Are we on the verge of a serious mortgage crisis?

<p><a href="https://www.standard.co.uk/business/money/average-twoyear-fixedrate-mortgage-edges-close-to-6-b1030210.html" rel="noopener noreferrer" target="_blank">Halifax has raised interest on its average mortgage deals to almost 6%</a> as Liz Truss admitted the UK faces ‘tough times’. So how bad could things get? And are we looking at a serious mortgage crisis? Our <a href="https://twitter.com/JonPrynn" rel="noopener noreferrer" target="_blank">Business Editor Jonathan Prynn</a> examines how the latest mortgage rate increase will impact the market, and how high rates could get over the next year. In this episode:</p><p><br></p><ul><li>Reaction to Halifax mortgage rates increase</li><li>Are there any signs of the housing market slowing down?</li><li><a href="https://www.standard.co.uk/business/london-property-crash-reports-are-exaggerated-for-now-b1029775.html" rel="noopener noreferrer" target="_blank">London’s housing market</a> vs the rest of the country</li><li>Will we see a drop in first-time buyers?</li><li>Are we on the verge of a serious housing market crisis?</li></ul><p><br></p><p><a href="https://twitter.com/EveningStandard" rel="noopener noreferrer" target="_blank">Follow us on Twitter</a> #TheLeaderPodcast</p><p><br></p><br /><hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>