Your Questions Answered on mortgages, rent and home ownership

Homeowners and renters in Norwich have been quizzing a mortgage expert on how the recent hike in rates will affect them.

Major mortgage lenders are increasing the cost of home loans, with the average two-year fixed rate now close to 6%, new figures show.

Sarah Tucker, founder of the Mortgage Mum in Essex, gives her opinion on a range of topics related to mortgages, future home ownership and landlords.

Rachel Springall, from Norwich-based financial information service Moneyfacts, said: "Borrowers would be wise to keep calm over the current volatility in the mortgage market and seek the advice from a independent broker."