Buy-to-let investors already hit by tax relief changes face a further squeeze on profits now interest rates have risen, but one landlord of seven homes has locked in his mortgage rate to help battle rising costs.?

The Bank of England increased Bank Rate?from 0.25pc to 0.5pc this week with many saying this will mark a reversal of the previous?trend,cheap jordans free shipping, which has seen mortgage rates fall to record lows over the past decade.

Data from financial research firm Moneyfacts suggests buy-to-let mortgage rates have already begun to swing upwards,jordan shoes,http://www.jj-port.com/dlsynews/guestbook.aspcheapjordanshoesfreeshipping.com/bolg, while almost half of mortgage lenders had?increased rates before the Bank’s announcement.

All of this is bad news for landlords,cheap jordans for sale, who are already feeling the bite of tax relief?changes made last year.

This year buy-to-let investors have only been,cheap jordans online?able to offset 75pc of their mortgage interest payments from their profits for tax purposes,cheap real jordans. By 2020 this figure will,cheap retro jordans...


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