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Call You and Yours: Mortgages are at a 15-year peak - how's it impacting you?

Call You and Yours: As mortgages rise to the highest level in 15 years, we want to know how it is impacting you. What decisions are you facing? Get in touch.

Call You and Yours: Mortgage costs have hit the highest level for 15 years after the rate on a two-year fixed deal surpassed the peak in the aftermath of the mini-budget.

The average rate on such a deal is now 6.66%, a level not seen since the financial crisis in August 2008.

Just before Call You and Yours goes on air mortgage lenders will be before the Treasury Committee to answer questions on the impact of rising rates, including levels of mortgage stress and arrears.

We want to hear from listeners about what's happening to you. Are you about to re-mortgage your home? Are you facing a dilemma of whether to fix now or wait it out on the standard variable rate? What sacrifices will you have to make? Or does your fix not come to an end for two, three or more years - what are your concerns?

We'll be aiming to offer some practical advice with experts including Claer Barrett, Consumer Editor at The Financial Times and David Hollingsworth, Mortgage Broker at L&C. So do get in touch.

Email us now youandyours@bbc.co.uk.

Our phone lines open at 11am. Call 03700 100 444.

PRESENTER: SHARI VAHL
PRODUCER: CATHERINE EARLAM

Available now

53 minutes

Broadcast

  • Tue 11 Jul 2023 12:04

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