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 23/02/2009 by Drew

Northern Rock is set to return to the mortgage market with a £14bn lending plan only 12 months after it was nationalised.  The nationalised bank will also offer deals up to 90 per cent loan to value, a level that has been...

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Categories: Government, Interest rates, Mortgage Lenders, Mortgages

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Posted on 14/11/2007 by Drew

There have been renewed calls for an immediate cut in interest rates over the last few days, providing borrowers with a much needed boost before Christmas. Whether or not this will happen is almost anyone’s guess at present, but...

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Categories: Government, Interest rates

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Posted on 12/10/2007 by Drew

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...

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Categories: Budget, Fixed rate mortgages, Government, Long term fixed rates, Mortgages

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