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 18/12/2007 by Drew

Staggeringly, most of the big lenders in the market seem to have passed on the full rate cut to their borrowers as I write.

Of course, you would have to have been on the moon to have missed the bad news - after bad news - on...

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Categories: Interest rates, Mortgage Lenders, Mortgages

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Posted on 10/12/2007 by Drew

Life moves pretty fast, if you don't stop and take a look around once in a while... ok, the strangest of starts to a mortgage related blog, but one that is all too apt at the moment.

Blink, and you could miss some serious...

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Categories: Interest rates, Mortgage Lenders, Mortgages

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Posted on 07/12/2007 by Drew

Good news yesterday. The Bank of England finally lowered interest rates much to the pleasure of many...

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Categories: Interest rates, Mortgage Lenders, Mortgages, Tracker mortgages, Variable mortgages

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Posted on 14/11/2007 by Drew

There have been renewed calls for an immediate cut in interest rates over the last few days, providing borrowers with a much needed boost before Christmas. Whether or not this will happen is almost anyone’s guess at present, but...

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Categories: Government, Interest rates

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Posted on 07/11/2007 by Drew

Tomorrow sees the Bank of England's MPC committee announce the path of bank rate for the coming month.  It is odds on that it will not change, but there is a small ripple of people suggesting it may.  One point in...

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Categories: Interest rates

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