Ray Boulger's Blog
Ray Boulger is widely renowned as the guru of the mortgage industry and expert on the housing market. Ray is constantly called upon by the media to provide informed comment on all areas of the market, and is a regular on the BBC, Sky and ITV.
Last year, Ray was voted guru of the year at the Headlinemoney awards by all of the nation’s money and property journalists. As such, we thought it was high time that you had direct access to him. Ray’s blog will be updated most days so the knowledge just keeps on coming.
25/09/2009 by
2 years ago few people had heard of Libor, the London Interbank Offered Rate, let alone knew what it was. Most people still won’t be able to define Libor but as a result of the credit crunch many people will at least be familiar...
Categories: Property market, Bank of England, Mortgages, Regulation, Interest rates
22/09/2009 by
Liberal Democrat Shadow Chancellor Vince Cable opened his speech at the party conference yesterday by saying "If there were ever a time for the Liberal Democrats, this is it." On that basis I presume he doesn’t expect the LibDems...
Categories: Property market, House and home
14/09/2009 by
A report today from the Ernst & Young ITEM Club calls the current increase in house prices, which it refers to as “stabilisation,” a false dawn and forecasts that property values will not return to their 2007 peak for at least...
Categories: Property market, Bank of England, Mortgages, House and home, Interest rates
28/08/2009 by
Nationwide’s “Real” House price Index increased by 0.9% in August, down from the 1.6% recorded in each of the previous two months, but still well into positive territory. The seasonally adjusted figure for August was + 1.6%,...
Categories: Property market, Mortgages, House and home, Interest rates
27/08/2009 by
After their complete failure prior to the credit crunch to properly do the job they are paid to do (by the issuers of those same mortgage backed securities they were rating) and spot where the risks were in these securities, a...
Categories: Property market, Mortgages, Interest rates
11/08/2009 by
As promised in my previous post I will now comment on the second part of the Treasury Select Committee’s brief, i.e. access to mortgage finance, in its report entitled “Mortgage Arrears and Access to Mortgage Finance” it published...
Categories: Property market, Mortgages, Regulation, House and home
06/08/2009 by
The Monetary Policy Committee’s announcement that it was leaving Bank Rate unchanged this month at 0.5% was a foregone conclusion but it surprised the markets by increasing the Quantitative Easing (QE) programme by £50bn, taking...
Categories: Property market, Bank of England, Mortgages, Interest rates
30/07/2009 by
Nationwide’s “Real” House price Index recorded an increase of 1.6% in July, the same as June, compared to the seasonally adjusted figure of + 1.3% for July and an upwards revised + 1.0% for June. This is the sixth consecutive...
Categories: Property market, Bank of England, Mortgages, House and home, Interest rates
21/07/2009 by
The FT is reporting that Land Securities is in the process of issuing £360m of Commercial Mortgage Backed Securities (CMBS) with a maximum term of 18 years. The security is a single prime office building in Queen Anne’s Gate,...
Categories: Property market, Mortgages
04/07/2009 by
The Bank of England announced yesterday that Housing Equity Withdrawal in the first quarter of 2009 was -£8.1bn. This figure has now been negative for 4 quarters, rising each quarter, although the figure for the first quarter of...
Categories: Property market, Mortgages, Personal finance, Interest rates
The blog postings on this site solely reflect the personal views of the authors and do not neccessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Ray Boulger will accept liability for them.