GG

Grace Gausden

Money and Business Editor at The i Paper

Deputy Money Editor at @theipaper @ipapermoney. Cheese, wine, animal and Agatha Christie lover.

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  • i News
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  • The i Paper
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  • The i Paper
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  • The Independent
  • This is Money

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  • —The i Paper
  • ‘I’m still paying the price for the mini-Budget’: The worst 12 months for mortgages
    15 Sep 2023—The i Paper
    Things started to go wrong for the mortgage market a year ago. Liz Truss’s disastrous mini-Budget took place on 23 September and after that swap rates, the rates bank used to work out how much to charge for mortgages, shot up. Mortgage brokers blinked at their computers as email after email arrived in their inboxes informing them of rates being increased or cheapest rates being pulled. Soon, it descended into chaos. Two-year fixes went from 4.74 per cent on the 23 September, the day of the...

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