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Podcast: The Property Nomads Podcast
Episode: PROPERTY: BoE Raises Rates + Mortgage Market Reaction - with Marc Champ of Wharf Financial
Description: In this episode, Rob sits down for his weekly chat with Marc Champ of Wharf Financial. Marc is a member of the advisory board for the National Association of Commercial Finance Brokers (NACFB), with 20 years of experience in the industry. During this episode, they discuss the recent Bank of England interest rate rises. In particular how the mortgage market has responded to it and what that means for property investors, developers, and entrepreneurs. Â KEY TAKEAWAYS The rates of mortgages have jumped up by much more than the base rate. In many cases, they are a...