The UK Mortgage Apocalypse Just Started

The UK Mortgage Apocalypse Just Started

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Publish Date:
3 July, 2023
Category:
Mortgages
Video License
Standard License
Imported From:
Youtube

The Bank of England has increased rates to 5% last week and we are now staring at the biggest cost of living crisis in decades.

The UK mortgage crisis is like nothing we have ever seen before because of a unique set of circumstances with 0% interest rates since 2009 and overlapping high inflation.

The situation is dire and the UK economy is in trouble but will Rishi Sunak, the UK Government, and the Bank of England actually do something?

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