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Phoebe Jobling & Zara Woodcock & Catherine Addison-Swan

Martin Lewis struggles to advise This Morning viewer as he warns of ‘mortgage ticking timebomb’

Martin Lewis was left at a rare loss for words on This Morning after a desperate viewer asked for advice on their mortgage.

The financial expert appeared on the ITV show to discuss the impact of rising interest rates following the Tories ’ mini-Budget, warning that they would be “catastrophic” for many in the UK. Homeowners have been warned that they could face paying up to £10,000 a year more on their mortgage if interest rates continue to rise.

As Holly Willoughby and Phillip Schofield read out questions from viewers at home, one person asked Martin what she could do as she was worried about being able to afford her mortgage repayments, the Manchester Evening News reports . But the MoneySavingExpert founder was left unable to issue advice.

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