Should you remortgage now or wait until 2024? Let's explore the latest data from the halifax house price index, nationwide, office for national statistics and the bank of england on their predictions. I also ask my Mortgage Broker the difficult questions you've wanted to know. We explore remortgage rates, the UK mortgage market, fixed vs variable rates and options for home mortgages after the interest rate rises.
Andrew, My mortgage broker is happy to help anybody completely free of charge to discuss your options, he provides an ethical service funded by the banks.
Timestamps: 00:00 Introduction 01:12 The Fixed Rate Mortgage Crisis - Wait or Fix? 02:55 Should You Get a Mortgage Right Now or This Year? 04:20: Asking My Mortgage Broker - Should I Remortgage Now or Wait? 05:32 The Bank of England Rate & Inflation This Year 07:10 TSB & Nationwide Mortgage Price War 08:57 Why Are Banks Lowering Rates? Are We At a Peak? 09:58 Asking My Mortgage Broker - Why Are Interest Rates Going Down Despite Increasing BoE Rate? 10:54 2023 Mortgage Interest Rate Trends - Analysis 11:42 Are We Addicted to Cheap Lending? 12:54 Asking My Mortgage Broker - Is This The End of Cheap Lending? 14:46 The Consequence of High Interest Rates & Cost of Living 16:10 Property House Price Prediction Analysis for 2023 18:26 My Personal Thoughts & Conclusion
WHO AM I: I'm Matt, a senior product manager and property investor working Remotely for a VC-backed tech startup. I make videos about money, investing, tech and productively building a business.
GET IN TOUCH / BUSINESS: If you’d like to talk, I’d love to hear from you. DM @mattbrighton_ on Instagram and I'll happily get back to you!
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