{"id":98555,"date":"2018-09-26T11:52:32","date_gmt":"2018-09-26T04:52:32","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-your-first-home-youll-need-to-spend-700-a-week-on-your-mortgage-report-says\/"},"modified":"2018-09-26T12:03:13","modified_gmt":"2018-09-26T05:03:13","slug":"want-your-first-home-youll-need-to-spend-700-a-week-on-your-mortgage-report-says","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/want-your-first-home-youll-need-to-spend-700-a-week-on-your-mortgage-report-says\/","title":{"rendered":"Want your first home? You'll need to spend $700 a week on your mortgage, report says"},"content":{"rendered":"


\nA typical Auckland first-home buyer would need take on a $600,000 mortgage and pay more than $700 a week just to get a foothold in the market.That’s according to financial website interest.co.nz’s latest Home Loan Affordability…
\n
\nSource : nzherald.co.nz\/Property
\nRead more…Want your first home? You’ll need to spend 0 a week on your mortgage, report says<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A typical Auckland first-home buyer would need take on a $600,000 mortgage and pay more...<\/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-98555","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-pDB","jetpack-related-posts":[{"id":140914,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sleepless-nights-uk-homeowners-fear-impact-of-2024-mortgage-timebomb\/","url_meta":{"origin":98555,"position":0},"title":"\u2018Sleepless nights\u2019: UK homeowners fear impact of 2024 mortgage timebomb","date":"January 4, 2024","format":false,"excerpt":"\r Some of those whose lower fixed deals will end tell of their fears at having to find hundreds of pounds extra per monthHomeowners face \u00a319bn rise in mortgage costs as fixed-rate deals expireJodi, 42, a teacher from Kent, is among millions of homeowners who are yet to be affected\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":171170,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/new-mortgages-up-by-800-a-year-amid-trumpflation-from-iran-war\/","url_meta":{"origin":98555,"position":1},"title":"New mortgages up by \u00a3800 a year amid \u2018Trumpflation\u2019 from Iran war","date":"March 17, 2026","format":false,"excerpt":"\r Nearly 700 deals pulled in two weeks and only a few fixed-rate products below 4% are available, says MoneyfactsBusiness live \u2013 latest updatesBritons taking out a new home loan face paying nearly \u00a3800 a year more on average than before the Iran war as \u201cTrumpflation\u201d pushes up UK mortgage\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":93891,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/im-65-and-my-interest-only-mortgage-is-ending-what-can-i-do\/","url_meta":{"origin":98555,"position":2},"title":"I'm 65 and my interest-only mortgage is ending \u2013 what can I do?","date":"July 16, 2018","format":false,"excerpt":"\r I still owe \u00a3112,000 and I want to stay in my house, not sell up to pay it off Q I\u2019m 65 and single and still work part time earning \u00a323,000 a year (\u00a31,560 monthly) on top of my private pension of \u00a3550 and state pension of \u00a3700 (both\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":141785,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-homeowners-with-mental-health-problems-spend-less-on-essentials-to-pay-mortgage\/","url_meta":{"origin":98555,"position":3},"title":"UK homeowners with mental health problems \u2018spend less on essentials to pay mortgage\u2019","date":"January 26, 2024","format":false,"excerpt":"\r Charity set up by Martin Lewis says up to 1.3m people forced to cut back on food, energy and even medicineHomeowners with mental health problems are more likely to have cut back on food and energy to keep on top of their mortgage payments, a charity set up by\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117350,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/buying-your-first-home-home-just-got-even-harder-patrick-collinson\/","url_meta":{"origin":98555,"position":4},"title":"Buying your first home home just got (even) harder | Patrick Collinson","date":"June 22, 2020","format":false,"excerpt":"\r With Nationwide withdrawing its 95% mortgage, first-time buyers now need rich, generous parentsTenants in England are paying private rents averaging \u00a3700 a month, according to official figures this week. Yet with interest rates at super-low levels, \u00a3700 a month is enough to meet the monthly payments on a \u00a3190,000\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":17656,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/the-interest-only-mortgage-is-back-but-youll-need-to-clear-a-few-hurdles\/","url_meta":{"origin":98555,"position":5},"title":"The interest-only mortgage is back, but you\u2019ll need to clear a few hurdles","date":"June 25, 2016","format":false,"excerpt":"\r First-time buyers will benefit from lower monthly payments, but they will need to have a repayment strategyThey almost became extinct in the wake of the credit crunch, and were once branded a \u201cticking timebomb\u201d by the City regulator. However, interest-only mortgages have begun moving back into the mainstream.This week\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\/98555"}],"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=98555"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/98555\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=98555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=98555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=98555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}