7 steps to help combat rising mortgage rates 🥊

7 steps to help combat rising mortgage rates 🥊

#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

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.

1️⃣ Book in a fixed rate deal in advance
2️⃣ Opt for a longer mortgage term
3️⃣ Overpay your mortgage
4️⃣ Cut back in other areas
5️⃣ Pay less for your property
6️⃣ Save a bigger deposit
7️⃣ 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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#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk

#CAVENDISHEXPERTS! The logical choice for Lettings, Sales and Property Management in Nottingham | Cavendish Residential | One Fletcher Gate NG1 1QS | 0115 941 0656 | www.cavendishproperty.co.uk