{"id":79854,"date":"2018-02-14T13:00:10","date_gmt":"2018-02-14T06:00:10","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/people-face-surge-in-household-debts-in-next-five-years-study\/"},"modified":"2018-02-14T14:03:31","modified_gmt":"2018-02-14T07:03:31","slug":"people-face-surge-in-household-debts-in-next-five-years-study","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/people-face-surge-in-household-debts-in-next-five-years-study\/","title":{"rendered":"People face surge in household debts in next five years \u2013 study"},"content":{"rendered":"


\nMounting mortgage and other domestic costs will hit families hard if interest rates riseBritons will spend almost a third more on their mortgages and other household debts over the next five years, according to new data, sparking fears many may struggle to cope with mounting costs if interest rates rise as predicted.The projection, revealed by a freedom of information request to the Office for Budget Responsibility, found household debt servicing costs were set to climb 29% by 2023, the vast majority of which are likely to be mortgages. Continue reading…
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\nSource : theguardian.com
\nRead more…People face surge in household debts in next five years \u2013 study<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Mounting mortgage and other domestic costs will hit families hard if interest rates riseBritons will...<\/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-79854","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-kLY","jetpack-related-posts":[{"id":156714,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/smaller-hong-kong-developers-face-defaults-amid-mounting-debts-analysts\/","url_meta":{"origin":79854,"position":0},"title":"Smaller Hong Kong developers face defaults amid mounting debts: analysts","date":"July 1, 2025","format":false,"excerpt":"\r Hong Kong developer Emperor International Holdings\u2019 inability to repay HK$16.6 billion (US$2.1 billion) in loans highlights a growing debt crisis among small and medium-sized developers in the city, prompting analysts to warn of more defaults. \u201cHigh debt ratios have become a mainstream condition among Hong Kong developers, particularly mid-sized\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67330,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/banks-braced-for-carneys-verdict-on-household-debts\/","url_meta":{"origin":79854,"position":1},"title":"Banks braced for Carney\u2019s verdict on household debts\u00a0","date":"September 25, 2017","format":false,"excerpt":"\r \r \r Source : telegraph.co.uk\r Read more...Banks braced for Carney\u2019s verdict on household debts\u00a0","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":79854,"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":160672,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-banks-face-lawsuits-over-mortgages-that-left-people-with-huge-debts\/","url_meta":{"origin":79854,"position":3},"title":"UK banks face lawsuits over mortgages that left people with huge debts","date":"September 8, 2025","format":false,"excerpt":"\r Group actions against Barclays and Bank of Scotland over products that left some people owing up to 20 times the sum they borrowedTwo of Britain\u2019s biggest banks face being sued over \u201cunfair\u201d mortgages that have left some people owing up to 20 times the sum they originally borrowed.The law\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81898,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-as-a-rate-rise-looms-its-time-to-fix-repayments\/","url_meta":{"origin":79854,"position":4},"title":"Mortgages: as a rate rise looms, it\u2019s time to fix repayments","date":"March 5, 2018","format":false,"excerpt":"\r Security over monthly outgoings is vital for many homeowners. Here\u2019s a guide to the best dealsIt was a sharp reminder to a generation of homeowners that low rates would not last forever when Bank of England governor Mark Carney announced in November that interest rates were to rise for\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115664,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/have-you-deferred-paying-your-mortgage-or-credit-card-debts\/","url_meta":{"origin":79854,"position":5},"title":"Have you deferred paying your mortgage or credit card debts?","date":"April 16, 2020","format":false,"excerpt":"\r One in nine households is taking a mortgage holiday. If you are among that number and have concerns, let us knowWhen the coronavirus crisis hit, lenders in the UK were told to help their customers by allowing them to suspend payments of mortgages, credit cards and personal loans for\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\/79854"}],"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=79854"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/79854\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=79854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=79854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=79854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}