News

Mortgage rate rises sees landlords increasing rents

Seven in ten (68%) landlords plan to raise rents if their mortgage rate goes up when they come to remortgage, according to a new survey.
The mortgage platform, Landbay, revealed almost half (44%) of landlords said they expect to increase rent by 6-10%…

Increased mortgage stress tests will push up rents, MPs told

Not only will rents rise but tenants will find it more difficult to find homes over the next year or two as landlords will be struggling with higher mortgage rates, MPs have been told.
At the Commons Treasury Committee

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