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News

Increasing BTL mortgage costs will ‘put the market under pressure’

The recent rise in the Bank of England base rate will put the BTL market under pressure, one broker says.
Property Master says that with BTL mortgage costs set to increase further after the base rate hike, landlords need to look at the products availab…

Why a rent freeze in England just took a giant step forwards

Where to begin? With the media buzzwords? With various organisations calling for a rent cap in England? Or the real reason a rent freeze is coming which was revealed on Thursday (which I will come to)?
Leaving aside that there is a perfect storm brewing

The Bank of England base rate rise – industry reacts

Reaction from the worlds of property and finance was swift after the Bank of England announced that its base rate would increase to 3%.
That means lending for landlords looking for a new mortgage deal just got more expensive.

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