Interest Rates are set to rise - as are the lending rates offered by many mortgage companies. With the stringent regulations now in place with regard to affordability this may well be the start of a slowdown in the fast moving property market as potential borrowers may no longer be able to afford a suitable mortgage. Interest rates have not yet risen but many mortgage lenders are as usual looking to make as much as possible and are already starting to increase their interest rates on new loans. We await the fallout from this with trepidation!