7 steps to help combat rising mortgage rates π₯
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As the cost of borrowing increases, there are steps buyers and homeowners can take to help keep mortgage payments manageable...
Higher mortgage rates are not good news for homeowners and homebuyers, but there are steps you can take to help offset the increase.
1οΈβ£ Book in a fixed rate deal in advance
2οΈβ£ Opt for a longer mortgage term
3οΈβ£ Overpay your mortgage
4οΈβ£ Cut back in other areas
5οΈβ£ Pay less for your property
6οΈβ£ Save a bigger deposit
7οΈβ£ Consider renting out a room to a lodger
For full details of each step above, read Zoopla's article in full by clicking here.
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