Although most landlords will be on fixed rate mortgages, those suffering because of recent interest rate rises have some good news from wealth management firm Quilter.
It predicts that monthly mortgage payments could fall by around 25 per cent by the end of the year.
The latest government house price index data shows that in November 2022, the average UK property cost £294,910. During the same period, mortgage rates peaked at around 6.0 per cent in the aftermath of the mini-budget.