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Money Box: Mortgages and Part-time Work for Students

23/09/2023

Mortgages and Part-time Work for Students

BBC Radio 4 - Money Box, Mortgages and Part-time Work for Students

As the Bank of England holds interest rates at 5.25% - what does that mean for mortgages?

Research shows nearly half of universities are now encouraging students to work part time by promoting it on their websites.

The Bank of England has held interest rates at 5.25%, ending a run of 14 consecutive increases.  What does that mean for mortgages?  We'll also look back one year on from the mini-budget.  Hear from Clare Beardmore the Director of the Mortgage Club at Legal and General and Nimesh Shah the CEO of Blick Rothenberg.

Nearly half of our universities are now encouraging students to work part time by promoting it on their websites. The Higher Education Policy Institute, which carried out the research, has described it as a major change in the attitude of universities.  Dan Whitworth reports from St. Andrews.

And what does the rates freeze mean for savers - we'll speak to Anna Bowes the founder of SavingsChampion.co.uk.

Presenter: Paul Lewis
Reporters: Dan Whitworth and Sam Clack
Researchers: Luke Smithurst and Jo Krasner
Editor: Jess Quayle

Mortgages 00:00
Students and Part-time Work 10:26
Energy Report 18:35
Savings and Best Rates 19:29

(First broadcast 12pm, Saturday 23rd September, 2023)

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