How to keep your mortgage payments low as interest rates rise
Rising interest rates pose a threat to your mortgage, but it’s not all bad news. Here are some ways to secure a better rate.
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Rising interest rates pose a threat to your mortgage, but it’s not all bad news. Here are some ways to secure a better rate.
The property market boomed last year, including the buy-to-let (BTL) sector. According to UK Finance, BTL purchase activity increased to £18bn in 2021 — up by a colossal 83% on activity in 2020. Meanwhile, Shawbrook Bank’s Buy-to-Let Report 2021 found the value of the private rented sector grew by 5.8% in 2021, to
Many buy-to-let (BTL) professionals are upbeat about prospects for the market following a strong 2021. Experts to whom Mortgage Strategy spoke referred to the good availability of mortgages, loosening criteria and low rates as reasons for their optimistic outlook. That positivity is despite toughening tax conditions
Cheapest deals £500 more expensive than in January
Higher bills and impending tax rises will lock borrowers out of the market