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I quit my corporate job to go self-employed & live in an 8ft caravan – it feels huge & I'm saving to buy my own land
I quit my corporate job to go self-employed & live in an 8ft caravan – it feels huge & I'm saving to buy my own land

The Sun

timea day ago

  • Entertainment
  • The Sun

I quit my corporate job to go self-employed & live in an 8ft caravan – it feels huge & I'm saving to buy my own land

A WOMAN has revealed how she quit living in a house, swapping it for a caravan instead. Freya, from the UK, took to social media to share the new caravan she and her partner, Charlie, were living in as they saved up their cash to buy their own land. 2 2 Recently, Freya showed off the new caravan they had bought, an Adria Adora which was much larger than their previous home on wheels. The caravan measures 8ft wide and is a four-berth, making it super roomy for Freya, her partner and their pet dog. But Freya hasn't always dreamt of following an off-grid lifestyle as she explained that she once had a corporate job while living with her mum to save for a housing deposit. Now, Freya runs her own business while living out of a caravan as she saves up to buy her own land. Showing viewers around her new home she shared that it also comes with a relatively large kitchen and living room area which had lots of secret storage hidden away. Most importantly for Freya, she now had a full-sized fridge. She said: "I was so excited about this. Look at all that room and a huge freezer as well. "There's also a cupboard at the top and the bottom of the fridge. So plenty of space, don't have to have Charlie's beers on the floor anymore." She also pointed out that the bed was a lot bigger than they expected as it was a queen-size and also had storage space underneath. Above the bed, the caravan has USB ports to plug your phone into as well as a little spotlight for reading. I bought a £26k caravan, trolls say it's a mistake but my bank account disagrees Most importantly, Freya said they went for this type of caravan as they are well insulated to stop it from getting damp in the winter. The clip of her new home soon went viral on her TikTok account @ caravanlifewithfreya with over 250k views. Many were in awe of her lifestyle and loved the look of the caravan. One person wrote: "Living the dream, I'd swap my mortgage for this any day." Another commented: "That is amazing, I'm going to look for one of those for me and my family we currently have a compass rally." How much does it cost to live in a caravan? LIVING in a caravan can be an economical and flexible lifestyle choice in the UK. Here's a breakdown of potential costs: Initial Costs Caravan Purchase: £8,000 - £40,000 (depending on size, age, and condition) Caravan Insurance: £200 - £800 per year Ongoing Monthly Costs Pitch Fees: £150 - £600 (varies by location and facilities) Utilities (Electricity, Gas, Water): £40 - £120 Maintenance and Repairs: £20 - £80 Internet and TV: £20 - £50 Gas for Heating/Cooking: £15 - £40 Other Potential Costs Waste Disposal Fees: £8 - £25 Transport Costs (if moving locations): Variable, depending on distance Optional Add-ons (Awning, Solar Panels, etc.): £400 - £1,600 (one-time) Sample Monthly Budget Pitch Fees: £400 Utilities: £80 Maintenance and Repairs: £40 Internet and TV: £40 Gas for Heating/Cooking: £25 Total: £585 Annual Estimated Cost Total Monthly Costs: £585 x 12 = £7,020 Insurance: £500 Maintenance and Repairs: £480 Total Annual Cost: £8,000 Tips to Save Off-Peak Pitch Fees: Look for lower rates during off-peak seasons. DIY Maintenance: Handle minor repairs yourself. Energy Efficiency: Invest in solar panels to reduce utility costs. While initial setup costs can be significant, ongoing expenses for living in a caravan can be relatively low, making it a viable option for those seeking an affordable and mobile lifestyle in the UK. "Just wanted to say your caravan/home is beautiful," penned a third. Meanwhile a fourth said: "Looks amazing, I bet you can save so much money." "Love it, beautiful caravan,' claimed a fifth

Man details the shocking realities of living in a remote tent in the woods after shunning modern life
Man details the shocking realities of living in a remote tent in the woods after shunning modern life

Daily Mail​

time2 days ago

  • Lifestyle
  • Daily Mail​

Man details the shocking realities of living in a remote tent in the woods after shunning modern life

