AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
Britain’s Mortgage Crisis!
Patrick Boyle On Finance
The Impact of the Interest Rate Squeeze on Borrowers
The interest rates squeeze will, of course, be distributed differently through society. Borrowers who haven't paid off much of their mortgage can be expected to take a bigger proportional hit. For borrowers under the age of 35, the hit from higher repayments is expected to be around 4.5%. This compares to around 2.5% for those aged 55 and older. The rise came after public sector net borrowing reached £20 billion for May.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode