{"id":82975,"date":"2018-03-17T14:00:27","date_gmt":"2018-03-17T07:00:27","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-are-now-the-most-affordable-since-the-mid-1990s-says-halifax\/"},"modified":"2018-03-17T14:05:33","modified_gmt":"2018-03-17T07:05:33","slug":"mortgages-are-now-the-most-affordable-since-the-mid-1990s-says-halifax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgages-are-now-the-most-affordable-since-the-mid-1990s-says-halifax\/","title":{"rendered":"Mortgages are now the most affordable since the mid-1990s, says Halifax"},"content":{"rendered":"


\nResearch shows just 29% of UK homeowners\u2019 disposable income is being eaten up by home loan paymentsThe proportion of homeowners\u2019 income being swallowed up by mortgage payments is now one of the smallest since the mid-1990s, according to the Halifax. It said typical mortgage payments accounted for less than a third (29%) of homeowners\u2019 disposable income in the last three months of 2017 \u2013 down from almost half (47%) during the same period in 2007. This figure is also \u201ccomfortably below\u201d the long-term average of 35% for the period between 1983 and 2017.This is a boost for those who have a mortgage and those preparing to take their first step on the property ladder Continue reading…
\n
\nSource : theguardian.com
\nRead more…Mortgages are now the most affordable since the mid-1990s, says Halifax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Research shows just 29% of UK homeowners\u2019 disposable income is being eaten up by home...<\/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-82975","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-lAj","jetpack-related-posts":[{"id":115168,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/halifax-withdraws-majority-of-mortgages\/","url_meta":{"origin":82975,"position":0},"title":"Halifax withdraws majority of mortgages","date":"March 26, 2020","format":false,"excerpt":"\r Lender flooded with requests for payment holidays while valuers unable to inspect properties due to coronavirusCoronavirus \u2013 latest updatesSee all our coronavirus coverageHalifax, the UK\u2019s biggest mortgage lender, has withdrawn the majority of its mortgage range, including all first-time buyer loans, citing a lack of \u201cprocessing resource\u201d.In a message\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":12034,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/halifax-raises-mortgage-borrowing-age-limit-to-80\/","url_meta":{"origin":82975,"position":1},"title":"Halifax raises mortgage borrowing age limit to 80","date":"May 6, 2016","format":false,"excerpt":"\r UK\u2019s biggest mortgage lender\u2019s move is part of trend for lenders to loan money to older people, some as old as 89Halifax has raised its age limit for mortgage borrowers by five years to 80 in a further sign of the financial pressure on homeowners 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