OK, all the talk is of interest rates moving downwards. The current Bank of England base rate base...
Residential Mortgages
“100,000 households to face mortgage increases before general election”
Here’s a stat that could swing the election, if it indeed needs swinging. Many thousands of fixed...
“Govt cannot expect people to pay mortgage if ministers struggle”
And here are the real-life effects of high, or at least much-higher-than-they-were, interest and...
“Govt considers ‘radical approach’ to homeownership with 1% deposit mortgages”
Here’s another pre-election potential headline grabber which would, I’d say, have longer-term...
“NatWest joins “repricing frenzy” with cut rates for new and existing mortgage customers”
Hopeful signs? A price war or ‘repricing frenzy’ amongst mortgage providers shows that the...
“Conveyancers urged to prepare for squeeze as mortgage costs climb to 85% of household income”
So the rub is coming, and here we’ll see the delayed and probably unintended consequence of using...
‘Inflation remains unchanged’
As inflation remains unchanged and interest rates head up again, there’s ‘no hope on the horizon...
Turmoil in the mortgage market
The vast majority of mortgage borrowers who’ve had a choice are on fixed rate deals these days. If...
“40-year mortgages now ‘commonplace’”
When I was but a youth, I was often told to enjoy myself before I had the ‘millstone of a mortgage...
“Bring back 110% LTV mortgages in deprived areas – Policy Exchange”
The average mortgage term is now 30 years, the only way the average loan needed to buy the average...