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  • Buy-to-Let

    Interest rates over the next 5-10 years?



    Dear Tribers

    As you all know the interest rates have been very low for over 10 years, can we expect the same for the next decade?

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    I haven't a clue what they are going to do

    But Unless I am on a very low tracker I fix  for as  long as I can

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    Learn Change and Adapt ?????

    All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.

    Depends if Corbyn gets in power. He will borrow a lot so interest rates will rise. Although I don’t think he will become PM. Also inflation my go up with Brexit. I have heard that they will probably eventually rise to 5%.
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    "Although I don’t think he will become PM"

    I do hope you're right.

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    The stats say the public prefer a no deal Brexit to a Corbyn government and I don’t think many are keen on no deal. What do you think?
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    Anyone who tells you they can predict that is lying. 

    We can go off fhe banks who as per the 10 year fixes think they will remain low... 

    However do they know? 

    I would suggest not. In the mid 2000s i got a tracker charging 1% below the bank of england base rate for term. Clearly their assumption was rates would remain above 4% for term
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    I’m working the assumption they will go up by at least a few points.

     I’d be very pleasantly surprised if they stayed around the current low.
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    Unfortunately long term fixed rates are not really indicative of the long term prospects of interest rates. Long term fixed rates are sourced by the banks from the money market as tranches.

    Fixed term/interest investments are sold and those are what back fixed rates. So whilst it can be used to measure the short term view of what the interest rates will do it is no better than a long term weather forecast. 

    Banks themselves have no idea what rates will do, in fact don't really care as they don't carry the risk as it is not them who set the rate it is the appetite for the investment on the part of the investors.

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    Landlord with 25 years’ experience in the property market and a specialist in tenant referencing, ID and credit screening. Creator of identity, credit and anti-money laundering system ValidID.co.uk


    one of the Scandinavian countries just announced the 1st negative intetest rate mortgage. Basically they will reduce your mortgage by more than your monthly payments  each month. So things are still going lower, but for how long?
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