Interest Rates Have Risen To 2.25% – What does This Mean For UK Property Investors

Interest Rates Have Risen To 2.25% – What does This Mean For UK Property Investors

15:30 PM, 23rd September 2022, About 2 months ago 2

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Interest Rates have risen by half a percent, to 2.25%. What does this mean for UK property prices and our housing market and how will this affect property investors?

How high will interest rates even go?

What should you do now with your existing buy to let properties?

Stay tuned.



Comments

Patricia Hodgson

11:57 AM, 24th September 2022, About 2 months ago

Really interesting thank you

wyn kyaw

22:57 PM, 24th September 2022, About 2 months ago

The 2-year gilt yield hit 4% now. BOE base rate needs to increase up to 4% minimum not to fall behind the curve. BOE rate will be at least 5% next year. According to Taylor's rule, if BOE has a stronger will to tame inflation, the central bank rate needs to be above 2% above inflation.
Many businesses' net income will be reduced. If they don't have a high-interest cover ratio, there will be more defaults. Many households' 2 year fix rate will end the mid-next year 2023. Many will see hike in borrowing costs.

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