Martin Lewis has warned millions of homeowners that the mortgage ticking time bomb is now 'exploding'. The founder of Money Saving Expert made an appearance on Good Morning Britain on Tuesday (June 20) to give viewers the latest on the mortgage crisis and offer advice to people who may be struggling.
The money-saving guru, 51, who also has his own ITV show titled The Martin Lewis Money Show Live, appeared via a video link to speak to hosts Susanna Reid and Richard Madeley about the impact of rising interest rates on homeowners.
In a previous appearance on the ITV breakfast show, Martin told viewers that there was a "mortgage ticking time bomb”, but after recent events, he warned this is now "exploding" and that the impact of it will be a "nightmare."
