Martin Lewis was back at the helm of his BBC podcast on Wednesday (October 12) to offer his valuable money-saving advice. The Martin Lewis Podcast is released on BBC Radio 5 Live each week and focuses on a different subject to help viewers through the cost-of-living crisis.
The MoneySavingExpert founder answers financial questions from listeners as well as giving his helpful money-saving tricks and trips. This week Martin focused his recent episode around mortgages after homeowners who are becoming increasingly concerned about their mortgages and fear their repayments will become even more unaffordable if interest rates rise to as high as six percent.
After the mini budget was announced on September 23, it was warned that the Bank of England could raise interest rates to help bring down inflation. Ever since then mortgage lenders have been taking deals off the market leaving many people panicking about their mortgage costs.
