How bad is the mortgage time bomb?
Coffee House Shots
The Spectator
4.4 • 2.2K Ratings
🗓️ 19 June 2023
⏱️ 11 minutes
🧾️ Download transcript
Summary
Become a Spectator subscriber today to access this podcast without adverts. Go to spectator.co.uk/adfree to find out more.
For more Spectator podcasts, go to spectator.co.uk/podcasts.
Contact us: podcast@spectator.co.uk
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This episode is sponsored by Canacord Genuity Wealth Management. |
| 0:03.6 | Experience Wealth Managers who go above and beyond to guide and support you. |
| 0:08.0 | Kandu is more than just an attitude. |
| 0:09.9 | It's navigating today for a brighter tomorrow. |
| 0:13.2 | Visit kanduwealth.com. |
| 0:19.0 | Hello and welcome to CoffeeHasShot, |
| 0:20.5 | suspect 8 is daily politics podcast. |
| 0:22.9 | I'm Katie Moore and I'm known by phrase analysis and hate Andrews. |
| 0:26.8 | So partigate remains in the news, but the perhaps more worrying story for Rishi Sunak |
| 0:32.8 | is the development in the mortgage market. |
| 0:35.5 | As of this morning, two year fixed rate mortgages have risen to more than 6%. |
| 0:39.6 | Kate, this is the highest since December, |
| 0:42.4 | which was obviously the fallout of the Liz Trust mini budget. |
| 0:45.7 | And when Rishi Sunak was called into number 10, |
| 0:48.9 | it was very much seen by lots of MPs as a way to calm the markets. |
| 0:52.6 | So what is going on here? |
| 0:54.8 | So unlike last year, |
| 0:57.7 | when interest rate expectations started to surge because of fiscal events, |
| 1:02.6 | events announced and done by politicians, |
| 1:05.2 | this time it's really happening quite independent from government |
| 1:08.5 | and all the focuses on the Bank of England. |
| 1:10.5 | Rates are rising internationally anyway, |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from The Spectator, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of The Spectator and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.