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Since 2021, BTL mortgage rates have surged from an average of just 1.65% in October 2021 to 5.72% in October 2023 Monthly interest costs have surged by 283% since 2021 for landlords using interest-only mortgages, while t Visit Landlords feel impact of rising rates (https://www.investforproperty.co.uk/landlords/landlords-feel-impact-of-rising-rates/)
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