A man who sold his apartment to live in a tent in the woods alone has lifted a lid on his unusual lifestyle - revealing he uses baby wipes to bathe and survives off canned beans. The man, named Keith, who is in his 20s and lives in Australia, explained exclusively to the Daily Mail that the idea dawned on him after years of working tirelessly and still struggling to get by. 'No matter how many hours I worked, I'd still have nothing left at the end of the pay cycle,' he said. 'Sham contracting jobs make you liable for taxes at the end of the year.' As someone who is 'naturally introverted,' he enjoys 'solitude' and being in nature, so four months ago, he decided to leave his home and try living in the forest full time. At first he started by sleeping on the tent floor in a sleeping bag, but when he woke up 'drenched and shivering' he got creative. He bought a stretcher and started resting on that at night - and he now insists he sleeps better than he did at his apartment. 'I can sleep better in the woods than with noisy roommates,' he told the Daily Mail. The only items he has with him are some clothes, a mop to dry the floor of the tent if it rains, his sleeping bag, a portable clothesline, and 10 power banks that he uses to keep his phone charged. He sleeps at 'free legal campsites' and usually stays in the same one for a month before he is required to switch to a different campsite. He has a gym membership and goes once a month to re-charge all of his power banks. As for food, he explained that he lives off tortillas and canned beans. 'Twenty flour tortillas at $5 a pack, along with a $1 can of large canned beans (either kidney, chickpeas, lentils, baked beans) lasts me three days,' he shared on Reddit. 'I also buy high protein soy milk cartons, a carton costs me $3 and I consume them within 72 hours of opening since I don't have refrigeration. 'I also buy around 10 packets of family sized snacks (potato, corn, biscuits) for calorie bulking. 'These cost me around $2.50 each. So about $40 on snacks, plus water costs me $20 for two 24 bottled water packs. I take vitamins C, B12 and iron supplements. 'My bloodwork is normal and my BMI hovers around 19. I used to have Type 2 diabetes but it is now in remission since going on this diet.' He uses baby wipes to bathe 'every few days,' but he 'might use a smidge of hand sanitizer once a week with the baby wipes.' 'I use creek water every week or two with the biofriendly soap. I carry a bucket and bathe on the soil away from the water flow,' he added. He wears his clothes for 'three to six days' before he deems them dirty, and washes them in the river without any detergent. 'I immerse them in the flow, take them out, wring it, and repeat three times,' shared Keith. 'I wash the sleeping bag every few months at a laundromat though.' While his tent is waterproof, he said rain sometimes seeps through the seams and collects on the floor, which is why he sleeps on a raised stretcher off the ground. 'I mop up the water and occasionally spray some disinfectant on the tent fabrics during heavy rain,' he dished. As for how he uses the bathroom, he explained the campsites usually have 'drop toilets,' which are non-flush toilets that utilize a drop hole instead of water to dispose of waste. He told the Daily Mail that he has faced some life-threatening situations over the last four months of living in the woods. He said he was once worried about getting hypothermia after he 'got drenched' and once had a large branch fall off a tree and nearly hit him. 'I try to set up underneath a gap in the canopy for this reason. I also try not setting up right besides the road as a careless driver could run me over at night,' he explained. 'And [thankfully] my area stays above freezing even in winter so I just adapt.' As someone who is 'naturally introverted' he said he 'doesn't need constant social stimulation' and is happy to spend his days going on hikes. He vowed that he doesn't get lonely and is able to stay in contact with his family using his phone. He estimated that his living expenses are only $500 a month, which includes his car registration, insurance, gym membership, phone bill, food, and supplies. He lives off 'savings and welfare' and still works 'a few months in the year' to make some income, and he said the 'main benefit' so far has been cutting out his high rent. 'The benefits of this lifestyle are mainly financial, though being able to go on nice walks through the forest trials in the early morning is an underrated advantage,' he explained. While Keith knows not everyone will understand his lifestyle, in the end, he insisted that he is happier than ever. And he said he could see himself doing it 'indefinitely' as long as nothing goes astray.

Walking towards the light: how solar and hydrocarbons can work together
Walking towards the light: how solar and hydrocarbons can work together

