It’s the dream of many of a certain age (which nowadays means younger than me) to repay their...
Mortgages
“Nationwide lowers income thresholds for six-times mortgage boost”
Yes, we need to help first-time buyers to be able to afford to buy, yes, house prices have risen...
“Why you should repay your mortgage early”
‘Should we start by repaying our mortgage?’ Is a question we’re often asked. Many of those who...
“Higher mortgage rates push 320,000 people into poverty”
OK, all the talk is of interest rates moving downwards. The current Bank of England base rate base...
“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...
““Sir Howard Davies should be ashamed” – brokers react to NatWest chair’s property ladder comments”
‘Just when bankers’ reputations have started to recover’ might be something of an exaggeration....
“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...
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...
“Bank of mum and dad drives economic inequalities”
Not sure if there are any surprises or changes to the world order here. It was ever thus, that...
“Brokers respond to Money Box presenter’s comments on finding a broker”
According to Paul Lewis of the BBC’s MoneyBox programme, to get a good deal,you should go to a...
“More mortgage lenders pull deals on rate rise fears”
I was right in one of my predictions last week, but for the wrong reasons. I said there would be a...