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…

Drew Wotherspoon


Posted on 8 October 2008 by Drew

This will be short and sweet.  Rates have just been cut by 0.5% and lenders are highly likely to react by increasing the margins on their products. 

There's a simple message - if you need a mortgage ACT NOW! (sorry...

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Posted on 6 October 2008 by Drew

A week is currently a very long time in mortgage world.  Yesterday’s best deal is tomorrow’s fish and chip paper and it looks as if we are in for more of the same in the coming weeks.  Odds are now moving in favour of a...

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Posted on 2 October 2008 by Drew

News that Tesco are to continue their attempts for world domination with an expansion into mortgages reaches Charcol Towers with some interest.  At a time when far too many lenders are either disappearing or considering...

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Posted on 25 September 2008 by Drew

Anyone trying to choose a mortgage at the moment may well feel like their head is spinning, with rates yo-yoing and even the experts finding it hard to predict what news the next days and weeks might bring.  While many...

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Category: Fixed rate mortgages, Interest rates, Mortgages, Tracker mortgages

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Posted on 16 September 2008 by Drew

Just when you thought there was a chance we may have gotten through the worst of it, we have a day not seen since Al Capone had a small thought that perhaps he may ignore prohibition and make the odd bottle of moon shine.Lehman...

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