Podcast Summary
Cost of remortgaging to increase significantly, averaging £2,900 per year for households by 2026: Remortgaging costs to rise, with average household facing £2,900 annual increase and total repayments reaching £15.8 billion by 2026 due to base rate hikes and government policies.
The cost of remortgaging is expected to significantly increase in the coming years, with the average household facing an additional £2,900 per year and the total repayments reaching £15.8 billion by 2026. This is due to the Bank of England's predicted continuation of base rate increases, potentially leading to an average 2-year fixed rate deal of 6.25% in the second half of 2023. The government is being urged to intervene, as the removal of mortgage holder tax relief and the current taxation of private landlords' turnover instead of profit, is driving many landlords out of the market and increasing rents. Additionally, Boris Johnson's personal notebooks from his time in office, which are expected to form the basis of his political memoirs, are being withheld from him due to security concerns, including potentially sensitive WhatsApp messages. This situation adds to the ongoing debate about who gets to access these materials and what they contain.
Recognizing those making a difference: This Mother's Day, celebrate those making a positive impact, from individuals like Terry Waite and George Imafidon to the mothers and mother figures in your life, and support community efforts with Stamps.com for mailing needs.
While some people are facing unimaginable hardships and loss, as seen in the tragic capsizing of a boat carrying migrants off the coast of Greece, there are also inspiring stories of individuals making a difference in their communities. Terry Waite, a former hostage and charity worker, and George Imafidon, a young entrepreneur, are among those recognized for their achievements in the first king's birthday honors list. Imafidon, in particular, is making a difference by providing opportunities to young people in Peckham who were previously deprived of them. While it's important to acknowledge the challenges and tragedies in the world, it's equally important to celebrate and support those who are making a positive impact. This Mother's Day, consider giving back to the mothers and mother figures in your life, and to those in your community who are making a difference. And for your business needs, consider the no-brainer solution of using Stamps.com for your mailing needs.
Streamline your business mailing and shipping with Stamps.com: Connects with major marketplaces and shopping carts, offers discounted rates, flexible mobile app, and risk-free trial
Stamps.com offers businesses a streamlined solution for mailing and shipping needs, making processes more efficient and saving time. By connecting with major marketplaces and shopping carts, scheduling pickups, and providing discounted rates up to 89% off USPS and UPS, Stamps.com enables businesses to focus less on logistics and more on growth. The mobile app adds flexibility, allowing users to manage mailing and shipping tasks from anywhere. With no long-term commitments or contracts, the 4-week trial, free postage, and a free digital scale offer a risk-free opportunity to experience the benefits. Over a million businesses have already made the switch, making Stamps.com a smart choice for streamlining your business operations.
