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Daily Record
Daily Record
Lifestyle
Linda Howard

Martin Lewis warns cost of living crisis may affect people applying for a mortgage this year

Martin Lewis has been front and centre when it comes to giving millions of people across the country the latest advice on dealing with the cost of living crisis, covering everything from energy bills to broadband, insurance rates and savings deals.

And on the latest edition of the ‘Ask Martin Lewis Podcast’ on BBC Radio 5 Live, the founder of MoneySavingExpert.com had a grim warning for people applying for a mortgage this year.

He was asked if the current cost of living crisis would impact someone’s credit worthiness, and confirmed that it would if you’re doing something that has a negative effect such as missing payments, altering the way you pay or if you’re late on paying things.

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