This is a must-listen episode for anyone who is unsure of the implications of the current financial crisis. Rory tackles all the questions head-on, offering frank and clear insight, and more than a little reassurance. "Don't Panic" is his mantra, but he explains best and worst case scenarios for first-time buyers, home-owners with mortgage deals coming up for renewal and home-owners with longer mortgage deals. He also looks at the current situation with pensions and, with some good news, reflects on what is available for savers.This episode was recorded on October 26th 2022. Obviously the information contained within could become out-of-date depending on what happens next with the economy, Please note that this podcast should not be considered as personal advice as everyone's situation is different. Please seek the advice of a professional for your own situation.For more info, head over to www.jlmmortgages.co.uk
Nick and Rory delve deep into Equity Release Mortgages. Exactly what are they? Who are they good for and who do they not work for? Why do they have a bad reputation? How do they work? What are the pitfalls? They also look at how mortgage lenders are responding to the cost of living crisis. Is it harder now to get a mortgage and what if you can't afford your monthly repayments? Plus Rory explains why you should avoid Bitcoin and gives you some new products which might be worth your consideration.Disclaimer: This podcast is intended for information purposes only and should not be taken as personal advice, as everyone's situation is different. If you want personal advice, please contact your financial adviser.
