Rates on buy-to-let mortgages are set to rise in coming
months, a study has warned. Landlords,
along with other buyers, have benefited from the Government's Funding for
Lending Scheme in the past year with the cost for a five-year fixed rate for
those with a 25pc deposit tumbling from 6pc to just over 5pc, including fees.
But the report, published by Mortgages for Business, warned that comments from
central bankers about improvements in the economy had moved money markets
enough to force a rise in the rates offered to landlords. Read more on the
Daily Telegraph website.
The Land Trap by Mike Bird review – ground down
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A masterful introduction to the economics of our most basic asset
‘The landlord is a gentleman who does not earn his wealth … his sole
function, his chie...
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