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‘The cost of debt is going up for everybody’ | Justin Urquhart Stewart

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‘The cost of debt is going up for everybody, so what looked like a cheap mortgage will start to look more expensive… we come back to the issue of how do you manage your debt.’

Justin Urquhart Stewart on the impact rising interest rates and inflation will have on borrowing.

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17 Comments

17 Comments

  1. @nintendy

    December 23, 2023 at 10:58 pm

    I find Mr. Stewart very attractive; the facial hair of recent times suits him well.

  2. @onetech3984

    December 23, 2023 at 10:58 pm

    did this guy go to the GB news in his combine harvester?

  3. @onetech3984

    December 23, 2023 at 10:58 pm

    who is this clown defense spending money down the drain WTF!!

  4. @alisonbrown1841

    December 23, 2023 at 10:58 pm

    NEVER OUT DEBT CAUSE YOU DONT ALLOW THE PEOPLE TO MAKE NOTHING TO SELL. NEVER ENDING DEBT. LUDICROUS GREED WHO CARES ABOUT THE PLEBS, IVE GETTING BILLIONS

  5. @alisonbrown1841

    December 23, 2023 at 10:58 pm

    House with lots off credit cards maxed Out, now thanks to them were on free fall. Blackrock & goldensachs no let them frack to feed the people, no money in that for them so not permitted folks

  6. @alisonbrown1841

    December 23, 2023 at 10:58 pm

    Greed and their still scamming us now, ploughing the money in with high interest rates. All part of the plan!!! NHS ALL SUBCONTRACTED OUT, WHO OWNS THE SHARES OF AL NHS SUBCONTRACTED COMPANIES WESTMINSTER YRLY SCAM FOR DECADES. WAKE UP FOLKS THEIR W.E.F CARTEL IN WESTMINSTER JUST BLACKROCK BILL GATES ETC PARLIMENT COUNCIL ANOTHER LAYER

  7. @tanseygreen

    December 23, 2023 at 10:58 pm

    I have no debts bring on the interest rate rises

  8. @garyoneill545

    December 23, 2023 at 10:58 pm

    Any ecomony runs on cheap affordable energy.There's a lot more to this.Have they turned the printing machines of yet?

  9. @thelettingsguru

    December 23, 2023 at 10:58 pm

    180 billion saved during Lockdown. what is happening with that money before we spend another £200 billion on bailing out the middle class

  10. @karenyoung8341

    December 23, 2023 at 10:58 pm

    I worked in the mortgage industry up until last year. The houses were being sold at incredibly high prices. The sellers were quids in, the buyers have got negative equity round the corner

  11. @japfourme381

    December 23, 2023 at 10:58 pm

    Absolutely! This is what The likes of Sunak does not understand, everyone needs help!!

  12. @MJ-YT-USR

    December 23, 2023 at 10:58 pm

    OK I've worked with data and numbers professionally for over 20 years now, but you don't have to have a huge amount of mathematical skill or financial awareness to do some financial planning and budgeting for yourself. I drew up a financial plan 8 years ago (whilst still in my early 30's) to pay off our mortgage, and we achieved that earlier this year. It took commitment and we made some sacrifices, but we did it, and we've left those who spent recklessly on expensive holidays, cars etc. in our wake. I'm now ready and prepared to help close family members with the cost of living should they need it.

  13. @captainbuggernut9565

    December 23, 2023 at 10:58 pm

    Inflation is being driven by fuel prices not consumer spending. So I fail to see how raising interest rates is going to help. Your simply see more people unable to pay for the debt their in.

  14. @iancampbell3202

    December 23, 2023 at 10:58 pm

    I wouldn’t be at all surprised to see interest rates at 10% in the not too distant future. All caused by printing way too much money.

  15. @johnblowes600

    December 23, 2023 at 10:58 pm

    I am of the generation that saved and purchased items when you had the money to pay for them

  16. @paulgibbons2320

    December 23, 2023 at 10:58 pm

    Except for government. Apparently cost of borrowing for government is rock bottom they want to hang it round our necks some more then disapear out of office.

  17. @karlmarxx6228

    December 23, 2023 at 10:58 pm

    everybody? lol

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