{"id":86966,"date":"2018-05-02T21:10:34","date_gmt":"2018-05-02T14:10:34","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/elderly-couple-face-losing-home-as-interest-only-loan-crisis-bites\/"},"modified":"2018-05-02T22:03:26","modified_gmt":"2018-05-02T15:03:26","slug":"elderly-couple-face-losing-home-as-interest-only-loan-crisis-bites","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/elderly-couple-face-losing-home-as-interest-only-loan-crisis-bites\/","title":{"rendered":"Elderly couple face losing home as interest-only loan crisis bites"},"content":{"rendered":"


\nSantander refuses to extend mortgage term because Len and Val Fitzgerald are in their late 70sAn MP has claimed Santander is prepared to throw a couple in their late 70s out into the street because it has refused to extend their interest-only mortgage due to their age.Len and Val Fitzgerald, who live in Eastbourne, East Sussex, are at risk of losing their home after the Spanish-owned bank launched repossession proceedings against them, though Santander said it had now agreed to a six-month breathing space to allow discussions to continue. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Elderly couple face losing home as interest-only loan crisis bites<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Santander refuses to extend mortgage term because Len and Val Fitzgerald are in their late...<\/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-86966","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-mCG","jetpack-related-posts":[{"id":137338,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgage-turmoil-continues-as-santander-pulls-deals-for-new-borrowers\/","url_meta":{"origin":86966,"position":0},"title":"UK mortgage turmoil continues as Santander pulls deals for new borrowers","date":"June 12, 2023","format":false,"excerpt":"\r Move follows decision by HSBC and applies to brokers and online applications as lenders hike fixed ratesSantander is the latest major bank to announce it is temporarily pulling its mortgage deals for new borrowers off sale as the turmoil in the home loans market shows no signs of abating.Days\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":159055,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-mortgage-cap-jumps-by-as-much-as-24-as-bank-eases-lending-rules\/","url_meta":{"origin":86966,"position":1},"title":"Santander mortgage cap jumps by as much as 24% as bank eases lending rules","date":"August 12, 2025","format":false,"excerpt":"\r Some higher-earning couples with smaller deposits could borrow extra \u00a3130,000 as a result of overnight changesSome couples applying for a Santander mortgage will see the maximum they can borrow increase by \u00a3130,000 overnight after the bank loosened its lending rules.Santander is the latest in a line of lenders to\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89490,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sainsburys-bank-and-santander-pass-the-buck-when-i-fall-victim-to-id-fraud\/","url_meta":{"origin":86966,"position":2},"title":"Sainsbury\u2019s Bank and Santander pass the buck when I fall victim to ID fraud","date":"May 25, 2018","format":false,"excerpt":"\r The fraudulent loan is still showing on my credit record months later and neither bank seems botheredLast year I was the victim of identity fraud. When checking my credit report, I discovered a current account at Santander I had not applied for. The fraudster had taken out a loan\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":149990,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-eases-mortgage-rules-so-it-can-lend-up-to-35000-more\/","url_meta":{"origin":86966,"position":3},"title":"Santander eases mortgage rules so it can lend up to \u00a335,000 more","date":"March 28, 2025","format":false,"excerpt":"\r Bank cuts its stress testing rate for home buyers after FCA urged lenders not to be \u2018unduly restricting\u2019Business live \u2013 latest updatesOne of the UK\u2019s largest mortgage lenders has relaxed its rules and will offer some borrowers up to \u00a335,000 more to fund their home purchases.Santander said it had\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131763,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-cut-mortgage-offer-because-i-was-pregnant\/","url_meta":{"origin":86966,"position":4},"title":"Santander cut mortgage offer because I was pregnant","date":"November 23, 2022","format":false,"excerpt":"\r Its terms and conditions state it does not discriminateI am eight months pregnant and have had a joint mortgage application rejected after being asked by a Santander customer services agent if I was expecting a child. We currently have a mortgage with Santander and were hoping to port it\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170488,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/santander-launches-98-mortgage-for-first-time-buyers-with-strict-rules\/","url_meta":{"origin":86966,"position":5},"title":"Santander launches 98% mortgage for first-time buyers \u2013 with strict rules","date":"February 4, 2026","format":false,"excerpt":"\r High street bank breaks traditional 95% limit, but experts say take-up will be limited by exclusions on flats and new buildsOne of Britain\u2019s biggest banks has launched a mortgage that lets first-time buyers borrow up to 98% of the property\u2019s value \u2013 but experts said the \u201cvery strict\u201d rules\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\/86966"}],"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=86966"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/86966\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=86966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=86966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=86966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}