Buy-to-let borrowing costs soar

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Buy-to-let fixed rates are rising due to the unrest in the Middle East, data from Moneyfacts has revealed. The average 2-year fixed rate is at 5.40%, its highest level for a year. Meanwhile the typical 5-year fix is at its highest level for two years, at 5.91%. Rachel Springall, finance expert at Moneyfactscompare.co.uk, said: “Soaring […]

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