In this podcast Phil Spencer caught with with Charlotte Harrison, CEO of Home Lending @skiptonbuildingsociety to find out what will happen to mortgage rates, what lenders are doing to help people who want to buy a home for the first time, as well as home owners with existing mortgages that might be coming to an end.
We also wanted to look closer at the 99% & 100% mortgages.
The timestamps below are indicators of what was discussed - you can use them to skip to a particular area of interest.
👉 VIDEO TIMESTAMPS ⏳ 00:00 Introduction 01:51 Rate stability & positive signs 02:13 Repricing to support new & existing mortgage customers 04:45 Increased number of first-time buyers 05:49 The 99% & 100% mortgage 08:22 Rent as part of affordability assessment at Skipton 09:39 Lending on properties with cladding 11:14 External impacts on mortgage lending 12:53 Top tip - stress test yourself 13:36 Rate expectations
