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.
24/11/2008 by
Some of the key comments from Sir James Crosby in his Report, published today, are:
- “I believe there is a strong case for intervention in mortgage finance markets.”
- “The real risk is that the shortage of mortgage finance now...
Categories: Property market, Bank of England, Mortgages, Personal finance, Regulation
19/10/2008 by
Less than 2 weeks ago our Government transferred the £2.5bn worth of retail deposits held by 160,000 UK customers in Icelandic bank Kaupthing Edge to ING. It also arranged for the transfer to ING of £538m of deposits held by...
Categories: Mortgages, Regulation, Miscellaneous
19/09/2008 by
GE Money’s 2 mortgage brands, First National and igroup, sent us emails yesterday evening saying that they were going to put two fingers up at the FSA’s mandatory Treating Customers Fairly (TCF) policy. They didn’t of course put...
Categories: Mortgages, Regulation
27/02/2008 by
Extract from today’s HBOS report to the Stock Exchange with their 2007 figures: ...
Categories: Mortgages, Personal finance, Regulation
26/02/2008 by
Royal Bank of Scotland advised early this afternoon that all their 100% LTV deals would close at midnight tonight and at the same time the maximum LTV on their One Account mortgage would be reduced from 99% to 95%. ...
Categories: Mortgages, Regulation
03/11/2007 by
Mortgage Introducer reported that speaking at the Mortgage Next Conference, Peter Charge, director of national accounts at edeus, said: "When the market is booming, fast-track is a great product. But in the flight to quality,...
Categories: Mortgages, Regulation
25/09/2007 by
In his Conference speech yesterday Alastair Darling referred to the Northern Rock situation and said: “No government should ever be in the business of protecting executives who make the wrong call or bad decisions.” ...
Categories: Bank of England, Regulation
18/09/2007 by
The problems in the banking market look like developing into a serious political problem for the Government. This has the makings of being Gordon Brown’s equivalent of the Tory’s Black Wednesday 15 years ago, when on 16 September...
Categories: Bank of England, Regulation, Miscellaneous
17/09/2007 by
Northern Rock's Sales Director called me on Saturday afternoon with an update and confirmed:
- They will continue to seek mortgage applications but have priced their products to ensure a much lower level of applications than normal...
Categories: Bank of England, Mortgages, Regulation
01/09/2007 by
Halifax today issued an interesting press release entitled: "UK economy prospers since sterling's ERM exit 15 years ago." ...
Categories: Bank of England, Regulation, Miscellaneous, 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.