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 May 2009 by Drew

Confidence started returning to first time buyers (FTBs) at the beginning of this year according to the John Charcol Index, the new monthly mortgage activity monitor from John Charcol, the UK’s leading independent mortgage...

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Posted on 8 May 2009 by Drew

We have heard from a number of lenders today about putting the rates on their best fixed rate mortgages up.  If you are thinking about one then the message is clear, get in quick.  To have a look at the current...

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Category: Long term fixed rates, Mortgages

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Posted on 7 May 2009 by Drew

•    Some improvement in availability of higher LTV mortgages•    More signs of confidence returning to the housing market“Today’s decision by the MPC to leave Bank Rate unchanged for the second...

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Posted on 6 May 2009 by Drew

According to the National Institute of Economic and Social Research (NIESR), the UK recession could be the worst since the early 1930s. They said in 2009 the country's GDP could contract by 4.3%, and then grow in 2010 by 0.9%....

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Posted on 27 April 2009 by Drew

•    John Charcol launches a new 3 part Monthly Index tracking split between:(1)Fixed/Capped/Trackers (2)Purchases and Remortgages (3)FTBs/Other PurchasersThe first quarter of 2009 has seen one of the biggest ever...

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