Want to create an interactive transcript for this episode?
Podcast: The Property Podcast
Episode: ASK343: Is it time for fixed-rates? PLUS: How do I increase the rent?
Description: Rob & Rob are back to answer more of your questions!
The Bank of England have been increasing interest rates, and there’s no signs of this slowing down anytime soon – that's why Tom wants to know what he should do about his mortgage.
One of Tom’s properties is on a 5-year variable rate mortgage with the possibility to leave at any time with no fees.
With the potential for interest rates to continue to soar Tom wants to know “Is now the time to switch to a fixed-rate mortgage?”.
Next up, we’ve got a...