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
08/12/2011 by
TODAY'S MPC MEETING A SIDESHOW WITH ALL EYES ON THE ECB MEETING
• Eurozone crisis Summit will Determine the Fate of he Euro
Ray Boulger of leading independent mortgage adviser John Charcol comments on the news that the MPC...
Categories: Mortgages, Interest rates, House Prices, First time buyers, Remortgaging, Moving Home
21/12/2010 by
Read what Ray Boulger has to say on the latest ads from Lloyds Banking Group. Click here to find out more.
Categories: Mortgages, Buy to let, Interest rates, House Prices, Remortgaging
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 International Settlements (BIS), which consists of the...
Categories: Interest rates, House Prices, Mortgages
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 75bps
Hang Seng (-12.7%) biggest single day fall since 1991
China - Shanghai...
Categories: Interest rates, House Prices, Mortgages, Mortgage Lenders
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. ...
Categories: Interest rates, House Prices, Stamp Duty, Media, Estate Agents
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 of a flat...
Categories: Mortgages, House Prices, Media
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) ...
Categories: First time buyers, House Prices
30/01/2008 by
Unfortunately, price changes are evenly distributed by neither location nor property type, New Build flats are the first to feel the brunt of the "property price adjustment". Having been overpriced for quite some time, a...
Categories: Mortgages, Interest rates, House Prices
30/01/2008 by
Land Registry figures for house prices out this week show that they were down 0.4% in December, which brings the annual rate of growth for 2007 was 6.7% according to their scale. ...
Categories: Mortgages, House Prices
31/10/2007 by
About this time of year we are treated to a wealth of predictions and opinions on what the housing market will do in the coming year. The last few years have seen a great number of pundits and commentators sitting on the fence,...
Categories: House Prices, Mortgages
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 John Charcol. All comments are made in good faith, and neither John Charcol nor Drew Wotherspoon will accept liability for them.