we were working it out and thinking, yeah, we can do this. we can do this. with the rates now, we re a lot more hesitant. you rejust banging your head up against a brick wall, like, where do i go from here? what? what s the answer? what s the solution? and right now, i genuinely don t know the answer to that question. jay runs a music venue in the city. he s a homeowner who s worried about his repayments jumping massively in a few months time. it s going to increase by about 4%. at the moment, i m looking at around about £150 a month increase on my monthly payment. the basic things that people need is a roof over the head to be able to keep warm and to be able to eat. and it feels like all three elements there are being attacked by what s going on in the economy. well, despite the recent rises in interest rates, people are still getting or renewing their mortgage here in derby and across the country. but perhaps even more elusive than a decent mortgage deal at the moment is some
we can do this. with the rates now, we re a lot more hesitant. you rejust banging your head up against a brick wall, like, where do i go from here? what? what s the answer? what s the solution? and right now, i genuinely don t know the answer to that question. jay runs a music venue in the city. he s a homeowner who s worried about his repayments jumping massively in a few months time. it s going to increase by about 4%. at the moment, i m looking at around about £150 a month increase on my monthly payment. the basic things that people need is a roof over the head to be able to keep warm and to be able to eat. and it feels like all three elements there are being attacked by what s going on in the economy. well, despite the recent rises in interest rates, people are still getting or renewing their mortgage here in derby and across the country. but perhaps even more elusive than a decent mortgage deal at the moment is some level of certainty about what comes next. take your 25 year mor
there are being attacked by what s going on in the economy. despite the recent rises in interest rates, people are still getting or renewing their mortgage here in derby and across the country. but perhaps even more elusive than a decent mortgage deal at the moment is some level of certainty about what comes next. michelle has worked in the mortgage industry for more than 20 years. she says she s never seen anything like the current situation. i want to see some stability in the market. i d love to see them kind of say, right, well, we ve put it up 1%, but that s it. you know, forfor six months. for eight months, you know, for a year, you know, let sjust give people a bit of stability so they know where they are. in the meantime, there will be plenty watching what the bank of england decides to do later today and bracing themselves for what the next few months may hold. navtaonhal, bbc news derby. hannah is in derby
to keep warm and to be able to eat. and it feels like all three elements there are being attacked by what s going on in the economy. well, despite the recent rises in interest rates, people are still getting or renewing their mortgage here in derby and across the country. but perhaps even more elusive than a decent mortgage deal at the moment is some level of certainty about what comes next. take your 25 year mortgage. michelle has worked in the mortgage industry for more than 20 years. she says she s never seen anything like the current situation. i want to see some i stability in the market. i d love to see them kind of say, i right, well, we ve put it up 1%, i but that s it. you know, for six months. for eight months, i you know, for a year, you know, let sjust give people a bit of stability. so they know where they are. in the meantime, there will be plenty watching what the bank of england decides to do later today and bracing themselves for what the next few months may hold.
the basic things that people need is a roof over the head, to be able to keep warm and to be able to eat. and it feels like all three elements there are being attacked by what s going on in the economy. despite the recent rises in interest rates, people are still getting or renewing their mortgage here in derby and across the country. but perhaps even more elusive than a decent mortgage deal at the moment is some level of certainty about what comes next. michelle has worked in the mortgage industry for more than 20 years. she says she s never seen anything like the current situation. i want to see some stability in the market. i d love to see them kind of say, right, well, we ve put it up 1%, but that s it. you know, for six months. for eight months, you know, for a year, you know, let sjust give people a bit of stability so they know where they are. in the meantime, there will be plenty watching what the bank of england decides to do later today and bracing themselves for what the nex