Are banks triggering a mortgage credit crunch‪?‬ This is Money Podcast

Banks and building societies have been slashing their mortgage ranges for those with smaller deposits.




The number of mortgages available for those with a 10 per cent deposit has plummeted by 90 per cent compared since the start of March.




This week, Nationwide announced it won’t lend on deposits smaller than 15 per cent, while TSB says even that’s not quite enough.




What’s going on and is this triggering a mortgage credit crunch?




On this week’s podcast we look at how the mortgage squeeze compares to what happened after the financial crisis, how this will affect those who want to buy and those who need to remortgage.




Will the crunch last and send house prices down? Or has Britain’s property market got the kind of Terminator characteristics that will see it claw its way back up from coronavirus?




Also, this week, as inflation nosedives we look at how savers can now beat the cost of living – are they really better off?




And finally, while the nation is supposedly feeling the punch from the economic effects of coronavirus, there are some strange spending patterns going on... 

...This is Money has uncovered a hot tub sales boom in lockdown, but why?