I've just let my house (actually I only own half of it) to tenants as I had to move for job reasons. I had to sign up to a new mortgage to enable "consent to lease" from my mortgage lenders (alternative was paying a whopping great fee and a buy-to-let mortgage). I suggested a fixed rate mortgage. Co-owner of my house said nay. Damn, am I regretting giving in! The tracker deal we got isn't bad, but unfortunately I can't hike up the rent when inflation increases (again). I'm not out to make money on my property - the main reason I didn't sell was psychological/emotional (I like the idea of having a permanent home). In fact, I don't make enough from renting it to cover the mortgage. If I get off the property ladder I'll never get back on...

My ex has seen a 100k price rise on houses in his area since he bought in Dublin over a year ago. There but for the grace of god go I!