OMG! Interest rate rises and mortgages. What to do?
Aug 09, 2022•23 min
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Episode description
In this episode #SavvySam talks to two mortgage experts to get the low down on the market, the rates, the options open to borrowers given Bank of England base rates are rising and it looks set to continue going up. Join us as Funmi Olufunwa - Hoops Financial and Dawn Patrick - Burlington Financial tackle the following questions:
- Should you escape your current fixed rate deal to fix a new one before the rates go up even more?
- What are your options?
- How does using a mortgage broker help – why not just go direct to your current lender or usual bank?
- How high should you expect rates to go?
- What can you do to prepare for higher future costs?
For a one to one chat with either Dawn or Funmi -
Funmi Olufunwa - Hoops Finance f.olufunwa@hotmail.co.uk
Dawn Patrick DipFA Cert CII (MP) - Burlington Financial Dawn.Patrick@burlington-financial.uk
Further resources:
Women’s Wealth Network (FREE to join for 6 months)
Visit the ‘weekly lives’ where you can listen to past broadcasts, 8/8/22 discussion on mortgage rates .
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