Politics UK
The UK Mortgage Crisis Explained: Is the Housing Market About To Crash?
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The UK housing market is facing a crisis as mortgage rates rise and house prices continue to plummet. With mortgage borrowing at record lows, existing homeowners are facing financial strain, while future buyers are holding off in hopes of a further price drop. As the crisis worsens, we explore the potential consequences for owners, buyers, renters, and the housing market.
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1 – https://www.youtube.com/watch?v=rt2pz9zN254
2 – https://www.newstatesman.com/business/2023/06/uk-mortgage-rates-rising-ticking-bomb
3 – https://www.ft.com/content/a9ec90f5-ade0-4d15-8160-1418000e3d49
4 – https://www.bloomberg.com/news/newsletters/2023-06-01/the-respite-period-for-uk-housing-is-over
5 – https://www.theguardian.com/money/2023/jun/01/uk-house-prices-fall-nationwide-high-interest-rates
6 – https://www.theguardian.com/money/2023/jun/01/uk-house-prices-fall-nationwide-high-interest-rates
7 – https://www.bloomberg.com/news/articles/2023-06-02/britain-s-housing-market-is-struggling-with-more-pain-to-come
8 – https://www.ft.com/content/a087ec45-7032-4c33-a3fb-5f120e222d0e
9 – https://www.ft.com/content/5d2b9983-2f4c-4a1b-a781-5ca3ceed06f1
10 – https://www.ft.com/content/a087ec45-7032-4c33-a3fb-5f120e222d0e
11 – https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/consumerpriceinflation/april2023#latest-movements-in-cpi-inflation
12 – https://www.ons.gov.uk/economy/inflationandpriceindices/articles/newestimatesofcoreinflationuk/2022
13 – https://www.thetimes.co.uk/article/housebuilders-flag-on-news-of-falling-values-0wcdb0058
14 – https://www.ft.com/content/c39aef31-4daa-405c-a84b-29f31a7d74f8
15 – https://www.ft.com/content/69632bc0-dec9-4a67-a9d0-cd64c4bd832c
16 – https://twitter.com/nickmacpherson2/status/1668711908390629378
17 – https://researchbriefings.files.parliament.uk/documents/CBP-9428/CBP-9428.pdf
18 – https://www.bbc.co.uk/news/business-58738741
19 – https://www.bbc.co.uk/news/business-65856683
20 – https://www.barclays.co.uk/mortgages/mortgage-calculator/interest-rate-calculator/#/interestresults
21 – https://www.thetimes.co.uk/article/cost-of-remortgaging-soars-by-nearly-40-in-four-years-2nmxzkngw
22 – https://www.bloomberg.com/news/articles/2023-06-09/hsbc-among-uk-banks-pulling-mortgage-deals-from-the-market-again
23 – https://www.theguardian.com/money/2023/may/30/uk-mortgages-deals-pulled-interest-rate-fixed-term-loans-moneyfacts
24 – https://www.theguardian.com/money/2022/jun/25/uk-mortgage-stress-test-first-time-buyers
25 – https://www.theguardian.com/money/2022/jun/25/uk-mortgage-stress-test-first-time-buyers
26 – https://www.bbc.co.uk/news/business-65856683
27 – https://www.thetimes.co.uk/article/soaring-rents-may-turn-housing-crisis-into-disaster-say-experts-62997n25q
28 – https://inews.co.uk/news/politics/rishi-sunak-call-early-general-election-this-year-mortgage-rate-crisis-mps-2410604
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As oil drilling moves closer to reality, we explore how it could transform the Falkland Islands’ economy, politics, and long-running sovereignty dispute with Argentina.
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SOURCES
FT Argentina Angered By Prospect of Oil Boom in Falklands
https://www.ft.com/content/ce25f41d-49e2-42e3-956e-dab0de9301e4?syn-25a6b1a6=1
The Times Drilling to go Ahead at Sea Lion Oilfield
https://www.thetimes.com/business/companies-markets/article/drilling-confirmed-sea-lion-oil-field-rockhopper-falklands-5nz8npwpw
The Times Falkland Islands $4bn Oil Bonanza
https://www.thetimes.com/business/economics/article/falkland-islands-4bn-boost-oilfield-go-ahead-6crtkvqzk
Yahoo Finance The Falklands are Turning into a Mini Dubai
https://finance.yahoo.com/economy/articles/falklands-quietly-turning-next-dubai-180437990.html
BBC News Quick Guide: The Falklands Economy
http://news.bbc.co.uk/nol/shared/spl/hi/picture_gallery/07/in_pictures_the_falklands_economy/print.stm
0:00 How the Falklands are Becoming a Petrostate
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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In this video, we’re going to have a look into the Clacton by-election, why the other parties have stood down, what Farage’s plan is, and why it seems like it may have already backfired.
