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 08/09/2009 by
Rates
Bank Of England rate - 0.5% - kept on hold (next decision 10th September) ECB rate kept on hold at 1% - (next decision 8th October) A meeting of the Bank for...
Categories: House Prices, Interest rates, Mortgages
Posted on 27/10/2008 by
The Markets suffer yet again, particularly the Far East :-Nikkei (-6.4%) lowest level for 26 years South Korea - Kospi (+0.8) following rate cut of 75bpsHang Seng (-12.7%) biggest...
Categories: House Prices, Interest rates, Mortgage Lenders, Mortgages
Posted on 13/08/2008 by
News today is that the chancellor's recents statements on stamp duty have caused house hunters to delay putting in offers on properties, according to estate agents.
The National Association of Estate Agents has revealed...
Categories: Estate Agents, House Prices, Interest rates, Media, Stamp Duty
Posted on 12/08/2008 by
Seems obvious, but we are not talking about the actual shape of one's abode. Rather the movement in the value of each distinct type of property. Figures released today from the government show that the avearge price...
Categories: House Prices, Media, Mortgages
Posted on 29/02/2008 by
Today Cheltenham and Gloucester and many other lenders are reducing their maximum LTV from 100% all the way down to 90%. (more listed below)
This year, the UK will see a return to the culture of saving for a...
Categories: First time buyers, House Prices
The blog postings on this site solely reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Drew Wotherspoon will accept liability for them.