Tag: mortgage rates
The legal aspects of taking in a lodger
With interest rates and mortgage rates continuing to rise, taking in a lodger can be an attractive option for homeowners looking to make a regular monthly income. However, it is important to approach the situation cautiously. There are a number of points that you need to be clear on and you will need to check...
1.4 million fixed-term mortgages set to expire in 2023
With 1.4 million fixed-term mortgages set to expire in 2023, we take a look at what this means for borrowers. For 1.4 million home owners whose fixed-term mortgage is due to expire in 2023, their mortgage payments are likely to rise substantially. The Office for National Statistics (ONS) says that 57% of the UK’s fixed...