borrowing

Bank Of England

Property industry reacts as BofE increases interest rates

CEO of Alliance Fund, Iain Crawford, commented:

“The latest inflation figures suggest that the Bank of England’s aggressive tactics are starting to yield results, with the level of inflation falling marginally between October and November.

With this in mind, some may feel that a further festive hike ahead of the Christmas break is perhaps a tad Scrooge like. However, the...

Buy-to-let

Buy-to-let mortgage payments increase by 286% in one year

The latest mortgage market analysis by specialist property lending experts, Octane Capital , reveals that buy-to-let landlords are facing a tougher time securing finance due to a significant reduction in product choice and rising mortgage rates.

The debate around rising mortgage rates has so far been centred around the strife facing homeowners and families, but it’s also had an...