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
SOURCES
Telegraph Farage By-Election Gamble Turns to Farce
https://www.telegraph.co.uk/politics/2026/07/07/farage-resigns-but-by-election-gamble-turns-to-farce/
BBC News Farage’s Political Rivals Rule Out Standing in Clacton
https://www.bbc.co.uk/news/articles/cjdg4y3g0z7o
The Guardian Political Rivals Vow to Boycott By-Election
https://www.theguardian.com/politics/2026/jul/07/nigel-farage-quits-as-mp-amid-scrunity-over-finances-clacton-reform
Politics Home Labour and Tories Refuse to Field Candidates
https://www.politicshome.com/news/article/labour-tories-refuse-stand-candidates-clacton-byelection
Politico Badenoch Says Farage Cracking Under the Pressure
https://www.politico.eu/article/kemi-badenoch-nigel-farage-pressure-by-election/
0:00 Nigel Farage vs Count Binface: The Clacton By-Election Explained
6:47 Sponsor
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It seems pretty much a certainty that Andy Burnham will be the next British prime minister. Exactly when it happens depends on a few factors. We outline some of the reasons an early general election is likely.
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Our mission is to explain news and politics in an impartial, efficient, and accessible way, balancing import and interest while fostering independent thought.
TLDR is a completely independent & privately owned media company that’s not afraid to tackle the issues we think are most important. The channel is run by a small group of young people, with us hoping to pass on our enthusiasm for politics to other young people. We are primarily fan sourced with most of our funding coming from donations and ad revenue. No shady corporations, no one telling us what to say. We can’t wait to grow further and help more people get informed. Help support us by subscribing, engaging and sharing. Thanks!
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@WilliamEthan00
December 20, 2023 at 2:38 pm
Amazing video, A friend of mine referred me to a financial adviser sometime ago and we got talking about investment and money. I started investing with $120k and in the first 2 months , my portfolio was reading $274,800. Crazy right!, I decided to reinvest my profit and gets more interesting. For over a year we have been working together making consistent profit just bought my second home 2 weeks ago and care for my family.
@johnben9
December 20, 2023 at 2:38 pm
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
@doomyman
December 20, 2023 at 2:38 pm
house market isn't gonna crash as long as governments keep printing money and QE. It will only crash when governments will start to tax rich people and banks. Market is controlled by big landlords and corporations which don't care if mortgage rates are high or low and can keep the house prices high by keeping the properties empty or keeping lands untouched for years.
@FailedSociety321
December 20, 2023 at 2:38 pm
Brilliant video basically no content just bs self promotions and ads bye
@kazooi9963
December 20, 2023 at 2:38 pm
As a 26 Y/O I’ve started looking to buy. £450K for a 2 bed apartment? Not a chance, fuck ‘em I’m praying for a housing crash
@hersdera
December 20, 2023 at 2:38 pm
Some economists have projected that both the U.S. and parts of Europe could slip into a recession for a portion of 2023. A global recession, defined as a contraction in annual global per capita income, is more rare because China and emerging markets often grow faster than more developed economies. Essentially the world economy is considered to be in recession if economic growth falls behind population growth.
@stevep9221
December 20, 2023 at 2:38 pm
The HMRC and valuers use the government ONS HPI official UK average monthly house price percentage increases. For example, the government reported a 10.8% increase in Dec 2021 but the real figures are Jan-2021 £249,690 to Dec-21 which is £268,115 which is 7.4%. To be clear my calculations include Januaries Increase that goes back to December and Decembers increase that goes back to November. I include the 12 percentage increases for 2021 but the ONS include Decembers twice. The golden rule of accounting is there are only 12 and if you include 13 you can be in serious trouble. Do the sums yourself and please comment?
