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Money Box Live: Your Mortgage

Money Box

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The Mortgage Market: A Year of Debt Crisis

People must remember to consider their own financial position and how that might change before they stand as guarantor on anything. I don't think when it comes to mortgages, there's different forms of guarantor loan or guarantor mortgage available. Some where you put some of your savings into a pot against it, but other other ones can be based against your own property. So it's really worth thinking very, very carefully about whether you're able to make the payments. We're going to see if we can squeeze in one last thing. I want you all panel to make a prediction about what we'll see this year, whether in the mortgage market, maybe in the housing market more generally. Sony

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