8 January 2018

Interest rate rise– the aftermath

The increase in the Bank of England’s base rate from 0.25% to 0.5% at the beginning of November represented the first rise in rates in over a decade. Most lenders swiftly announced that they would be passing on the full increase to their variable rate mortgage borrowers. Low interest rates have been a major characteristic […]

8 January 2018

Buy-to-let landlords raising rents as tax changes bite – tenants beware

The last few years have been a boom time for buy-to-let landlords, with rental properties in high demand. However, in 2015 the then Chancellor, George Osborne, introduced measures that he hoped would ‘level the playing field’. To deter more buy-to-let landlords from entering the market and encourage some to sell their properties, he restricted the […]