@sherryhoffman1466
December 20, 2023 at 2:38 pm
Price went crazy sent,s Covid hit
@sherryhoffman1466
December 20, 2023 at 2:38 pm
People would be able to afford homes if they were 20,000 . Cars should be 10,000 for we can afford it . And diapers are to expensive for parents to afford. And it’s hard on parents to afford daycare. Ever thing definitely needs to go Down for people can afford it.
@Neptunianist
December 20, 2023 at 2:38 pm
No, it’s not. Quite the opposite. We’re about to see a huge increase in house prices. At least until 2026.
@celistan6942
December 20, 2023 at 2:38 pm
UKs housing is depressing and terrible but London’s is an abomination, their rateable value grows at an average 27% a year compared to the remainder of the UK whose rateable value grows at only 3% a year
@celistan6942
December 20, 2023 at 2:38 pm
It’s about time the UKs housing market crashed, the government needs to learn the consequences of restricting the supply of new houses with stupid policies like green belt
@ranep548
December 20, 2023 at 2:38 pm
For newbies, be aware that this is a grossly oversimplified scenario. For one thing, you can't get a mortgage on an investment property without at least 25% down payment. Two, it's easy to see comps for house purchase prices, but it takes a lot of research to understand the comps on rent prices. The trick is to find a place where renting is more expensive than buying, but those places are less common because of this very type of scenario. Three, you have to remember that rent number he's using is supposed to be net income, not gross. So you have to think about costs for taxes, insurance, maintenance and vacancy when you're researching investments. All that said, real estate investing is a good tool for wealth accumulation. But it isn't foolproof.
@harpercole5333
December 20, 2023 at 2:38 pm
My number one money rule is "diversification" and funny enough, I learnt this late, almost too late. You must never put all your eggs in one basket. As one who has been into Real Estates for as long as I can remember, I made my first million earlier this year from stocks alone (used the services of an expert though). I also experiment with a couple of other things. Imagine what the situation would had been given the present housing market if I were solely banking on it. Goodluck to us all!
@bdz_4206
December 20, 2023 at 2:38 pm
I suppose the bankers have drunk people dry.
@fbkensarhd5279
December 20, 2023 at 2:38 pm
Because Mr.Hunt may not have experience in banking 🙁
@tommydouglas94
December 20, 2023 at 2:38 pm
The most financially viable option for me would be a long term coma
@tommydouglas94
December 20, 2023 at 2:38 pm
I realise that currently we’re watching the final moments of the UKs death.
I don’t really care anymore. I have nothing anyway so I hope it all crumbles.
@GregMunro
December 20, 2023 at 2:38 pm
Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 250k just in a matter of weeks/couple months, so I think there are alot of wealth transfer in this downtime if you know where to look.
@dylanmoris6211
December 20, 2023 at 2:38 pm
It is difficult to make exact projections for the housing market as it is still unclear how quickly or to what degree the Federal Reserve will reduce inflation and borrowing costs without having a substantial negative impact on demand from consumers for anything from houses to cars.
@MrRdt1970
December 20, 2023 at 2:38 pm
question if uk mortgage rates are stupidly expensive in the uk at 6.1% on a fixed 2yr when you can get the same deal european mortgage lender at 3.2% fixed 2yr my friend has just done this and i m looking to do the same is anyone else doing this.?
@jmorr1s
December 20, 2023 at 2:38 pm
Good video but jumping straight into a plug for your adventure video undermines the gravity of it.
@annadrone4859
December 20, 2023 at 2:38 pm
Lloyds bank just bought 600 houses from Barrets to rent out….houses prices to rise or fall….Anyone in private rented better start saving…rents will go much higher..😢
@Eptor7Gd
December 20, 2023 at 2:38 pm
100% nxt Crash will make 08 look like a cake walk.The Establishments addiction to FREE credit/debt an intervention thru QE to prop up whole so called Free Capitalist Markets esp Housing Bubble!Theyve made Housing unaffordable (by deliberate design)to majority of ppl on low incomes .And now that QE/Inflation THEY created&
transferred to their Chums has come home to roost.Problem is ordinary ppl DON'T understand FIAT money&its creation out of thin air.Everything else they blame for Inflation from War,Covid&now Supermarkets is a consequence of their Policies ie the GOVs/BoE who are essentially the same entity.They think that if they spew out the same dogma narrative the vast majority will be misled!But the internets a powerful tool&the FIAT Ponzi Scheme is under threat from BRICs Nations who want out of the Petro$ thru which the Anglo/Americans have plundered the Wealth if Nations in back of a paper promissory thats about to fail!In essence theyve abused the greatest privilege on Earth to transfer Wealth to a limited few!
