7 steps to help combat rising mortgage rates 🄊

7 steps to help combat rising mortgage rates 🄊

#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.

1ļøāƒ£ Book in a fixed rate deal in advance
2ļøāƒ£ Opt for a longer mortgage term
3ļøāƒ£ Overpay your mortgage
4ļøāƒ£ Cut back in other areas
5ļøāƒ£ Pay less for your property
6ļøāƒ£ Save a bigger deposit
7ļøāƒ£ 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 |Ā 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