What impact does a shrinking UK economy have on mortgage rates and property financing options for investors?
Quick Answer
A shrinking UK economy typically leads to lower Bank of England base rates in response, which can cause mortgage rates to fall. However, lender caution might increase, affecting financing accessibility.
About This Topic
Discover how a shrinking UK economy impacts mortgage rates and property financing for investors, including lender caution, base rate changes, and financing options.
This question is part of our Financing & Mortgages category, providing expert guidance on UK property investment.
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