Councils using ‘Intelligence’ to track down low EPC properties and fine £5,00015:08 PM, 29th March 2021
About 2 weeks ago 36
I am just in the process of agreeing a mortgage on a BTL property, and had been heading for a 5 year fixed rate, as these seem such incredibly good value at the moment. But thinking of the principle of frequent refinancing to release equity, I wonder if this is a false move to fix for this period …?
I guess this is what everyone in the mortgage market is constantly gambling on!
When you look at the 2 year deals currently, they are so cheap compared to a while ago, and especially as refinancing costs can be offset against tax, is it always best to go for shorter term, 2 year rates if you are wanting to release equity often …???
Your thoughts will be very much appreciated
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