@lw1zfog
December 20, 2023 at 2:38 pm
explanation … you continue to be rinsed by souled out corporate globalist banksters
@Daisy-fw6cr
December 20, 2023 at 2:38 pm
Stolen money and stolen work GOD didn't like thief's murders karma's 🙂 see HOD loves Daisy
@TheSpudnip
December 20, 2023 at 2:38 pm
Frustrating that this video does not challenge the wage price spiral nonsense. We need to give people inflation busting pay rises, put price controls on essential goods and limit corporate profits. BOE raising interest rates won’t stop the Ukraine war, stop wildfires and droughts etc.. it’s only hurting working people
@thedean4431
December 20, 2023 at 2:38 pm
when the housing mkt rose by 100% why was nobody blaming the tories for making there house worth double
@cash3317
December 20, 2023 at 2:38 pm
Height of the Truss era lol
@W1DO
December 20, 2023 at 2:38 pm
Less of that race pish, I was driving and had to pull over to turn off your vid 🙂
@MrARock001
December 20, 2023 at 2:38 pm
Capitalism can do nothing but lurch for crisis to crisis, and at every turn, billionaires are pocketing money and the working class are left with less than ever before.
@frankholehouse6370
December 20, 2023 at 2:38 pm
100% no housing market
@pebblepod30
December 20, 2023 at 2:38 pm
The understanding of inflation here is simplistic & kinda wrong, I suggest the Money & Macro channel is better for that. Asking higher wages didnt cause the inflation, and it is a small part of price increases.
@paddymallory4080
December 20, 2023 at 2:38 pm
All part of the plan
@Adam-xq5xk
December 20, 2023 at 2:38 pm
Hopefully 🤞🏻 rates have been too low for too long, let's see the base rate increasing further in 2023.
@philswift1925
December 20, 2023 at 2:38 pm
praying for the market to crash 🙏
@sweetvuvuzela4634
December 20, 2023 at 2:38 pm
No no crash they have already given grace for repos
@tobiwan196
December 20, 2023 at 2:38 pm
Public debt above 100%, the economy in chaos and inflation higher than anywhere. Without the EU to keep the UK afloat, the UK is failing rapidly.
@stephenaxon3673
December 20, 2023 at 2:38 pm
"At the height of the Truss era"… was that day 6 of the lettuce degeneration video?
@AmeliaBBoi
December 20, 2023 at 2:38 pm
Every crash/collapse brings with it an equivalent market chance if you are early informed and equipped, I've seen folks amass up to $1m amid crisis, and even pull it off easily in a favorable economy. Unequivocally, the bubble/collapse is getting somebody somewhere rich
@denisdavid342
December 20, 2023 at 2:38 pm
My greatest concern is how to recover from all these economic and global troubles and stay afloat especially with the political power tussle going on in US.
@thephantomarse
December 20, 2023 at 2:38 pm
Says all the people jellous of those that own property
It will never lose money it may drop a little but will allways make money over time
@jacklawrence8236
December 20, 2023 at 2:38 pm
YOU DONT PAY FOR SOMETHING YOU OWN WAKE UP PEOPLE
@sutats
December 20, 2023 at 2:38 pm
Turn and burn time.
@nt9244
December 20, 2023 at 2:38 pm
the housing market is way over valued and will certainly correct, the high number of people that bought over valued homes with low interest rates will pay the highest price. the writings been on the wall for a while.
@dalebenton3354
December 20, 2023 at 2:38 pm
My rent was £330 per month just for a one bedroom flat,Now gone up to £480 per month,Just to keep the roof over my head,Hate to think of what the future be coming too
@dalebenton3354
December 20, 2023 at 2:38 pm
even morgage rates also gone up even higher,If I was a home owner and paying for my property,I know what I would been doing by now,To sell the property back on the Market,Or I move out,Become homeless and live in a tent,while im renting out the property,£750 per month,while im live in a tent,Got that coming out each month as a regular income as well as carrying on with my other normal Jobs