I have a small holiday home in Spain that I have decided to sell, how do I go about doing this and what do I need to know? By Ruth Jackson Kirby, Financial Mail On Sunday published: 4:51 PM EST, July 9, 2022 | Updated: 06:45 EST, July 10, 2022 I have a small holiday … Read more
With inflation rising and a possible recession looming, owners close to finalizing fixed-mortgage deals will brace their monthly costs to rise — in some cases by more than double. The average two-year buy-to-let fixed mortgage deals are up 1.63 percentage points from where they were two years ago, according to Moneyfacts. The cheapest buy-to-let interest … Read more
Landlords in need of new fixed mortgages may struggle to find them, as large segments of lenders closed deals after the pound’s sharp fall in value this week. There are also concerns about loans returning to the market at much higher interest rates, with figures This is Money seeing showing an increase of nearly 1 … Read more
Landlords have been warned to prepare for high mortgage rates that will force many to sell – or create financial misery for tenants as rents increase. The increases could put pressure on the hundreds of thousands of landlords who have invested in buying-to-let properties for income in old age. Last week, more than 1,000 mortgage … Read more
Average rent asking prices outside London hit a new high of £1,162 per month in the third quarter of this year, jumping 3.2 per cent over the previous three-month period and 11 per cent a year ago, according to Rightmove. This is only the third time ever that rents have risen more than 3 percent … Read more