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
12/08/2008 by
Seems obvious, but we are not talking about the actual shape of one's abode. Rather the movement in the value of each distinct type of property. Figures released today from the government show that the avearge price of a flat...
Categories: Mortgages, House Prices, Media
12/08/2008 by
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...
Categories: Mortgages, Interest rates, Fixed rate mortgages, Tracker mortgages
30/01/2008 by
Unfortunately, price changes are evenly distributed by neither location nor property type, New Build flats are the first to feel the brunt of the "property price adjustment". Having been overpriced for quite some time, a...
Categories: Mortgages, Interest rates, House Prices
30/01/2008 by
Mervyn King has been re-elected as the Governor as the Bank of England. Whilst he bears the history of the Northern Rock debacle, he makes firm decisions for the stability or the UK economy and is charged with the challenge of...
Categories: Mortgages
30/01/2008 by
Land Registry figures for house prices out this week show that they were down 0.4% in December, which brings the annual rate of growth for 2007 was 6.7% according to their scale. ...
Categories: Mortgages, House Prices
18/12/2007 by
Staggeringly, most of the big lenders in the market seem to have passed on the full rate cut to their borrowers as I write. ...
Categories: Mortgages, Mortgage Lenders, Interest rates
10/12/2007 by
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. ...
Categories: Mortgages, Interest rates, Mortgage Lenders
07/12/2007 by
Good news yesterday. The Bank of England finally lowered interest rates much to the pleasure of many mortgage...
Categories: Mortgages, Interest rates, Mortgage Lenders, Tracker mortgages, Variable mortgages
31/10/2007 by
About this time of year we are treated to a wealth of predictions and opinions on what the housing market will do in the coming year. The last few years have seen a great number of pundits and commentators sitting on the fence,...
Categories: House Prices, Mortgages
24/10/2007 by
With Halloween just one week away we creative types look for ways to use this day to promote mortgages. Tenuous I hear you cry...Well, here goes. The scariest thing in a lot of people's lives, mother-in-laws aside, is their...
Categories: Mortgages, Interest rates
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.