Are two-year mortgages fashionable again - and why are first-time buyers borrowing less from family?
This is Money Podcast
This is Money
4.1 • 650 Ratings
🗓️ 11 April 2025
⏱️ 35 minutes
🧾️ Download transcript
Summary
Now, UK Finance figures show shorter fixed deals are once again back in vogue.
Does that mean people think rates are heading down - and what do you need to think about when choosing yours? This is Money's Helen Crane and Georgie Frost discuss.
Elsewhere in the property market, TSB data reveals that the average first-time buyer is now past their 30th birthday in all but one region of Britain.
Perhaps more surprisingly, though, the amount people borrowed from family to get on the property ladder went down last year.
The team ask why that is, and tips for saving a house deposit.
Donald Trump's tariffs have continued to dominate the headlines this week, causing a whirlwind on the global markets.
Is this going to bring down savings rates for good, and what can people do with their money instead?
On the bright side, though, it means there might be a very short window in which you can buy a cheap TV.
We are also running a listener survey, to get your thoughts on what you like about the podcast and what we can improve.
We would really appreciate if you could take a few minutes to fill it in - you can do so here.
Transcript
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| 0:00.0 | Welcome to This Is Money Podcast, sponsored by Charles Stanley Direct. I'm Georgie Frost, and joining me today is Helen Crane. |
| 0:09.3 | And coming up, well, we thought we'd give you a bit of a breather on Trump and tariffs this week. I mean, it will come up. |
| 0:15.6 | But we want to instead turn our attention to mortgages and where the two-year fixes are back in fashion, |
| 0:21.6 | first-time buyers getting older, but at least they're borrowing less from their folks. |
| 0:25.6 | Is this the end for 4% savings and could we be about to see TVs? |
| 0:30.6 | Get a lot cheaper. |
| 0:31.6 | Don't forget your stuff today. |
| 0:33.6 | With all the latest breaking money news, just go to this ismoney.co. |
| 0:36.6 | .uK or download the app. |
| 0:39.0 | Take control of your finances with Charles Stanley direct, invest, save, coach or plan using technology |
| 0:47.8 | where it's helpful and people where it matters. Our website and app make trading cost effective |
| 0:53.8 | and flexible, but we're more than |
| 0:55.7 | just an online investment service. We're here for you, regardless of your financial needs, |
| 1:01.0 | or if your life takes an unexpected term. Your finances, your way. Take control today with Charles |
| 1:08.6 | Stanley Direct. Sign up now. Investment involves risk. But first, before we get |
| 1:13.7 | started, we are calling on you, dear listener, for your help. Obviously, listening to us is up there with |
| 1:20.7 | your favourite part of the week. Recording it for us is definitely up there for us. But this is your pod and we want to continue to make it |
| 1:29.5 | better for you. So we are running a short survey to find out just a little bit more about you guys. |
| 1:34.0 | We want to know what you like about the pod, what you'd like to see more of perhaps from us. |
| 1:39.2 | It would be really good if you could just take a few minutes, super valuable for us, just to answer some of the questions. |
| 1:45.9 | The link is in the show notes and I'll put it on my Insta page two. All right. Right. It's back to it. |
| 1:52.9 | Helen, mortgages. And how long to fix for? Now, the gap between rates on two and five year fixes |
... |
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