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Have announced their latest interest rate rise, the 12th in a row, up from 4.25% to 4.5%. we have more on that here on bbc news. thank you for staying with us, we were talking to our economics editor, who was not sure whether interest rates had peaked, and they may continue to rise. how do mortgage advisers factor that in when you are advising people? mast when you are advising people? most of it is trying when you are advising people? most of it is trying to when you are advising people? most of it is trying to manage people because of it is trying to manage people because my expectations. people have to realise because my expectations. people have to realise that they can probably borrow to realise that they can probably borrow less. people do have budgets, the first borrow less. people do have budgets, the first thing we ask them is what is a comfortable monthly spend for you, is a comfortable monthly spend for you. and is a comfortable monthly spend for you, and we try ....
Your head in the sand. it will affect your credit rating if you don t sorted your credit rating if you don t sorted out fairly quickly. get the phone sorted out fairly quickly. get the phone to sorted out fairly quickly. get the phone to your lender. sorted out fairly quickly. get the phone to your lender. what options do eo - le phone to your lender. what options do people have? phone to your lender. what options do people have? our phone to your lender. what options do people have? our mortgage - do people have? our mortgage holidays readily available? some lenders will holidays readily available? some lenders will maybe holidays readily available? some lenders will maybe allow - holidays readily available? some lenders will maybe allow you - holidays readily available? some lenders will maybe allow you to l lenders will maybe allow you to switch lenders will maybe allow you to switch to lenders will maybe allow you to switch to interest only for a little while, ....
Money expecting to have to pay some more money next expecting to have to pay some more money next month. if you are on a fixed money next month. if you are on a fixed rate. money next month. if you are on a fixed rate, you don t need to worry, because fixed rate, you don t need to worry, because obviously your rate is fixed~ because obviously your rate is fixed. anybody on a tracker rate, your fixed. anybody on a tracker rate, your rate fixed. anybody on a tracker rate, your rate is fixed. anybody on a tracker rate, your rate is guaranteed to go up by 025% your rate is guaranteed to go up by 025% next your rate is guaranteed to go up by 0.25% next month. anybody on a standard 0.25% next month. anybody on a standard variable rate or discounted rate is standard variable rate or discounted rate is going to have to wait and see what rate is going to have to wait and see what their lender does, because obviously see what their lender does, because obviously the lende ....
Savings, and the bigger picture, part of the reason the bank feels it is able to raise rates, because people are staying in theirjobs. as a result, they do have some money to spendin a result, they do have some money to spend in some cases stop very difficult for a lot of people, but they are trying to target that nonessential spending, trying to dampen some of that demand on nonessential spending, and as a result, bring down, ultimately, the rate of inflation, which is at this incredible double digit digit high. the governor of the bank of england will explain the decision and the reasons behind it and what may come welcome to the monetary report press conference and we are joined by the deputy governor for a monetary policy and the deputy governor for market strategy and resolution and the governor, andrew bailey. ....
Profile, which can affect your credit profile if you wish to borrow money credit profile if you wish to borrow money in credit profile if you wish to borrow money in the future, which is why it is important money in the future, which is why it is important to contact your lender, as if you is important to contact your lender, as if you can is important to contact your lender, as if you can come to an arrangement with them, as if you can come to an arrangement with them, maybe they can extend the term to with them, maybe they can extend the term to you with them, maybe they can extend the term to you to reduce your rates, and that term to you to reduce your rates, and that will avoid showing up on your credit and that will avoid showing up on your credit file. the and that will avoid showing up on your credit file. your credit file. the 12th interest- rate your credit file. the 12th interest- rate rise - your credit file. the 12th interest-rate rise in - your credit ....