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 9 July 2009 by Drew

The MPC’s decision today to leave Bank Rate unchanged for another month was really the only possible conclusion and the committee probably spent more time discussing the Quantitative Easing (QE) programme than whether to change...

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Posted on 6 July 2009 by Drew

Regular readers of the money press will be aware that the recent hot topic has been whether to fix or not.  Up until now the overwhelming evidence has pointed towards fixing being the right thing to do.  However, the...

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Posted on 30 June 2009 by Drew

According to the latest survey from the Nationwide, UK house prices rose by 0.9% in June, the third rise in the past four months, and shrank the annual rate of decline to just 9.3%, from 11.3% in May. The increase in prices...

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Posted on 17 June 2009 by Drew

Latest John Charcol Monthly Mortgage Index shows purchases now represent over half of all new mortgage applications

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Posted on 12 June 2009 by Drew

According to the CML, the number of loans handed out for house purchases in the UK rose by 16% in April compared with the previous month. However the figure remains 28% down on the same month the previous year. The data is bound...

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