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Michelle Dewberry: Banks are rushing to increase their mortgage rates after the Budget

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💬 ’Banks and building societies that are rushing to increase their mortgage rates, are they actually going to be increasing their rates to savers?’

💬 ’Course not’

Michelle Dewberry speaks to Jo-Anne Nadler, author and commentator, about rising mortgage rates.

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20 Comments

20 Comments

  1. @conah9440

    January 8, 2024 at 7:18 pm

    If i wanted a critique of the "greed is good" ethos i wouldn't seek it from the Tory supporting GBNews. Stick to what you know best guys.

  2. @Frustino

    January 8, 2024 at 7:18 pm

    The great reset wants everyone to rent.

  3. @paulclive3626

    January 8, 2024 at 7:18 pm

    You'll own nothing & you'll be happy

  4. @robA2345

    January 8, 2024 at 7:18 pm

    Interest rates need to rise, people who have over extended need to downsize and a price correction needs to happen so young people have a chance of making somewhere their own.

  5. @johnhall4851

    January 8, 2024 at 7:18 pm

    Government and banks have played a dirty trick upon all those who took on mortgages with low rates. They do it all the time especially when a depression is looming.

  6. @harryfoster6374

    January 8, 2024 at 7:18 pm

    A recent article in a very prominent newspaper revealed that if you had recently sold your property you would probably sold it to a Bank, Financial institution or a Hedge fund., these people mean what they say ,we will own nothing, and are now proving the point. Over the next 10 years they intend to own everything, we will have to rent or hire what we need. we have to say NO.NO.NO, All being done under the con of saving the planet, which their get rich schema on a giant scale..

  7. @Edithae

    January 8, 2024 at 7:18 pm

    This is what Klaus Schwab and the World Economic Forum promised us: "You will own nothing and you will be happy".
    Best get used to living in a dystopian Feudal society – you're in one.

  8. @DrMarcB

    January 8, 2024 at 7:18 pm

    The banks are also wanting to getting into the property owner market. Conflict of interest?

  9. @Diamondphobe

    January 8, 2024 at 7:18 pm

    I knew this was going to happen last year. My parents lost their house during the 1970's and the 3 day week. I can see me losing mine because of this convid giveaway. Again nothing to do with any fault of mine but crappy government lies.

    No, I can't change mortgage. I'm on an old self-assessment mortgage (perfectly payable level) but I'm also on a zero hour contract so I cannot get a new mortgage even though I can always find work. But a tripling of interest rates (I remember the 80's too) will wipe me out.

    Thanks China.

  10. @arnolddalby5552

    January 8, 2024 at 7:18 pm

    Banks operate on fractional reserves which means banks have no money just 5% reserves and that means Mortgages are scams using promissary notes to fund payment via credit to bankers account. Bankers have no money as fractional reserve banking proves. Hahaha. Great con isn't it. Hahaha.

  11. @margereed9059

    January 8, 2024 at 7:18 pm

    The new reset you own nothing and your happy about that…. Destroying our countries

  12. @brianlopez8855

    January 8, 2024 at 7:18 pm

    Back in the early '80's you could not rent anything until the ASTs came in. The main expectation was to buy on a mortgage. Rates then were typically 8% pa mind you.

  13. @israeldiegoriveragenius2th164

    January 8, 2024 at 7:18 pm

    No to discriminatory vaccine passports.

  14. @kincaidwolf5184

    January 8, 2024 at 7:18 pm

    Only 9% of under 35s own their home. In 10-15 years the vast majority of working people age people will be renters. This will cause a significant and generational shift that will change British politics. The next election will be decided by those under 45s seeking to buy a property. Working age people are in affect proping up elderly well off pensioners with their NHS and social care. The vast majority of which own their home and many who have retired on good pensions. It's a broken system and no doubt a radical socialist government will get elected and remove 2nd homes. (I'm a Conservative voter btw).

  15. @PeacockRhino

    January 8, 2024 at 7:18 pm

    Sensed inflation was coming and fixed mine for five years a year ago. Best decision ever!

  16. @shanjanusman9974

    January 8, 2024 at 7:18 pm

    More and more people are renting than ever before no wonder we have a generation who are so unhappy. I've been renting for a year as of tommorow in Leeds and I despise renting to the core.

  17. @JG-fv9bv

    January 8, 2024 at 7:18 pm

    Banks raise mortgage rates on mortgages they sold people knowing people couldn't realky afford tnem so get into financial difficulty now they're mot earning much , banks then repossess hysical property on on existabt credit created on a coputer screen whicn was monetized when the person "borrowing" signed their name in the mortgage contract. ….the banks didn't actually lend them anything out of their own resources

  18. @sharonbosworth6002

    January 8, 2024 at 7:18 pm

    On top of every other rise, gosh give us a break

  19. @amirmohammadnoormohammad5590

    January 8, 2024 at 7:18 pm

    Kindly remember Afghanistan 🇦🇫please.

  20. @TheBmco99

    January 8, 2024 at 7:18 pm

    Let’s go Brandon

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Business UK

Jacob Rees-Moggs launches SCATHING ATTACK on ‘GOONS’ Healey and Miliband

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Watch as Jacob Rees-Mogg launches a scathing attack on Chancellor John Healey and Foreign Secretary Ed Miliband, branding them ‘goons’ following their visit to Thailand, where they were filmed riding around in a tuk-tuk.

#UKPolitics #Labour #GBNews

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Join Eamonn Holmes and Isabel Webster to start your day across the United Kingdom. This is your breakfast show. Join the conversation about what is happening in our nation and the world.

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Are Labour’s taxing policies forcing the super-rich out of the UK?

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Europe riots: Italy sends in MILITARY to ‘DEFEND’ Milan from masked gangs as city TRASHED by thugs

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Italy is sending 500 military personnel to defend Milan from rioting gangs, Giorgia Meloni’s government has announced.

Deputy Prime Minister Matteo Salvini said he was turning words into deeds after a promise to crack down on the riots.

After a weekend of street violence, which saw thousands of masked thugs loot and trash stores, set fires and attack police, the government brought forward an emergency decree that would ban public gatherings, extend preventative detention to minors and defer arrest for those committing criminal damage.

#riots #eu #france #italy #freespeech #immigration

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