Yahoo

time3 days ago

  • Business
  • Yahoo

Walking towards the light: how solar and hydrocarbons can work together

The big oil and gas (O&G) industry players are relatively new entrants into the renewable energy world but are making serious moves into areas such as solar. In fact, solar power systems have become an essential addition to many remote O&G operations, providing a useful clean energy source for critical infrastructure. Renewable power generation is thus emerging as a key strategy to support the O&G industry's decarbonisation objectives. But how can solar energy and O&G production work together effectively and to their mutual benefit? Blending solar into hydrocarbons From remote monitoring systems to enhanced oil recovery, solar applications are transforming the sector's operational landscape. 'Solar power can be effectively integrated into oil and gas operations, especially onshore/nearshore ones, to offset the fuel usage in electricity generation and heating applications,' says Ravindra Jayant Puranik, oil & gas associate project manager at Offshore Technology's parent company GlobalData. The technology proves particularly valuable in off-grid locations, where 80% of annual energy demand can be met through solar installations. 'If there is land available, financial viability and necessary permits secured, solar can be deployed as a backup power source. Solar installations can provide long-term cost savings by reducing the reliance on diesel generators, especially in remote locations with high fuel transportation costs,' Puranik says, adding that 'depending upon the size of the solar farm, certain pumps used for oil production could operate entirely on renewable power'. Solar-powered remote monitoring capabilities include well site monitoring and control systems, well pumps, gathering centres, pipeline monitoring systems, tank level monitoring and operating security cameras. While the intermittency of solar energy can be a challenge, it can be most effective when deployed along with battery storage solutions for O&G operations, Puranik notes. He adds that 'solar power can also be used in refineries for pre-heating of crude oil during the refinery conversion process, although it does not produce temperatures high enough for cracking of hydrocarbons into high-value products.' He points to Marathon Petroleum's Illinois refinery using solar power to build on its sustainability performance, with the refinery being part of a project to install solar panels on adjacent refinery-owned land. The 30-acre solar farm will potentially avoid consuming enough grid electricity each year to equal the annual energy use of roughly 1,000 homes. According to a company statement in late 2023, during peak sunlight the panels will deliver 5MW of electricity. Some offshore O&G platforms are also utilising solar photovoltaic systems to power lighting, communications and other administrative functions. 'Solar could predominantly replace diesel generators and other carbon-intensive power sources at an oil production or processing site, thereby eliminating their emissions, which would also bode well for the public image of the company/industry,' Puranik adds. Solar: a viable investment for the O&G industry A report from the National Renewable Energy Laboratory, the US Department of Energy's primary national laboratory for energy systems research and development, says integrating clean energy into O&G operations could reduce emissions and help lower overall costs. The report states that a 'calculated cost of emissions reduction ($/tCO₂e, or tons of carbon dioxide equivalent) based on renewable energy generated indicates that a cost of carbon of $7/tCO₂e would result in a breakeven point for a renewable energy system generating 50% of the site's load'. Using data from several oilfields integrating solar in the Delaware Basin, the results indicate that smaller renewable energy technologies – for example, generating 5% of a site's load – are most 'cost optimal', decreasing 'both annual energy ($469) and demand charges ($65) by reducing grid purchases'. A captive solar plant could also generate considerable savings in terms of operational expenses, adds Puranik, and the 'long-term nature of O&G projects aligns well with the durable lifespan of solar installations, making the investment economically