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…
So the government will be renewing its campaign to dispel the apathy felt by homeowners towards long term fixed rates - good luck, they are going to need it. In principal the idea that long term fixed rates will bring stability...
Another budget, another missed opportunity. Stamp Duty, the tax that we all pay on property transactions, was left untouched by Alisdair Darling yesterday will he was busy raiding (allegedly) Tory policies on other issues. ...
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