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
21/12/2010 by
Read what Ray Boulger has to say on the latest ads from Lloyds Banking Group. Click here to find out more.
Categories: Mortgages, Buy to let, Interest rates, House Prices, Remortgaging
09/11/2010 by
Enquiries for remortgaging spiked in October as many mortgage borrowers looked to see if they are currently in the best place. With constant stories of doom and gloom and the impact of the Consumer Spending Review starting to...
Categories: Remortgaging, Variable mortgages, Fixed rate mortgages, Mortgages
07/10/2010 by
Now that Bank Rate has remained at 0.5% for 19 months a new milestone has been passed. Bank Rate, which has had various names over the years, has now been unchanged for the longest period since the Second World War.
After a false...
Categories: Mortgages, Long term fixed rates, Tracker mortgages, Fixed rate mortgages
05/10/2010 by
The latest John Charcol Mortgage Index sees a reverse in the recent purchase figures, as remortgaging begins to make a comeback. Click here for the full details
28/09/2010 by
Profiteering bunch of you know whats, or sensible institutions that are merely repairing their balance sheets and providing a banking system built on rock. What do you think?
13/09/2010 by
Today’s mortgage lending figures from the CML provide further confirmation that there has been no follow through to the significant improvement, from a very low base, in the number of housing transactions from the nadir in the...
09/09/2010 by
The FSA is expected to announce that it is fining Goldman Sachs £20 million for the way it sold mortgage-backed securities in the UK in the period leading up to the credit crunch. ...
26/08/2010 by
In July 2010, the proportion of purchase business transacted by John Charcol was the highest it has been for many, many years. Click here for the full report.
Categories: Buy to let, Mortgages, Tracker mortgages, Fixed rate mortgages, Home Mover, Remortgaging
11/08/2010 by
Another great example of the never ending contradictions that are house price and mortgage reports. ...
11/08/2010 by
I am all but certain this used to be a sweet, but these days it more commonly refers to our economy and the not so sweet prospect of a double dip recession. News over the last few days has left us wondering again whether we will...
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.