With inflation on the rise, homeowners nearing the end of their mortgage deal may be tempted to lock in longer — especially with murmurs of a base rate hike.
This comes as rates continue to drop, even on tracker deals. What are the advantages and disadvantages over two, five and even 10-year fixes, and do the tracker’s flexibility mean it might be a worthy option to consider?
Lee Boyce, Helen Crane and Georgie Frost discuss what those resale and home buyers should consider when getting a new home loan.
And even the landlords have not lagged behind in the fight for mortgages. There’s now a sub-1 percent buy-to-let mortgage rate — and sticking with the property theme, another big monthly surge for prices.
Elsewhere, should you sell old premium bonds to buy a new set for ‘better luck’ and how much of the lockdown saver is invested in the NS&I product?
Finally, how will a career as an HGV driver change? We see what salary is being paid and how to train as a lorry driver.
How to Listen to This Is Money Podcast
We publish our podcast every Friday for the player on This Is Money, above, and on Apple Podcasts (iTunes) and on podcast platforms Audioboom and Ecast, both of which allow you to listen on desktop, mobile, or download apps. We now publish on Spotify as well.
To download the Apple Podcasts app, go to the App Store if you haven’t already. Or visit either the Apple App Store or the Google Play store on Android to download the Acast, AudioBoom or Spotify apps.
Hit play, or listen to hear this week’s full episode on the player above (and please subscribe and review if you like the podcast) Apple Podcastshandjob a casthandjob audioboom And Spotify or visit us This is the Money podcast page.
this is the money podcast