Should you fix your mortgage for two-years or opt for a tracker rate?
Borrowers are reluctant to lock in for five years at sky-high rates - but is it better to opt for a two-year deal or a potentially riskier tracker?
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Borrowers are reluctant to lock in for five years at sky-high rates - but is it better to opt for a two-year deal or a potentially riskier tracker?
Property – it’s one of Britain’s best-loved investments. A pension plan for many, it provides the benefit of regular rental income, as well as capital growth in the long run, providing an ultimate pay-off after years of monthly payments when sold.
One leading mortgage broker also believes the UK will not return to the era of sub-2% mortgages and that rates will remain as high as 4% for the next decade
Mortgage rates are soaring in Britain. Homeowners, would-be owners and renters are all feeling the impact. Experts weigh in on what's next.
Homeowners' mortgage rates have spiked following successive rises in the Bank of England's base rate - but that is not the only factor dictating what they pay every month.