Investment News – SVR reversal causes for Skipton Building customers

Investment News – SVR Reversal

The question on everyone’s lips is: Should small prints be made bigger? Customers from Skipton Building Society are fuming after news broke that their SVR ceiling will be scrapped. The building society previously promised its borrowers that the SVR would never be more than 3% above the Bank of England base rate. But on this occasion, due to “exceptional circumstances”, they break their promise and refer their customers to the small prints.

More house price predictions – this time Rightmove talks about your thoughts. Find out how your feedback compares to expert’s? We’ll take a look at whether it’s time to fix your mortgage as we’re warned of the effect of rising inflation on mortgage.

There’s great investment news for landlord – find out how supply and demand will affect your rental income. And more good news as LTV increase to an average 70%, so what’s predicted for the coming months.

Lastly, Happy Australia Day! And as always if you have any questions or want to have a chat about current opportunities call the team on +44 (0)207 923 6100

Live with passion,

Brett Alegre-Wood

About the Author

Brett has over 20 years experience in all facets of property, he owns various companies centred around property and is the driving force behind the education and training at Gladfish. His companies have sold over £850 million in UK and London property and he manages over 1200 properties through his estate agency chain. Today he shares his time between UK, Australia and Singapore. He is married to Arlene and together they have 4 kids.

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