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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...
Some savings accounts pay interest on your savings monthly. Generally speaking you can either have this interest added to your account balance, or have it paid in to another savings or current account (although some monthly income accounts will only allow interest to be paid into another account).
An account that pays monthly interest is suitable for you if you use interest from your savings to supplement your monthly income. If you can afford to not have access to your savings, some Fixed Rate Bonds offer a monthly interest option, which may pay higher than a variable rate monthly interest account.