{"id":81183,"date":"2018-02-27T14:00:01","date_gmt":"2018-02-27T07:00:01","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/beat-an-interest-rate-rise-by-locking-into-a-new-mortgage-now\/"},"modified":"2018-02-27T14:03:45","modified_gmt":"2018-02-27T07:03:45","slug":"beat-an-interest-rate-rise-by-locking-into-a-new-mortgage-now","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beat-an-interest-rate-rise-by-locking-into-a-new-mortgage-now\/","title":{"rendered":"Beat an interest rate rise by locking into a new mortgage now"},"content":{"rendered":"


\nSome lenders give borrowers six months to take up offers, so start looking early even if you need a deal later in the yearWhile the Bank of England kept the base rate on hold at 0.5% earlier this month, it warned that interest rates were likely to rise more quickly than originally expected. This could lead to some nervousness among those looking for a mortgage later this year.Traditional wisdom has been that you have to wait until you are near the end of your current deal before securing another. But some lenders will give borrowers who are remortgaging as much as six months to take up a rate they have been offered in principle. This means that if you are coming out of a deal in September, you can start searching for a new one as soon as March. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Beat an interest rate rise by locking into a new mortgage now<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Some lenders give borrowers six months to take up offers, so start looking early even...<\/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-81183","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-l7p","jetpack-related-posts":[{"id":76320,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuyers-benefit-from-profits-squeeze-on-mortgage-lenders\/","url_meta":{"origin":81183,"position":0},"title":"Housebuyers benefit from profits' squeeze on mortgage lenders","date":"January 11, 2018","format":false,"excerpt":"\r Intense competition between lenders means customers have hardly noticed the 0.25% base rate rise, say brokersMortgage borrowers are benefiting from intense competition on the high street following the biggest squeeze on profit margins for two years.The Bank of England reported that in the final three months of 2017, the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21979,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/lenders-urged-to-pass-on-interest-rate-cut-to-borrowers\/","url_meta":{"origin":81183,"position":1},"title":"Lenders urged to pass on interest rate cut to borrowers","date":"August 4, 2016","format":false,"excerpt":"\r Bailed-out banks NatWest and Lloyds appear reticent to cut SVR rates despite warning from Bank of England governor Mark CarneyLenders have been told that they have \u201cno excuse\u201d not to pass on the Bank of England\u2019s base rate cut to borrowers \u2013 although the two bailed-out banks said they\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":140912,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/homeowners-face-19bn-rise-in-mortgage-costs-as-fixed-rate-deals-expire\/","url_meta":{"origin":81183,"position":2},"title":"Homeowners face \u00a319bn rise in mortgage costs as fixed-rate deals expire","date":"January 4, 2024","format":false,"excerpt":"\r As many as 1.5m households are expected to face a mortgage payment hike this year as their fixed-rate deals come to an end\u2018Sleepless nights\u2019: UK homeowners fear impact of 2024 mortgage timebombHomeowners are facing a \u00a319bn surge in mortgage costs as millions more fixed-rate deals expire and borrowers are\u2026","rel":"","context":"In "Property 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