<p>Mortgage borrowers have had a few days to think about the potential impact of higher gilt yields on interest rates. Since this has started to rise, have you come across any borrowers who are concerned about this? Is it influencing their behaviour i.e choosing a five-year fix or deciding to refinance early? Or have you not yet seen any reaction from your clients?</p>

mortgages

Do your mortgage clients seem worried about the gilt yield rise?

We have seen an uplift in clients concerned with what they are reading about the state of the market and how that could impact their mortgage. These concerns are mainly coming from people who's mortgage is coming to an end this year, we have also had people who are considering coming out of their current deals early to secure a new rate given how concerned they are. 

Having started working as a cashier in a well-known bank 11 years ago, Jack worked hard and made his way up the career ladder. In early 2015 he became fully qualified to provide advice on mortgages. Being very customer focused, he strongly believes in treating people in the way in which he would want to be treated.

Being totally independent and having access to the whole of the mortgage market means that he can advise his clients no matter what their circumstances to their best interest.

Outside of work, Jack is a keen football fan with Portsmouth being his favourite team. He also enjoys running and completed the London Marathon in 2021.

Do your mortgage clients seem worried about the gilt yield rise?

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Jack Tutton

Director at SJ Mortgages

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