{"id":78849,"date":"2018-02-03T14:00:51","date_gmt":"2018-02-03T07:00:51","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/watch-out-interest-rates-will-rise-at-the-end-of-february\/"},"modified":"2018-02-03T15:03:27","modified_gmt":"2018-02-03T08:03:27","slug":"watch-out-interest-rates-will-rise-at-the-end-of-february","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/watch-out-interest-rates-will-rise-at-the-end-of-february\/","title":{"rendered":"Watch out: interest rates will rise at the end of February"},"content":{"rendered":"


\nIf you\u2019re planning to remortgage, do it now \u2013 a little-known change could push up ratesThere\u2019s going to be an interest rate rise on 28 February. In just a few weeks you are going to see about 0.25% added to mortgage and savings rates. But you won\u2019t see a press release from the Bank of England that the base rate has gone up. Instead, for the first time in years, banks are going to be scrambling to offer savers better rates \u2013 and the losers will be anyone taking out a new mortgage.So what\u2019s happening? On 28 February an extraordinary financial measure, put in place in the days after the Brexit vote, will end. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Watch out: interest rates will rise at the end of February<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

If you\u2019re planning to remortgage, do it now \u2013 a little-known change could push up...<\/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-78849","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-kvL","jetpack-related-posts":[{"id":142850,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-rise-for-first-time-in-more-than-a-year-as-interest-rates-drop\/","url_meta":{"origin":78849,"position":0},"title":"UK house prices rise for first time in more than a year as interest rates drop","date":"March 1, 2024","format":false,"excerpt":"\r Average cost of a home increased to \u00a3260,420 in February, up by 1.2% on a year earlier, says NationwideBusiness live \u2013 latest updatesUK house prices grew for the first time on an annual basis in more than a year in February, as a decline in borrowing costs prompted an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50582,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/isa-rates-halved-since-brexit-vote-and-eroded-further-by-inflation\/","url_meta":{"origin":78849,"position":1},"title":"Isa rates halved since Brexit vote and eroded further by inflation","date":"April 1, 2017","format":false,"excerpt":"\r Cash savers\u2019 money is declining in real terms as interest rates and inflation head in opposite directions, say expertsTypical cash Isa rates have halved since June\u2019s Brexit vote, it emerged this week. The average cash Isa rate stood at 0.87% at the end of May 2016, but is now\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134919,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-rates-will-need-to-rise-again-warns-bank-of-england-rate-setter\/","url_meta":{"origin":78849,"position":2},"title":"Interest rates will need to rise again, warns Bank of England rate-setter","date":"February 23, 2023","format":false,"excerpt":"\r MPC\u2019s Catherine Mann says high rates necessary to stop inflation becoming embedded in wages and pricesInterest rates will need to rise again to prevent inflation becoming a persistent problem in the UK, a Bank of England policymaker has warned.A shortage of workers and high wage demands were likely to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131412,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-fall-after-significant-shock-of-mini-budget\/","url_meta":{"origin":78849,"position":3},"title":"UK house prices fall after \u2018significant shock\u2019 of mini-budget","date":"November 7, 2022","format":false,"excerpt":"\r Halifax reports steepest monthly drop since February 2021 amid interest rate risesUK house prices fell by 0.4% in October after Liz Truss\u2019s mini-budget drove a sudden rise in mortgage rates, the lender Halifax said.The decline in the average price to \u00a3292,598 was the third in the past four months\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":78849,"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":124478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-switching-could-save-200-a-month-as-interest-rates-rise\/","url_meta":{"origin":78849,"position":5},"title":"Mortgages: switching could save \u00a3200 a month as interest rates rise","date":"February 5, 2022","format":false,"excerpt":"\r The cost of living is soaring, but you may still be able to cut the cost of your repaymentsUnless your mortgage is already fixed for the long term, this week\u2019s interest rate rise, following hot on the heels of December\u2019s, is likely to have given you cause for concern.\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\/78849"}],"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=78849"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/78849\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=78849"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=78849"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=78849"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}