Martin Lewis had his head in his hands on ITV's Good Morning Britain on Monday (Oct 10) as he discussed the potential rise in rents caused by the mortgage crisis. He was answering questions from concerned viewers as he hosted alongside Susanna Reid.
Homeowners have been increasingly concerned about rises in mortgage rates in recent weeks after the Government's mini budget sent to markets into turmoil. There are predictions that the Bank of England could raise interest rates as high as six per cent.
But it isn't just those who own homes who are worried, renters also worry that the costs of their landlords' rising mortgages will be passed onto them. Martin responded to several questions about this issue on the ITV breakfast show, as reported by Manchester Evening News.
