Financial expert Martin Lewis appeared lost for words today as he appeared on ITV's This Morning to talk about increasing mortgage rates. During his time on the daytime magazine show today (September 28) hosted by Holly Willoughby and Phillip Schofield, the Money Saving Expert founder took calls from viewers in difficult financial situations.
Martin, 50, gave advice to viewers regarding the state of the UK's mortgage market following the increase of interest rates to 2.5% this week. Household bills are also due to skyrocket to a new high after last Friday's mini-budget, which included details of the new energy price guarantee.
At one point, as he appeared on the show via video link, Martin shrugged his shoulders and shook his head as he tried to find the answer to a concerned viewer's question. The question, read out by Phil, asked what people can do about ever increasing mortgage costs because many were struggling to afford their payments.
