Mortgage explosion will hurt renters and homeowners says expert

A mortgage "ticking time bomb" that Martin Lewis says he warned about last year, has now "exploded".

The Money Saving Expert believes the government missed an opportunity to help homeowners and renters with spiralling bills sooner, and called for immediate action. #money #mortgage #c4news

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[mrmeldrew]

This guy is literally the only public figure I trust at this point.
He has to run for office.

[tonyc]

Everyone should just stop paying there bills and f the system

[TheVRSofa]

Why would the gov care? They are rich and don't even know they're bills. Why expect them to understand? Its like expecting a child to understand taxes XD the government have no idea.

[pavlinkahristakieva]

Thank you Martin,
I always check with your prognosis and I trust you 100%!
God bless you !

[AH-fmrj]

How is it possible that in the rest of the world rate hikes resulted in rent decline but in UK it is other way around? British irony I guess.

[deborahwalker]

This is what happens when you have millionaires controlling the money of the poor. They are so far removed from the normal persons reality that it’s a shame and a travesty

[Tony_Teacake]

He wants to keep the housing bubble going as he has a huge property portfolio.

[JoButterwick]

The Tory government anticipated this. No need to worry. They already passed legislation to remove the cap on bankers bonuses.

[rexstout]

It has been government policy for the last 10 years to inflate a property bubble.

[derf]

And mark carney said for years repeatitly before that. But nobody listened

[kenlennon]

You raised the alarm as well as thousands of other intelligent people. It was obvious.

[dukemaximus]

If he has run for the govt and made a party we would have voted him to office.

[guff]

Serves all evil home owners perfectly right

[DjbreedKronikaudio]

Rubbish people spent too much wanted a house well above thier budget didnt allow enough room for rate rises which were obvious amd are gonna be stuck with high mort costs a house not worth what you paid amd unsellable just like the 80’s