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

Cheap Mortgages, they're cheap and they're not...

13/08/2008 by Drew

I am reliably informed that one of the most popular mortgage search terms for mortgages on www.google.co.uk is for cheap mortgages; after all, everyone likes a bargain. ...

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Categories: Mortgages, Interest rates, Fixed rate mortgages, Tracker mortgages

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Track your way to a cheaper mortgage

12/08/2008 by Drew

Figures from the Council of Mortgage Lenders have revealed that the number of loans for house pruchase in the UK in June fell to fewer than half the number made in the same month in 2007.  Some 47,000 loans were approved compared...

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Categories: Mortgages, Interest rates, Fixed rate mortgages, Tracker mortgages

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No long term fixed rates please, we're British

12/10/2007 by Drew

So the government will be renewing its campaign to dispel the apathy felt by homeowners towards long term fixed rates - good luck, they are going to need it.  In principal the idea that long term fixed rates will bring stability...

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Categories: Mortgages, Budget, Long term fixed rates, Fixed rate mortgages, Government

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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 John Charcol. All comments are made in good faith, and neither John Charcol nor Drew Wotherspoon will accept liability for them.

Terms & conditions

Your initial mortgage consultation is obligation free. There will be a minimum fee for our mortgage service of £450, of which £150 is payable when you apply, and we will retain the commission from the mortgage lender. Alternatively, you can choose the fee only option which is typically 0.65% of the amount borrowed. The precise amount will depend on your circumstances and mortgage loan amount, and will be discussed and agreed before you make a mortgage application.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT

Legals

John Charcol is a trading style of Towergate Financial (West) Ltd, which is authorised and regulated by the Financial Services Authority; our registration number is 147692. John Charcol Associates LLP is an appointed representative of Towergate Financial (West) Ltd, which is authorised and regulated by the Financial Services Authority.  Registered office: Towergate House, Eclipse Park, Sittingbourne Road, Maidstone, Kent ME14 3EN. Registered in England No: 02292688.  This mortgage site is only directed at persons within the UK.   The FSA does not regulate some investment mortgage contracts.  Calls may be recorded for training and monitoring. Max call charge from a BT landline is 3.9p per minute. Calls from other networks may vary.