How do new buy-to-let mortgages tracking the Bank of England base rate impact my current variable rate mortgages or refinancing decisions?
Quick Answer
Buy-to-let mortgages linked to the Bank of England base rate directly affect variable rate repayments. With the base rate at 4.75%, these tracking mortgages mean immediate changes to landlord costs, making refinancing decisions vital to manage cash flow and risk.
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This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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