The annual house price inflation in the UK fell over the past year from 13.8% to just 0.6% as of July 2023. Here, I’ll examine why. Inflation Inflation in the UK currently stands at 6.7%. High inflation has been caused by: Bank of England Base Rates The Bank of England has increased base rates 14 times … Read More “UK House Price Inflation Drops to 0.6%” »
Tag: Mortgage
A friend recently said she was thinking about investing in a buy-to-let property. This is where you buy a property such as a house or flat and rent it out. She asked me for some guidance, given my experience as a landlady. This is what I told her. Things to consider before taking the plunge Securing … Read More “Invest in Buy-To-Let Property?” »
This is how you could, with all the best intentions in the world, walk yourself into having a financial heart attack when paying off your mortgage. Your outstanding mortgage Let’s say you: Your available cash You’ve just moved jobs and got a pay rise. After calculating income and expenses you realise you are in a … Read More “Paying Off Your Mortgage Could Give You A Financial Heart Attack” »