{"id":83083,"date":"2018-03-19T14:00:26","date_gmt":"2018-03-19T07:00:26","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-only-mortgages-how-to-tackle-the-shortfall\/"},"modified":"2018-03-19T14:03:50","modified_gmt":"2018-03-19T07:03:50","slug":"interest-only-mortgages-how-to-tackle-the-shortfall","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-only-mortgages-how-to-tackle-the-shortfall\/","title":{"rendered":"Interest-only mortgages: how to tackle the shortfall"},"content":{"rendered":"


\nFrom remortgaging to speaking to your lender, there are a number of ways borrowers can ensure they keep their homeIt is the mortgage that has been labelled a ticking timebomb. The City regulator recently warned about the significant number of people with interest-only mortgages who are in danger of losing their homes as they may be unable to repay what they owe at the end of the loan term.Following the latest alarm bell from the Financial Conduct Authority (FCA), consumer groups are now working to help people with\u00a0interest-only mortgages – some of whom are avoiding talking to their mortgage provider – to resolve the situation. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Interest-only mortgages: how to tackle the shortfall<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

From remortgaging to speaking to your lender, there are a number of ways borrowers can...<\/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-83083","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-lC3","jetpack-related-posts":[{"id":105329,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/retirement-interest-only-mortgages-offer-lifeline-to-older-borrowers\/","url_meta":{"origin":83083,"position":0},"title":"Retirement interest-only mortgages offer lifeline to older borrowers","date":"March 23, 2019","format":false,"excerpt":"\r Demand is growing for a new type of home loan that helps the over-55s facing a shortfall at the end of their existing termA new breed of interest-only mortgage for older people is starting to take off. These deals could throw a lifeline to thousands of people who have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78501,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-only-borrowers-risk-losing-homes-warns-watchdog\/","url_meta":{"origin":83083,"position":1},"title":"Interest-only borrowers risk losing homes, warns watchdog","date":"January 31, 2018","format":false,"excerpt":"\r Regulator says many of 1.67m mortgage holders face large shortfall with some ignoring problemThe City regulator has sounded an alarm about the \u201csignificant numbers\u201d of people with interest-only mortgages who may be in danger of losing their homes.The Financial Conduct Authority (FCA) said many interest-only borrowers could face a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":127347,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/barclays-to-buy-kensington-mortgages-as-interest-rates-rise\/","url_meta":{"origin":83083,"position":2},"title":"Barclays to buy Kensington Mortgages as interest rates rise","date":"June 24, 2022","format":false,"excerpt":"\r Acquisition comes at a time of intense competition in the mortgage marketBarclays is to buy the specialist mortgage lender Kensington Mortgages for \u00a32.3bn, in a dash for mortgage books as interest rates rise.The acquisition comes at a time of intense competition in the mortgage market, and as rising interest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":137920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-only-mortgages-a-godsend-for-uk-borrowers-if-you-can-get-one\/","url_meta":{"origin":83083,"position":3},"title":"Interest-only mortgages: a godsend for UK borrowers (if you can get one)","date":"June 24, 2023","format":false,"excerpt":"\r Such deals can halve your monthly payments but lenders are picky and there are drawbacksIf you are one of those households staring down the prospect of unaffordable monthly mortgage repayments, one option is to go interest-only.Massive before the 2008 financial crisis, interest-only mortgages in which the borrower only repays\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172528,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/demand-for-riskier-mortgages-rises-again-along-with-interest-rates\/","url_meta":{"origin":83083,"position":4},"title":"Demand for riskier mortgages rises again, along with interest rates","date":"September 9, 2026","format":false,"excerpt":"\r Mortgage rates continue to climb, so more borrowers are turning to adjustable rate mortgages, which offer lower interest rates comparatively.\r \r Source : cnbc.com\r Read more...Demand for riskier mortgages rises again, along with interest rates","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119091,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-extends-pilot-fixed-rate-mortgages-scheme-by-a-year-lowers-interest-rates-to-combat-pandemic-fallout\/","url_meta":{"origin":83083,"position":5},"title":"Hong Kong extends pilot fixed-rate mortgages scheme by a year, lowers interest rates to combat pandemic fallout","date":"November 2, 2020","format":false,"excerpt":"\r The Hong Kong Mortgage Corporation (HKMC) has extended a pilot scheme for fixed-rate mortgages by a year, and said interest rates will also be lowered further, as the city faces rising unemployment and a recession amid the coronavirus pandemic.The application period for the Fixed-rate Mortgage Pilot Scheme has been\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\/83083"}],"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=83083"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/83083\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=83083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=83083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=83083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}