What are the key interest rate forecasts in the latest Bank of England report and how will they impact my buy-to-let mortgage payments?
Quick Answer
The Bank of England's base rate, currently 4.75% as of November 2024, directly influences BTL mortgage rates, typically between 5.0-6.5%. This means higher monthly payments for those on tracker or new fixed-rate mortgages.
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Learn how the Bank of England's 4.75% base rate (Nov 2024) impacts your buy-to-let mortgage payments and what actions landlords should take.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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