"It’s during these challenging conditions that mortgage advisers can fully demonstrate the value they can add"

Jo Carrasco, business partnerships director at Stonebridge:

“This latest increase intensifies the challenge for mortgage advisers to guide new and existing clients through potentially higher borrowing costs, all while the cost of living crisis continues to challenge UK households. 

“However, it’s during these challenging conditions that mortgage advisers can fully demonstrate the value they can add to the financial wellbeing of existing and aspirational homeowners."