Mortgage costs increase 20/09 homeowners pay an average of 12% more for their mortgage compared to a year ago, according to cheltenham & gloucester c&g. Over the past year, with the annual rate of house price inflation below 20% for the first time in six months. Prospective buyers have taken heed following three rate rises in four months, and there are fewer people registering with estate agents. It says, with four interest rate rises this year, borrowers could see their interest payments rise by around 20% to 25%.

Average annual rental income rose by 3. 3. The south east saw the biggest fall in the rate of growth. Economists said that the five interest rate hikes since november 2003 have slowed the market down but a crash still seems unlikely.

Back to top interest rates held at 4. 5. Last month, taking the annual rate of property price growth to 7. 95. Currently two- year fixed rates start at 5. 19. We expect this slowdown partly as a result of the five rate rises that have occurred since last november.

Back to top buy- to- let rate tarts stung by incentives - 01/0. The cost of transferring mortgage funds can be inflated by more than 850% by some lenders, according to brokerage, john charcol. Mortgage experts said rates could be almost one percentage point higher than on a typical mortgage. And first- time buyers were looking at properties with an average value of £128, 106, down 1. 7.