Episode 219

3% mortgage rates, rising rates and fees increasing leverage - what's happening with mortgages??!!

00:00:00
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00:28:44

February 7th, 2024

28 mins 44 secs

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About this Episode

In this episode of the Business of Property podcast, Stuart, Simon and Simon discuss the Bank of England's decision to maintain the base rate and the impact on the mortgage market. They highlight recent rate drops, plus the rise in some lenders' rates! Not to mention the significant fees associated with mortgages and their effect on LTV. The conversation also covers the quiet state of the market, with fewer people seeking mortgage products.

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