mortgagespecialist

Be prepared for soaring mortgage costs, warns OBR

Be prepared for soaring mortgage costs, warns OBR

Buried deep in last week’s avalanche of Budget paperwork was a stark warning to the UK’s millions of 🏠homeowners with outstanding mortgages – be prepared for a big leap in mortgage costs.Figures show the Office for Budget Responsibility – the public body responsible for ensuring independent ✔️economic forecasting and analysis of the public purse – …

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https://californianewstimes.com/lenders-raise-uk-mortgage-rates-as-inflation-fears-take-hold/573923/

Lenders raise UK mortgage rates as inflation fears take hold

British banks🏦 and building-and-loan unions have started to raise mortgage rates in reaction to rising expansion, marking the end of a period of ultra-low borrowing costs and building on them. Pressure Around family👪 budget. HSBC and NatWest will raise interest rates on settled rate transactions on Thursday, and Barclays will take after on Friday. There …

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Interest Rate Rise

What does an interest rate rise mean for mortgages?

One of the biggest concerns around a rise📈in intrigued rates is the potential affect on the cost of mortgages.Property holders with tracker mortgage 🤝🏻 deals ought to see a quick change to their monthly installments, as their rate is specifically pegged to interest rates.In due course, a rate rise will nearly certainly affect mortgage holders …

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Here’s how we help property investors and landlords 👇 🏡 We can save you £1000’s on your mortgage🏡 We never charge broker fees🏡 We provide a free consultation to fully assess your unique situation🏡 We complete and track your application from start to finish for you🏡 We’re a highly qualified team with decades of experience🏡 …

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