viable over time'. However, this is only possible if the refiner can invest a significant capital to set up the solar farm and integrate its electricity with the refinery equipment without any major modifications, and if there is land available nearby for this purpose, says Puranik. Oman ahead of the game As far back as 2015, Oman's largest O&G producer, Petroleum Development Oman (PDO), announced plans to construct a 1,021MW solar thermal plant in Miraah for thermal enhanced oil recovery at the Amal oilfield. The facility utilises sun to generate steam, which is then used in thermal enhanced oil recovery to extract heavy and viscous oil from the site. According to PDO, the facility can conserve 5.6 trillion British Thermal Units of natural gas per year, enough to meet the residential power requirements of 209,000 people in Oman. California's Aera Energy has pioneered solar integration in the state's oil operations, with construction beginning in 2019, delivering both steam and electricity to power operations at the Belridge oilfield in central California. Belridge produces around 100,000 barrels of (mostly heavy) oil per day, which is easier to recover using steam injection technology, which when injected into the well makes the oil less viscous. The solar project reduces the consumption of natural gas and lowers the carbon footprint of its operations. Likewise, integrating solar infrastructure allows O&G companies to diversify their energy sources and reduce their dependence on a single source, making it a viable investment for the industry. O&G companies are increasingly 'diversifying their portfolios to reduce dependence on fossil fuels and manage risks linked to volatile oil prices and evolving regulations', says GlobalData's February 2025 report, Strategic Intelligence: Renewable Energy in Oil & Gas, citing solar investments made by the O&G industry's biggest players: Shell, BP and TotalEnergies. It adds that 'expanding into clean energy not only strengthens their resilience but also enhances their brand reputation among environmentally conscious consumers'. Solar repurposing O&G infrastructure When asked if solar power operators and developers are looking at moving the other way, into O&G production, to combine power sources, Puranik replies that 'traditional renewable power producers tend to stay within their domain for reputational concerns, and keeping investors happy'. However, the clean energy industry does benefit from the other way around by repurposing the O&G sector's infrastructure. Christian Fong, electricity expert at the Rocky Mountain Institute (RMI), an independent, non-partisan non-profit organization providing research and consulting on sustainability and energy innovations, says that in the 'power sector, fossil fuel infrastructure can be repurposed with clean energy solutions, including solar but also wind and battery storage as well'. RMI research finds that new clean energy in the form of solar, wind and storage can utilise the interconnection points of existing coal and gas plants to add up to 250GW of clean electricity that would reduce overall costs to the US grid by 2035. For context, says Fong, 'that is nearly the size of a quarter of the existing electric capacity on the US grid today'. 'Existing fossil plants can currently share their interconnection points, so that clean energy sources can provide electricity to the grid when those plants are not in use,' adds Fong, and when fossil plants retire 'they can transfer their interconnection rights to clean energy sources to make it quicker and less costly to connect to the grid'. A representative of the North Sea Transition Authority, responsible for maximising the economic recovery of oil from the UK North Sea, tells Offshore Technology that 'we do require operators to consider alternatives to decommissioning in the years prior to cessation of production'. 'Options may include repurposing infrastructure for energy transition projects – the best candidates for this are pipelines, for CO₂ and hydrogen transportation, reusing the infrastructure for new oil and gas projects, and even changes of ownership or operatorship.' "Walking towards the light: how solar and hydrocarbons can work together" was originally created and published by Offshore Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.

