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 21 August 2008 by Drew

News from the Council of Mortgage Lenders that lending activity picked up very slightly in July, with £24.8 billion advanced to borrowers. This is up a modest 5% from June, but still down 27% year on year.

Whilst one should...

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Category: Interest rates, Mortgage Lenders, Mortgages

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Posted on 20 August 2008 by Drew

When people find out that you work in mortgages, the first question they invariably ask is "what’s the best mortgage?" A fair question I think. After all, it’s like asking a chef what the best pudding is. However, unlike the...

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Category: Interest rates, Mortgages

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Posted on 19 August 2008 by Drew

More good news for the mortgage market with the announcement from Lloyds TSB that it is cutting its mortgage rates for the second time in two weeks amid signs that real levels of competition are returning to the market. The...

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

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Posted on 18 August 2008 by Drew

Just to let you all know, we will soon be launching a new section on the site which aims to ask you your opinion on the housing market at regular intervals.  We are consistently asked for stories from the nation's media and...

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Posted on 14 August 2008 by Drew

Having just returned from two weeks in France, some of which was spent (thankfully) with non-mortgage types, I learned a valuable lesson.  The UK mortgage buyer is confused.  Just what is the best way to get the best...

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Category: Interest rates, Media, Mortgages

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