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Buy-to-let suffered a more pronounced low than the mainstream mortgage market in 2009, as the full impact of the financial crisis revealed itself. But now it seems that the sector is making something of a comeback. This week, moneyfacts.co.uk released figures that revealed that the number of buy-to-let mortgages available had precisely doubled from 243...
If you’re looking for a high interest savings account that’s not a Fixed Rate Bond, chances are that the best savings rates you’ll see will have an introductory bonus. The bonus forms part of the interest rate for a time (usually for up to 12 months of you opening the account).
The bonus part of the rate is normally fixed, but it’s worth remembering that your interest rate can still go down or up in this time, as the underlying rate will be variable.
Because the bonus is only paid for an initial period when you take out the account, you should review your account when it expires and if necessary move, in order to continue to get the best return on your savings.