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Assets For Life Hub

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Rising Interest Rates!
Is it ok to ask for advice on here regarding one of our buy to let properties? Its regarding interest rising and our 5 year fixed buy to let mortgage ending in June 2027, this could mean that the mortgage could double.....should we sell ? Or is there an alternative...husband has started to panic already!! Grateful for any advice or thoughts.
1 like • 14d
@Peter Donald Hi Peter, we were flipping property but I got very tired with it all so decided to keep the last one which was originally an HMO that we then split into a three bedroom house a 2 bed maisonette and a shop (shop was already in situ) they all have there own deeds now, im really not sure about selling the 3 bed but as we have a 149k interest only mortgage my Hubby doesn't see a future in it and thinks it could be our downfall!
0 likes • 14d
@Juniper Beauty thank you for your reply. It's hubby that is good at crunching figures (I tend to do everything else ! lol) He is looking at the worst case scenario going by predictions online re interest rates. My view is that it could all change again before June 27 and I don't want to panic. I think really we should talk to someone in finance to get their opinion.
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Wendy Read
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3points to level up
@wendy-read-1535
My husband and I currently have 3 letting properties, would like to sell one, pay off mortgage then buy and flip one for a bigger and quicker pay day

Active 14d ago
Joined Apr 17, 2026
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