Mortgages & me
Bringing both explanation and humour (yes, it is possible) to an often perceived realm of boredom
Mortgages. Let’s not kid ourselves here. If you had the choice of having one or not then there would be no choice. However, the vast majority of us, Russian billionaires excluded, need them to fuel that much loved British tradition – homeownership. So, if we all accept that we need them, you may as well do something positive and get the best one for you. It is staggering how many people make sure they get value for money from every day items but do not manage their home loan properly - the savings far outweigh the difference between the best baked beans and the value ones.
So, this blog will attempt to look at the world of mortgages and the housing market and try to bring both explanation and humour (yes, it is possible), and spark some comment, to an oft perceived realm of boredom. Here goes…
Drew Wotherspoon
Posted on 4 March 2010 by
Following the publication of last month’s Quarterly Inflation Report there was little doubt that bank rate would remain on hold this month. The good news for borrowers is that while bank rate remains dormant, mortgage rates...
Posted on 23 February 2010 by
Towergate Financial Acquires John Charcol Towergate Financial, the financial advisory business of the Towergate Partnership, today announces the acquisition of John Charcol, the leading independent mortgage advisory...
Posted on 4 February 2010 by
Let's make the first bit quick. Bank rate was held at 0.5% by the Bank of England today, no surprise there then...however, of more interest is...
The return of the remortgage?The slowly improving mortgage market will...
Posted on 4 February 2010 by
Just 40 minutes to go before February's announcement from the Bank of England on Bank Rate. You'd have to be a brave person to predict anything other than a hold but whether QE is stopped or not is not quite as easy to...
Posted on 21 January 2010 by
The big news today is that the Skipton Building Society has increased its Standard Variable Rate from 3.5% to a staggering 4.95%, at the same time breaking contracts with thousands of their borrowers. They had promised...
The blog postings on this site solely reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Drew Wotherspoon will accept liability for them.
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