agreements for homebuyers decline, seen by economists as further sign of British market downturn British banks approved the fewest mortgages for house purchases in more than a year in October, with economists warning the decline could signal the start of a downturn in the UK housing market.Mortgage approvals\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-demand-for-mortgages-slumps-as-interest-rates-deter-buyers\/","url_meta":{"origin":75573,"position":5},"title":"UK demand for mortgages slumps as interest rates deter buyers","date":"January 31, 2023","format":false,"excerpt":"\r Bank of England figures also reveal many households are dipping into savings, rather than using credit cardsDemand for mortgages has collapsed to its lowest level since the depths of the 2020 lockdown as potential homebuyers are deterred by rising interest rates, the latest official figures show.The Bank of England\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\/75573"}],"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=75573"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/75573\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=75573"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=75573"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=75573"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}