TAGGED UNDER: Business, Entrepreneurs

Merryn Somerset Webb on mortgage and interest rates

Raleigh Addington
Raleigh Addington
editor at Chartwell Speakers

Merryn Somerset Webb spoke to Andrew Neil for the BBC about current mortgage and interest rates. Discussing the 2.5% mortgages available on a 5 year fixed term, she suggested that these are not sustainable long-term and that rates will go up in the future. She also said that although 7% would be a ‘normal’ mortgage at the moment, people do realise that current mortgage and interest rate are not really normal.

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