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What’s Happening to Mortgage Rates? Mortgage rates are on the rise again, with the Bank of England continuing to increase interest rates to combat high inflation. The Bank of England’s base interest rate is now at 5%. The future outlook does not look to bright either, with analysts now predicting that interest rates will peak…
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Jun
Jun
Environmental Considerations are Here to Stay. There has been a lot of talk about the energy efficiency of properties in the UK expat and foreign national mortgage market in recent times. This is largely in response to the incoming legislation around EPC ratings for UK rental properties, making it vital for current and would-be investors…
20
Jun
Jun
A great way to combat rising mortgage rates is for UK expat and foreign national investors to make overpayments on their mortgage. In the last three months of 2022, UK homeowners made record overpayments on their mortgages – £6.7 billion. This is likely as a result of homeowners’ fears about rising mortgage rates.
19
Jul
Jul
The housing market is changing once again. As instructions increase, it seems like 2022 will be the ‘summer of sales’, a change that can only benefit UK expat and foreign nationals who will profit from the increased choice while looking to invest in UK property. ‘Summer of Sales’ Begins to Bite. Much of the discussion…