Episode 18: Bank of England Rate Decision, Market Predictions & Mortgage Trends - Broker Collective PodcastIn Episode 18 of the Broker Collective Podcast, hosted by Riz Malik with co-hosts Lewis'Trawleman' Shaw and Jamie 'Dimora' Lennox, the team dives deep into the latest Bank of England base rate decision holding at 5%, and its implications for brokers and the UK property market. They discuss HSBC's forecasting on potential rate cuts and how it might affect both high and low-end market segments. Insights from personal experiences in the mortgage business are shared, including the impact of automation in client communication. The episode ends with advice for business growth and maintaining work-life balance.00:00 Introduction and Welcome00:40 Bank of England Base Rate Decision02:31 Market Predictions and Property Prices05:51 Impact on Mortgage Pricing08:08 Current Market Activity12:04 Upcoming Budget and Economic Concerns18:04 Challenges with Mortgage Rate Changes26:48 Office Keyboard Talk27:29 Challenges in the Mortgage Market28:52 Interesting Facts About Norwich29:51 Sponsorship and Inflation Discussion30:16 Growing Your Business33:13 Recruitment Experiences38:32 Technology Corner: Automated Text Updates42:37 The Importance of Communication45:46 Psychology Corner: Be Present47:00 Conclusion and FarewellFOR PROFESSIONAL INTERMEDIARY USE ONLY.This podcast is intended for mortgage brokers and financial advisers and is not intended for use by the general public. The content provided is for informational and educational purposes only and does not constitute financial, legal, or mortgage advice.The views expressed are those of the individual hosts and guests and do not necessarily reflect the views of their respective firms. Always conduct your own research and due diligence.

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