it was fixed the next two years, but i know my mum s just being hit by her mortgage has gone up £200. i think it s around £250 extra a month now. so it s quite an increase considering, you know, my gas, electric, has doubled as well. it s notjust those with mortgages hoping that rates begin to fall. hopefully that would increase my business and i would be a happier person because it s it s a worry. people are definitely watching their pennies this time. before anyone gets too excited, those reductions are really small and they haven t had a big impact on the market yet. in fact, at today s rates, an average two year mortgage deal will cost you 6.83% in interest. that s unchanged since yesterday. but for anyone hoping to remortgage or get a new mortgage, it s maybe the first positive signs of a downward shift. it is definitely positive news for everybody who s got a mortgage.
hopefully, that would increase my business and i would be happy a happier person because it sjust it s a worry. people are definitely watching their pennies this time. before anyone gets too excited, those reductions are really small and they haven t had a big impact on the market yet. in fact, at today s rates, an average two year mortgage deal will cost you 6.83% in interest. that s unchanged since yesterday. but for anyone hoping to remortgage or get a new mortgage, it s maybe the first positive signs of a downward shift. it is definitely positive news for everybody who s got a mortgage. sadia says they re still seeing plenty of house sales here at the moment but there has been a change over the last year. people are under offering on property prices, their mortgage payments are going to be higher, so they have to take that into account. so it s definitely a buyer s market. some of those faced with higher mortgage rates have begun to struggle more.
before anyone gets too excited, those reductions are really small and they haven t had a big impact on the market yet. in fact, at today s rates, an average two year mortgage deal will cost you 6.83% in interest. that s unchanged since yesterday. but for anyone hoping to remortgage or get a new mortgage, it s maybe the first positive signs of a downward shift. it is definitely positive news for everybody who s got a mortgage. sadia says they re still seeing plenty of house sales here at the moment but there has been a change over the last year. people are under offering on property prices, their mortgage payments are going to be higher, so they have to take that into account. so it s definitely a buyer s market. some of those faced with higher mortgage rates have begun to struggle more. today, we ve heard that this spring,
thank you. lineker, so who knows? we will see. thank you, charlotte lineker, so who knows? we will see. thank you, charlotte gallagher, - lineker, so who knows? we will see. thank you, charlotte gallagher, on i thank you, charlotte gallagher, on theissues thank you, charlotte gallagher, on the issues at the bbc today. you re watching bbc news. business leaders are warning that companies are facing a cliff edge in their energy bills from april, which could see thousands go under. they re urging the government, which has been supporting firms with their bills over the winter, to extend that help in next week s budget. households too are waiting to hear if government support will continue with domestic bills. our business correspondent marc ashdown has the details. i ve spent £76.83 this week. and have you had it on much? no! sue has turned me to reading into a fine art. sue has turned meter reading into a fine art. after seeing her energy bills treble she s now careful about the sim
no! sue has turned metre reading into a fine art. after seeing her energy bills treble, she s now careful about the simple things, like making tea, and does her washing at certain times of day, when her tariff is cheaper. i ve turned radiators off in rooms! i ve shut doors! i sit with a rug around me at night in my lounge. you re just constantly cutting back on everything, all the time, and thinking, how can i save? how can i not turn this on? the energy regulator ofgem sets a price cap for the maximum suppliers can charge households for a unit of energy. in april, that s expected to be £3,280 a year, down £1,000 from where it is now, but it s irrelevant at the moment, as the government s energy price guarantee means a typical consumer pays a maximum of £2,500 a year. that figure is planned to rise to £3,000 in april, but analysts, politicians and even energy firms are planning for the chancellor, in wednesday s budget, to freeze the guarantee where it is for