I ditched tiny city flat for ‘UK's Costa Del Sol'…I live on £10 a day – you don't have to go abroad for dream beach life
I ditched tiny city flat for ‘UK's Costa Del Sol'…I live on £10 a day – you don't have to go abroad for dream beach life

The Sun

time18-07-2025

  • Lifestyle
  • The Sun

I ditched tiny city flat for ‘UK's Costa Del Sol'…I live on £10 a day – you don't have to go abroad for dream beach life

LIVING in a cramped city flat, care worker Erin Temple struggled to get by - often relying on food banks when her salary would barely cover her rent. But now she owns her own home with picture-perfect sea views - and has slashed her monthly living expenses by a staggering 90 per cent. 14 14 14 And she didn't need to flee the country to beat the cost of living crisis. She simply bought a van for £650 and parked it on the Cornish coast. Erin, 25, tells The Sun: 'I swapped a tiny flat for an off-grid home on wheels. The savings are gobsmacking. "I'm proof you don't have to move abroad to live affordably near world class beaches." Fed up with working gruelling shifts as a dementia and end-of-life carer for a salary that barely covered the rent on her Tyne and Wear one-bedroom flat, Erin upped sticks and moved to Cornwall with just £1,000 to her name. She arrived in Truro with her two dogs, Rooster and Rebel, a backpack, and a tent - and was soon tipped off by a local at a camping site about an elderly couple who wanted to sell their van. Erin snapped up the 20-year-old green LDV Convoy, affectionately nicknamed Betsy, and secured a long term camping spot on a private airfield near Perranporth, North Cornwall surrounded by forest and with spectacular views over the Atlantic coast. She says: 'It's a beautiful life on a budget.' Betsy's interior includes a double cabin style bed, built-in stove, sink and solar powered electrics which keep her energy costs down. The van is also fitted with a portable camping toilet and shower, though the campsite where Erin pays £300 a month to park offers full facilities. Her only other major costs are £100 for diesel and insurance, and around £20 a week for groceries, meaning her monthly outgoings total just £460. She keeps costs low by shopping for yellow label supermarket bargains, buying from local farmers and finding free firewood for Betsy's log burner, which heats her home. She adds: 'I've even started growing vegetables in buckets outside the van. "I used to pay nearly £1,200 a month in rent and bills. 'Now I live on around tenner a day, including food and accommodation. And I own my home." I was broken by low wages, high rents, and exhausting and often dangerous work. Erin Temple It's a far cry from Erin's previous life in the north east town where she would work 50 hours a week but still struggle to pay her bills. She says: "I was broken by low wages, high rents, and exhausting and often dangerous work. "It got so bad that, on occasion, I used food banks despite working 12 hour shifts. 'Carers are the hidden workers who are chronically underpaid and caught in a constant cost of living crisis. Getting a foot on the property ladder seemed like an impossible dream. She admits: "Even with double shifts, I couldn't get ahead.' Turning point 14 Her turning point came after being pushed by a dementia patient during a 24-hour shift. She recalls: "I was exhausted. My knees were bleeding and my arms bruised. 'Other staff were meant to meet me at a local pub for an after work drink but didn't show. 'I looked around and realised I was standing there in the middle of the day surrounded by two old alcoholics. 'I knew then if I did not change my life I'd end up a boozing mess, with no savings and no hope. That moment changed everything." 'Make or break' Erin gave notice on her flat, sold most of her belongings, and headed south. "I'd heard it was quieter, cheaper and the weather was tropical compared to up north," she recalls. "People said I was mad. Friends told me to take a holiday. But I knew it had to be make or break." Now Erin is living the dream in Cornwall - which since the pandemic has overtaken London as the most-searched-for location for property in the UK according to Rightmove. Perranporth Beach, renowned as one of the most beautiful surfing spots in Europe and dubbed 'Costa Del Perran' - after Spain 's Costa Del Sol - by locals is on her doorstep. She says: 'I've never been happier. The weather's great, the people are kind, and the view is incredible. 'An elderly neighbour even brought me homegrown veg to welcome me when I first arrived. That never happened in the city." Saving thousands 14 14 14 Determined that Betsy will be her home for years to come, Erin is currently building storage, redecorating and expanding her bucket garden. She says: "My dogs love it here. I am planning on studying psychology and counselling at a local college next year and finally have a life I love. 'I'm saving money, making plans and my mental health has never been better.' Erin adds that she's happily single at the moment - which she's thankful for as a bloke might be a bit of a squeeze with her and the two dogs. She chuckles: 'Living in a van, you downsize and de-clutter. I might find myself a nice Cornish lad and we'll just have to make sure he can fit in somehow!' I'm saving money, making plans and my mental health has never been better Erin Temple Erin is one of many embracing the van life movement. Since 2019, the number of Brits living in vans, buses or converted vehicles has exploded by 2,280 per cent, from 21,000 to over half a million. Cornwall is a hotspot for digital nomads even in the off season, with van lifers lured by the mild winters, coastal beauty and affordability. Farmers are renting out fields and people in local towns rent out their driveways to meet demand. While Cornwall is known for its luxurious seaside mansions and celebrity residents, including Cate Blanchett, Gordon Ramsay and Dawn French, costs can be surprisingly low. A cappuccino in Cornwall costs an average of £2.80, a third cheaper than £4.05 in London. A pint of lager averages £4.79, compared to £5.99 in the capital, and a loaf of bread is 92p compared to £1.64. For Erin, it's the perfect balance of quality of life on a budget. She says: 'We're Gen Z - we don't want to work just to pay bills. We want purpose, nature, creativity, community. Cornwall gives us that. "I'm healthier, happier, and finally hopeful. I've swapped a high rise flat for a van on the Cornish coast, and I wouldn't change a thing.' 14 14 14

Would you go off-grid? This woodland cabin is on sale for £165,000
Would you go off-grid? This woodland cabin is on sale for £165,000

