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 Reversal 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 on SVR Reversal 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 on SVR Reversal or want to have a chat about current opportunities call the team on +44 (0)207 923 6100 or www.ezytrac.co.uk.
Live with passion,
Brett Alegre-Wood
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