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…
Another one of my colleagues has recently dealt with a far more unpleasant situation regarding a valuation going wrong. He was helping out a lady to buy a new buy to let flat in Stratford, East London. This client lives in the...
Categories: Mortgages, Buy to let, Interest rates, House Prices, Mortgage Lenders, Stamp Duty, Media, Budget, Long term fixed rates, Variable mortgages, Tracker mortgages, Fixed rate mortgages, Government, Estate Agents, First time buyers, Remortgaging, Moving Home, Commercial, Home Mover
A house is only worth what someone will pay for it. Seems fair right? So, if that’s the case, how can a property can vary in value by over £1m in the space of just three weeks? Step forward two different surveyors, with very...
Categories: Mortgages, Buy to let, Interest rates, House Prices, Mortgage Lenders, Stamp Duty, Media, Budget, Long term fixed rates, Tracker mortgages, Variable mortgages, Fixed rate mortgages, Government, Estate Agents, Moving Home, Commercial, Home Mover
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 petition is finally up. Please visit and sign it. Let's do something about this shocker of a tax!
Categories: Stamp Duty
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....
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.