With impending European gloom and bank stocks bumping along the bottom – things don’t look great right now.The 2008 crisis saw UK lenders hammered and it’s quite possible Credit Crunch mark II is arriving swiftly.At that time, those who acted before the disasters unfolded reaped...
Have you had a look at London property prices and the rental yields recently? I did last week and was surprised by the results (although I shouldn’t have been). The reason I did look was due to the surge in buy to let applications that...
After consistently improving lending conditions this year, we are seeing the first signs of things getting worse.If history does repeat itself, it seems a sure bet that when Europe and its banks collapse (any time very soon), then this will have an impact on UK...
According to this weekends FT, banks are now labelling as many as 2 million home owners as ‘mortgage prisoners’.Buyers who purchased a property during the mid-2000′s when high loan to value mortgages were offered to borrowers with minimal credit histories, are unable to refinance their...
The mind boggles. Big brother is watching you! Reminds me of a story about the national Pub chain (no names no names, but you can eat and drink and still have change from a fiver…) where it is apparently corporate policy to serve parents with...
We are seeing an increase in enquiries for clients looking to buy themselves out of longer term fixed rates. The terrible uncertainty of 2008 and 2009 (not happy times!) saw lots of homeowners plug for caution and security by fixing their mortgage payments for 5...
Yes! Basically, a good mortgage broker will have access to deals that are not just available on the open market!Especially, if you’re a first time buyer, looking to remortgage or a working professional, very often there might be specific deals available that for your particular...
So the Chelsea Building Society have launched the lowest ever 10 year fixed rate. Lots of lowest ever rates seem to be hitting the headlines at the moment….not surprising really with Bank Base Rate staying put at 0.50%On the face of it it seems like...
With Banks now actually competing for business, they are attempting to top comparison tables with low rates but disproportionately high arrangement fees. Research from 'Moneyfacts' now shows that the average arrangement fee is now £1030.This could work for you, but might not. Ultimately it depends...
All this political brinkmanship in the Euro-zone and the USA is causing quite a lot of uncertainty. The debts need to be dealt with and at the last possible moment Greece was bailed out last week.Expect the same in the USA on August 2nd. The effect...