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Demand for rental properties jumps as potential buyers delay

Demand for rental properties jumps as potential buyers delay

Demand for rental housing has surged as first-time buyers desert the real estate market due to exorbitant mortgage rates. According to Rightmove, a real estate website, the number of people inquiring about rental properties was 23% higher in October than in the same month last year. Many first-time buyers are considering renting as a short-term …

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20 things you need to know about the housing market right now

20 things you need to know about the housing market right now

A fixed rate mortgage provides certainty about monthly repayments, but with rates so high, an adjustable rate mortgage might be a way to go, at least temporarily. These are normally priced at 1% above the Bank of England base rate. According to Money Saving Expert, the cheapest tracker mortgage is currently 2.95%. “If you’re having …

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