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 20 November 2009 by
Commenting on the announcement from Abbey that they are to offer fee free current accounts to borrowers who have their mortgage with them, Drew Wotherspoon of John Charcol, says:"As ever, the devil will be in the detail. ...
Posted on 28 October 2009 by
In a welcome sign that the market is continuing to ease, Nationwide is increasing its loan to value on a number of its tracker products to 85%. This is welcome news for many consumers who have been unable to get on the...
Posted on 8 October 2009 by
Today’s no change decision may be a bit of a non event but there is at last some action back in the mortgage market. September saw the usual seasonal upturn and over the last few days we have at last started to see some...
Posted on 8 September 2009 by
Rates
Bank Of England rate - 0.5% - kept on hold (next decision 10th September) ECB rate kept on hold at 1% - (next decision 8th October) A meeting of the Bank for International Settlements (BIS), which...
Category: House Prices, Interest rates, Mortgages
Posted on 20 August 2009 by
Rates Bank Of England rate - 0.5% - kept on hold (next decision 10th September) ECB rate kept on hold at 1% - (next decision 3rd September) Expectations were growing in the City last night that...
The blog postings on this site solely reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of Charcol Limited. All comments are made in good faith, and neither Charcol Limited nor Drew Wotherspoon will accept liability for them.
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