{"id":86088,"date":"2018-04-22T06:05:06","date_gmt":"2018-04-21T23:05:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-costs-hit-two-year-high-as-lenders-anticipate-rise-in-uk-base-rate\/"},"modified":"2018-04-22T07:05:21","modified_gmt":"2018-04-22T00:05:21","slug":"mortgage-costs-hit-two-year-high-as-lenders-anticipate-rise-in-uk-base-rate","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-costs-hit-two-year-high-as-lenders-anticipate-rise-in-uk-base-rate\/","title":{"rendered":"Mortgage costs hit two-year high as lenders anticipate rise in UK base rate"},"content":{"rendered":"<p>&#013;<br \/>\nAverage homeowner with a typical loan of \u00a3175,000 is now paying \u00a344 a month more than last autumnRates on the most popular mortgage deals have reached their highest levels in two years as lenders increase prices in advance of an expected interest rate rise next month.The average mortgage rate has gone up by 0.25 percentage points since last month. This follows a previous mortgage rate rise by lenders around November when the base rate moved up by a quarter of a per cent. The average two-year fixed mortgage rate has now reached 2.5% \u2013 the highest level since July 2016. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2018\/apr\/21\/mortgage-rate-highest-two-years\" target=\"_blank\">Mortgage costs hit two-year high as lenders anticipate rise in UK base rate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Average homeowner with a typical loan of \u00a3175,000 is now paying \u00a344 a month more&#46;&#46;&#46;<\/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-86088","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-mow","jetpack-related-posts":[{"id":76320,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/housebuyers-benefit-from-profits-squeeze-on-mortgage-lenders\/","url_meta":{"origin":86088,"position":0},"title":"Housebuyers benefit from profits&#039; 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 &quot;Property News&quot;","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":86088,"position":1},"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 &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171128,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-mortgage-rate-tops-5-as-lenders-scurry-to-reprice-loans-amid-middle-east-crisis\/","url_meta":{"origin":86088,"position":2},"title":"Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis","date":"March 11, 2026","format":false,"excerpt":"\r More than 500 lending products pulled in biggest single upheaval since Liz Truss\u2019s mini-budget in 2022How will war in the Middle East affect your finances?Business live \u2013 latest updatesAverage mortgage rates in the UK have flown past 5% as lenders scramble to respond to growing turmoil in the home\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":81183,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beat-an-interest-rate-rise-by-locking-into-a-new-mortgage-now\/","url_meta":{"origin":86088,"position":3},"title":"Beat an interest rate rise by locking into a new mortgage now","date":"February 27, 2018","format":false,"excerpt":"\r Some 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\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":139281,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-lenders-expected-to-make-further-mortgage-rate-cuts-next-week\/","url_meta":{"origin":86088,"position":4},"title":"UK lenders expected to make further mortgage rate cuts next week","date":"September 22, 2023","format":false,"excerpt":"\r Mounting optimism that home-loan costs have peaked after Bank of England keeps interest rates on holdUK lenders are expected to launch another round of mortgage rate cuts next week amid optimism home-loan costs have peaked after the Bank of England\u2019s decision to keep interest rates on hold.So far Nationwide\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-lenders-put-up-interest-payments-before-banks-base-rate-hike\/","url_meta":{"origin":86088,"position":5},"title":"Mortgage lenders put up interest payments before Bank\u2019s base rate hike","date":"September 22, 2022","format":false,"excerpt":"\r Banks and building societies increased charges that could add thousands to some people\u2019s home loan costsBanks and building societies had already begun putting up mortgage interest payments before the Bank of England announced its latest base rate hike to 2.25% \u2013 piling more pressure on homebuyers and owners.For some,\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/86088"}],"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=86088"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/86088\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=86088"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=86088"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=86088"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}