Will the mortgage price war revive the property market?
DEC 12, 202550 MIN
Will the mortgage price war revive the property market?
DEC 12, 202550 MIN
Description
<div>Mortgage lenders are battling to offer borrowers lower rates - running ahead of the Bank of England making an expected cut next week.<br>
That's good news for anyone buying a home but it's even better for the 1.9million people who need to remortgage next year - many of whom will be facing a payment shock as they come off much lower fixed rates.<br>
So, will the mortgage cuts revive the moribund housing market - and what should you do if your fixed rate is running out?<br>
On this episode of the This is Money podcast, Georgie Frost, Helen Crane and Simon Lambert talk mortgages and the property market - including why experts say now is the best time in a decade to negotiate on a new build home.<br>
Plus, what does the Fed rate cut mean for investors, would you give a child or grandchild shares for Christmas, and finally, where are Britons trying to buy homes abroad... and why?<br>
<br>
</div>