Scramble for UK Mortgages (Audio)
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There's been a mass scramble by borrowers to agree mortgages, but by next week getting a fixed mortgage below 5% will be rare, says Ray Boulger​, from John Charcol mortgage brokers. He tells Bloomberg's Caroline Hepker and Tom MacKenzie rising rates means the UK property market has peaked and home prices could drop by 5-10% in 2023. See omnystudio.com/listener) for privacy information.