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.
19/10/2009 by
The FSA’s Mortgage Market Review (MMR) was published today and although you are not at risk of getting autism from this MMR there will be a significant amount of consumer detriment if the report’s proposals to ban self...
Categories: Property market, Mortgages, Regulation, House and home
09/10/2009 by
Nationwide’s “Real” House price Index increased by 0.9% in September, almost the same as August’s 1.0% rise. The seasonally adjusted figure for September was very similar at + 0.9%, leaving the cumulative difference between these...
Categories: Property market, Bank of England, Mortgages, Interest rates
06/10/2009 by
On the Mortgage Strategy web site a spokeswoman for Northern Rock is quoted as saying: "Northern Rock regularly review its products and services to make sure they are meeting customer needs. ...
Categories: Mortgages, Personal finance, House and home
06/10/2009 by
In the latest blow to the Equity Release market Northern Rock has announced its withdrawal from that market, following on closely from the recent withdrawals of Coventry and Saffron. Northern Rock was one of the first lenders to...
Categories: Bank of England, Mortgages, Personal finance, Regulation, House and home, Interest rates
05/10/2009 by
Following on quickly from the significant improvement (reported in the previous blog post) to Woolwich’s lifetime tracker rate Northern Rock are also getting in on the act with several good improvements to its product range from...
Categories: Buy to let, Mortgages, Interest rates
05/10/2009 by
Woolwich's decision to cut, from tomorrow, its lifetime tracker rate for LTVs up to 70% by 0.45% to Bank Rate + 2.29% and also reduce the ERC, which is 1%, period from 3 years to 2 is excellent news for the tracker market and...
Categories: Mortgages, Interest rates
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
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.