Daily Mail​

time18-07-2025

  • Business
  • Daily Mail​

Would you go off-grid? This woodland cabin is on sale for £165,000

If you dream of escaping the rat race, a property that has just come up for sale in Northumberland may be just the tonic. The off-grid woodland cabin, called Stanholme, was built in 1926 and for its current custodians, Tom and Glory, has been life-changing. Tom got the keys just days before the 2020 lockdown. He says: 'I had no idea that the world was about to change. But the timing meant I had space, peace, and nature to ground me through everything. I couldn't have imagined a much better place to live.' The couple told This is Money: 'What we love the most is the peace and quiet and that there is no traffic noise.' Over the last five years, Tom, who was later joined by Glory, have been growing their own food, tending to the land and embracing woodland life. However, with the arrival of their first child earlier this year, they are looking to move to a new home. Glory said: 'This place has given us so much. It taught us how to live simply, live slowly and really live with the land. Now, as our family grows, we're looking for a new kind of space. But we'll always carry this place with us.' Tom told This is Money: 'We are going to miss the woodland dawn chorus. It's so loud and there are so many birds that it wakes you up most mornings.' The couple hope to pass Stanholme on to someone who shares the same respect for nature and the slower rhythm of off-grid life. They think the cabin could be ideal for retired couples - or even doomsday preppers who want to live self-sufficiently. It is being sold for offers over £165,000. The cabin is kitted out with solar panels and is fully off-grid, meaning there will be no electricity bills to contend with. The property is exempt from council tax or the newly implemented second homes tax. It is tucked away in the ancient woodland of Whittle Dene in Northumberland, ensuring there is no road or traffic noise. The cabin is only accessible on foot through Whittle Burn Woods, with on-street parking available five minutes away. The cabin is one of a small number of chalets, cabins, bungalows, huts or summer houses nestled in the glade at Whittle Dene. According to GFW, the estate agency selling the cabin, the cabins were built as countryside getaways by people from Tyneside's industrial areas. The cabins also housed evacuees during the Second World War. The woods surrounding the two-bedroom cabin are said to be haunted by the evil spirit of Long Lonkin, a notorious criminal from the 1200s. The cabin is brimming with rustic charm. Inside, it has a small entrance porch, an open-plan living and dining area with a log burner, a compact kitchen, two bedrooms, and a bathroom with a roll-top bath, toilet and washbasin. While the cabin is off-grid, it still offers a good level of comfort. There are large double glazed windows fitted throughout the cabin, which help fill the cabin with light and a sense that you are at one with nature. The cabin stands in three interlinked plots that have been carefully nurtured over 45 years. The outdoor space is enhanced with cobblestone paths and fruit trees. A geodome provides space for growing vegetables and herbs throughout the year, but this could be turned into a greenhouse. The cabin also comes with a decked area, a fire pit, tool shed and an outdoor compost toilet. At the south of the woodland lies the ruined remains of a water-driven mill, which was used to mill corn and bleach cotton until its demise in the 1800s. The mill pond has become overgrown with willow, alder, Dutch rush and opposite-leaved golden saxifrage. The cabin had been on an uninterrupted one year rolling lease for the past 100 years and Tom and Glory are currently in negotiations to extend the lease term to 20 years. The property can be inhabited for 51 weeks of the year. The cabin cannot be mortgaged or sub-let and no fences, hedges or new boundaries can be created at the property. Lindsay French, a partner at GFW, the estate agency selling the cabin, said: 'This property is truly one of a kind. Stanholme isn't just a cabin, it's a piece of living history. 'Its rare combination of character, craftsmanship, and complete off-grid functionality, is unlike anything we've seen on the open market.' How to find a new mortgage Borrowers who need a mortgage because their current fixed rate deal is ending, or they are buying a home, should explore their options as soon as possible. Buy-to-let landlords should also act as soon as they can. Quick mortgage finder links with This is Money's partner L&C > Mortgage rates calculator > Find the right mortgage for you What if I need to remortgage? Borrowers should compare rates, speak to a mortgage broker and be prepared to act. Homeowners can lock in to a new deal six to nine months in advance, often with no obligation to take it. Most mortgage deals allow fees to be added to the loan and only be charged when it is taken out. This means borrowers can secure a rate without paying expensive arrangement fees. Keep in mind that by doing this and not clearing the fee on completion, interest will be paid on the fee amount over the entire term of the loan, so this may not be the best option for everyone. What if I am buying a home? Those with home purchases agreed should also aim to secure rates as soon as possible, so they know exactly what their monthly payments will be. Buyers should avoid overstretching and be aware that house prices may fall, as higher mortgage rates limit people's borrowing ability and buying power. What about buy-to-let landlords Buy-to-let landlords with interest-only mortgages will see a greater jump in monthly costs than homeowners on residential mortgages. This makes remortgaging in plenty of time essential and our partner L&C can help with buy-to-let mortgages too. How to compare mortgage costs The best way to compare mortgage costs and find the right deal for you is to speak to a broker. This is Money has a long-standing partnership with fee-free broker L&C, to provide you with fee-free expert mortgage advice. Interested in seeing today's best mortgage rates? Use This is Money and L&Cs best mortgage rates calculator to show deals matching your home value, mortgage size, term and fixed rate needs. If you're ready to find your next mortgage, why not use L&C's online Mortgage Finder. It will search 1,000's of deals from more than 90 different lenders to discover the best deal for you. > Find your best mortgage deal with This is Money and L&C Be aware that rates can change quickly, however, and so if you need a mortgage or want to compare rates, speak to L&C as soon as possible, so they can help you find the right mortgage for you.

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