{"id":95907,"date":"2018-08-13T00:04:42","date_gmt":"2018-08-12T17:04:42","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-hidden-traps-in-british-equity-release-mortgage-products\/"},"modified":"2018-08-13T01:03:44","modified_gmt":"2018-08-12T18:03:44","slug":"beware-hidden-traps-in-british-equity-release-mortgage-products","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-hidden-traps-in-british-equity-release-mortgage-products\/","title":{"rendered":"Beware hidden traps in British equity release mortgage products"},"content":{"rendered":"


\nTwo key ways lenders can lose out are longevity and a fall in house prices
\n
\nSource : ft.com
\nRead more…Beware hidden traps in British equity release mortgage products<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Two key ways lenders can lose out are longevity and a fall in house prices ...<\/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-95907","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-oWT","jetpack-related-posts":[{"id":103392,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buyer-beware-dont-inflate-your-income-to-get-a-mortgage\/","url_meta":{"origin":95907,"position":0},"title":"Buyer beware! Don\u2019t inflate your income to get a mortgage","date":"January 27, 2019","format":false,"excerpt":"\r It\u2019s one of the things that could lead to a refusal, making it harder to get a future loan Homebuyers have been warned to avoid inflating their income when applying for a mortgage, which can lead to their application being rejected. New figures show that one in six homeowners\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131565,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-mortgages-could-equity-release-help-with-rising-costs\/","url_meta":{"origin":95907,"position":1},"title":"UK mortgages: could equity release help with rising costs?","date":"November 12, 2022","format":false,"excerpt":"\r Record numbers of older people are freeing up money from their homes \u2013 but doing so does have its drawbacksAn increasing number of older people are considering dipping into the value stored in their homes to help with the UK\u2019s cost of living crisis.Some want cash to upgrade their\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":4732,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/women-warned-to-beware-pregnancy-pitfalls-when-applying-for-a-mortgage\/","url_meta":{"origin":95907,"position":2},"title":"Women warned to beware pregnancy pitfalls when applying for a mortgage","date":"November 22, 2015","format":false,"excerpt":"\r New affordability rules mean some firms will ask questions about changes in incomeNew parents who apply for mortgages from some of the biggest lenders are being asked to prove that they are going back to work before their income can be included in affordability checks.Questions posed by the Observer\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":131414,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/is-equity-release-an-option-when-my-mortgage-fix-ends-or-am-i-too-young\/","url_meta":{"origin":95907,"position":3},"title":"Is equity release an option when my mortgage fix ends or am I too young?","date":"November 7, 2022","format":false,"excerpt":"\r I am 60 next year and the outstanding mortgage on the \u00a3300,000 property is \u00a3150,000Q Should I explore equity release when my two-year fixed-rate deal (on my 15-year repayment mortgage) comes to an end? I am 60 next year and intend to work until I am 67. I have\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116475,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equity-release-debt-is-growing-can-i-apply-for-mortgage-holiday\/","url_meta":{"origin":95907,"position":4},"title":"Equity release debt is growing \u2013 can I apply for mortgage holiday?","date":"May 18, 2020","format":false,"excerpt":"\r Reader thwarted by lockdown from selling mother\u2019s home to pay for her care home costsQ My mother took out a lifetime mortgage for equity release in 2011. The amount borrowed was nearly \u00a3100,000 (about half the value of her home at that time) at a rate of interest of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beware-the-airbnb-guests-who-could-end-up-costing-you-your-home\/","url_meta":{"origin":95907,"position":5},"title":"Beware the Airbnb guests who could end up costing you your home","date":"April 2, 2016","format":false,"excerpt":"\r The rise in popularity of sites such as Airbnb has been incredible, but renting out your house is likely to be a breach of your mortgage terms, meaning charges or rate rises \u2013 or worseIt was one of the budget\u2019s most eye-catching giveaways: a tax break for people who\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\/95907"}],"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=95907"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/95907\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=95907"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=95907"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=95907"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}