{"id":81097,"date":"2018-02-26T18:15:57","date_gmt":"2018-02-26T11:15:57","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-lending-rises-but-banks-warn-on-sluggish-economy\/"},"modified":"2018-02-26T19:07:25","modified_gmt":"2018-02-26T12:07:25","slug":"uk-mortgage-lending-rises-but-banks-warn-on-sluggish-economy","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-lending-rises-but-banks-warn-on-sluggish-economy\/","title":{"rendered":"UK mortgage lending rises but banks warn on 'sluggish' economy"},"content":{"rendered":"


\nBusiness investment levels remain subdued amid Brexit uncertainty, says UK FinanceLending for mortgages jumped in January by nearly a tenth, but borrowing by businesses to invest dropped back amid Brexit uncertainty, according to official figures that paint a \u201csluggish\u201d picture of the UK economy. Total mortgage lending rose by 9.7% to \u00a321.9bn in January compared with the same month a year ago, according to UK Finance, the body that represents all the major high street banks. Much of the boost to mortgage lending is believed to have come from a cut in stamp duty, although the bounce-back comes from low levels, and total lending was still at its third lowest level since September 2016. Continue reading…
\n
\nSource : theguardian.com
\nRead more…UK mortgage lending rises but banks warn on ‘sluggish’ economy<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Business investment levels remain subdued amid Brexit uncertainty, says UK FinanceLending for mortgages jumped in...<\/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-81097","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-l61","jetpack-related-posts":[{"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":81097,"position":0},"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":72109,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/household-finances-under-strain-as-nationwide-warns-of-tough-times-ahead\/","url_meta":{"origin":81097,"position":1},"title":"Household finances under strain as Nationwide warns of tough times ahead","date":"November 17, 2017","format":false,"excerpt":"\r Building 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74344,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgage-lending-in-uk-reaches-highest-level-since-2008\/","url_meta":{"origin":81097,"position":2},"title":"New mortgage lending in UK reaches highest level since 2008","date":"December 12, 2017","format":false,"excerpt":"\r Boom 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":133075,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/six-big-uk-banks-to-start-lending-on-flats-with-cladding\/","url_meta":{"origin":81097,"position":3},"title":"Six big UK banks to start lending on flats with cladding","date":"December 20, 2022","format":false,"excerpt":"\r Barclays, HSBC, Lloyds, Nationwide, NatWest and Santander to offer mortgages on medium and high-rise properties from JanuarySix of the UK\u2019s largest banks will start lending on medium and high-rise flats with cladding from January, in a move that could help thousands of people stuck in properties they have not\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":152454,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-lending-at-four-year-high-amid-rush-to-avoid-stamp-duty-rise\/","url_meta":{"origin":81097,"position":4},"title":"UK mortgage lending at four-year high amid rush to avoid stamp duty rise","date":"May 1, 2025","format":false,"excerpt":"\r Figures show a 290% rise in mortgage borrowing, but approvals for new home purchases fell for the third monthA rush to get property purchases over the line before last month\u2019s stamp duty rise pushed UK mortgage lending to a four-year high in March, official data shows.Bank of England figures\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74270,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/labour-eyes-curb-on-uk-mortgage-lending\/","url_meta":{"origin":81097,"position":5},"title":"Labour eyes curb on UK mortgage lending","date":"December 11, 2017","format":false,"excerpt":"\r Party lays out plan to refocus economy away from housing to funding for small companies\r \r Source : ft.com\r Read more...Labour eyes curb on UK mortgage lending","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\/81097"}],"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=81097"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/81097\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=81097"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=81097"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=81097"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}