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Action like this. Action like this. Yes, its very difficult for action like this. Yes, its very difficult for this action like this. Yes, its very difficult for this situation action like this. Yes, its very difficult for this situation is l action like this. Yes, its very i difficult for this situation is very special because the transmission of Monetary Policy is very slow. Mostly because they are fixed Interest Rate mortgages for example but also because people have a lot of excess savings from covid because they were transferred to people to go through the pandemic, also to calm down the energy crisis, so this time its different. I dont like this phrase but i would say this is why there is a dogmatic divide between those who say dont wait for a policy mistake, dont hide too much, because things can be strong and we can go into recession and others say inflation is far too ....
Nearly the peak. aha, months. let s hope that this is nearly the peak. months. let s hope that this is nearly the peak. a lot of people of course don t nearly the peak. a lot of people of course don t have nearly the peak. a lot of people of course don t have mortgages. - nearly the peak. a lot of people of| course don t have mortgages. they rent their properties. what does it mean for them? {131 rent their properties. what does it mean for them? rent their properties. what does it mean for them? of course the buy to let market has mean for them? of course the buy to let market has been mean for them? of course the buy to let market has been just mean for them? of course the buy to let market has been just as mean for them? of course the buy to let market has been just as much - let market has been just as much affected as a residential so there are landlords out there who are facing much, much higher mortgage payments per month and they are in the business of making mone ....
Loan. if they were taking out a new mortgage loan. if they were taking out a new mortgage now. loan. if they were taking out a new mortgage now. in loan. if they were taking out a new mortgage now, in recent loan. if they were taking out a new mortgage now, in recent times, i loan. if they were taking out a new i mortgage now, in recent times, they might mortgage now, in recent times, they might now mortgage now, in recent times, they might now he mortgage now, in recent times, they might now be paying mortgage now, in recent times, they might now be paying 6%, mortgage now, in recent times, they might now be paying 6%, so - mortgage now, in recent times, they might now be paying 6%, so the - might now be paying 6%, so the difference might now be paying 6%, so the difference we might now be paying 6%, so the difference we have might now be paying 6%, so the difference we have calculated i difference we have calculated between difference we have calculated between ....
Mortgage in this country, what today means? ~ , ., mortgage in this country, what today means? , ., means? well, it s not as bad as was otentiall means? well, it s not as bad as was potentially predicted means? well, it s not as bad as was potentially predicted by means? well, it s not as bad as was potentially predicted by some. - means? well, it s not as bad as was potentially predicted by some. i m l potentially predicted by some. i m not surprised it went up a little bit, not .25 base points. i think staying level at 5% is not going to happen. foranybody staying level at 5% is not going to happen. for anybody on a tracker mortgage or a variable rate mortgage, this is going to hit them really quickly and quite hard. they will see their payments go up pretty much immediately. for anyone on a fixed rate, it doesn t make much difference until it s time to remortgage. unfortunately, we have still got about 1.5 million people coming up to the end of their fixed rates and they fixed ....