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Green mortgage info boost for landlords using stats service

Landlords who use the Moneyfacts service to help find the most competitive offers on the mortgage market can now benefit from additional functionality on its website.

Moneyfacts - an independent mortgage market monitor - has enhanced both its residential and buy-to-let mortgage analysers allowing speedier identification of the latest green mortgage products.

A statement from Moneyfacts says its new filter facility provides product comparison data for 525 green residential mortgages and 302 green buy-to-let mortgages; the data and analysis are updated throughout the day. 

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“The UK’s green mortgage market is gaining momentum and mortgage providers are continuing to launch new and innovative green products at an ever-increasing rate” says Darren Cook, head of analyser products at Moneyfacts.

“Green mortgages have now become a significant part of the mainstream mortgage market, with new products regularly appearing with a variety of different green characteristics tailored towards improving the energy efficiency of a homeowner’s property.

“The latest update to our residential and buy-to-let mortgage analysers is another innovation that combines the ability to perform market-leading detailed searches, state-of-the-art analysis, and expert comparison reporting.”

Cook claims the updated service is aimed at improving user experience and supporting providers with wider data coverage and improved accuracy.

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    With interest rates rising so fast there is only one thing to consider when taking out a mortgage - the rate!

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    With interest rates rising so fast, and more increases to come, not the time to be taking on debt

     
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    Agreed, With everything which is going on long term fixed Rates with penalties if you try to leave early may not be the best option. As soon as we cannot use section 21 and a tenant , has a tenancy for life It is probably going to be eye watering costly to get your property back . At the moment we have no idea if being a landlord will be sustainable

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