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Liverpool Echo
Liverpool Echo
Entertainment
Gemma Jones

This Morning fans panic as Martin Lewis 'lost for words' over cost of living crisis

Martin Lewis appeared on This Morning to discuss increasing mortgage rates - but left fans panicked.

The Money Saving Expert gave his advice on the UK's mortgage market turmoil as interest rates have risen to 2.25% this week. The mini-budget also detailed the new price guarantee for energy meaning that household bills will hit a new high.

However, as Martin gave his expert opinion on the matters, there was one moment where he was 'lost for words'. Callers had rang in to the ITV show to ask for his words of wisdom but one question had him unsure.

READ MORE: New Martin Lewis advice that could save you hundreds each month

Host Phillip Scofield read out the question, which asked what people can do about ever increasing mortgage costs as they were struggling to afford their payments. They asked: "What can I do?"

Martin held his chin, shook his head, and shrugged before he said: "I don't know." He was speechless for a moment as he chose his next words carefully.

He said: "The situation now is bad. And if those interest rates go up as discussed, and it's not certain that they will, but that is what the markets are predicting, then we are going to have millions of people sitting on a mortgage ticking time bomb."

Fans on Twitter were devastated by his reaction to the question. Lee said: "It really is a scary place to be at the moment financially and I fear for a lot of people and it worrying that Martin Lewis is rendered speechless when talking about the mini budget #mortgages #CostOfLivingCrisis #martinlewis #thismorning."

Another user said: "It's scary when even @MartinSLewis says he doesn't know what to do. #ThisMorning". MJ said: "When @MartinSLewis comes on TV puts his head In his hands and says 'I don’t know', then you know you’re f*****. #ThisMorning."

One more user added: "Poor @MartinSLewis looking genuinely broken for people on @thismorning. What desperate times for so many #thismorning". Swalk said: "You know we’re in the s*** when Martin shakes his head, says he doesn’t know and looks like he’s going to burst into tears!!! #ThisMorning."

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