Mortgages: what's the best way to plan?
By Sky News
10/10/22·22m 40s
The interest rate on a typical two-year fixed-rate mortgage has broken 6% for the first time in 14 years. The sudden rise has left first-time buyers with few affordable mortgage options, and those looking to re-mortgage facing huge increases in their monthly repayments.
On the Sky News Daily, Niall Paterson speaks to two people whose plans have had to change as a result of the uncertainty with mortgages, plus gets some advice from mortgage broker Sarah Tucker.
Editors - Philly Beaumont
Podcast producer - Rosie Gillott
Interviews producer – Alys Bowen
Digital producer - David Chipakupaku