How Have House Prices Changed Over the Last Year and What Does the Future Hold? The June annual house price increase of 13.4% will be the peak for this cycle. The June annual house price increase of…
How Long Will the Mortgage Guarantee Scheme Last? Government intervention can be helpful in the short term to address a problem but once adequate private sector alternatives become readily available…
Ray Boulger’s 2021 Forecasts The Nationwide house price index was 6.7% up in the first 11 months of 2020 and the UKHPI (UK House Price Index) annual increase to October was 5.4%. I expect prices to…
Impact of a Big Stamp Duty Cut The report in yesterday’s Times that the Chancellor will tomorrow increase the nil rate SDLT (Stamp Duty Land Tax) band to £500,000 for a limited period - probably a…
The Effects of COVID-19: Valuations Following imposition of the lock down, unforeseen consequences in the housing market, as everything else, are becoming more apparent every day. Following…
The Effects of COVID-19: Bank Rate is Cut to 0.1% Today (19/03/2020) the Bank Rate fell to 0.01% after falling to 0.25% on Tuesday. Now could be the time to remortgage or port. Although the UK and…
My Forecasts for 2020 After the Parliamentary stalemate for nearly all of 2019, politics is likely to have a much greater impact on markets in 2020. Boris’ larger than expected majority now provides…
Hodge Launches the First RIO with a Fixed Rate for Term Hodge has become the first lender to launch a RIO (retirement interest-only) mortgage with a rate fixed for life, whereas in the mainstream…
Long Term Fixed Rate Mortgages – Why Stop at 15 Years? The interest rate yield curves are currently very narrow, but the swap rate curve is exceptionally flat. The interest rate yield curves are…
Gilt Yields Fall to Record Lows - Impact on Fixed Rate Mortgages Ray gives an update on the market today with gilt yields continuing to fall and the impact on fixed rates mortgages. As well as…
