Mortgages – new products

Well, the promised new rates are out and there are some great products available.
It depends a bit on how you view the future, but I think I’ve said before that whatever product you choose mark it in two ways.
1. Compare the product against it’s peers. So, if you really want a 2 year fixed rate, [...]

Complaint to Richard Branson

This is hilarious

No light yet, but a mortgages are getting cheaper

It’s with interest that I note that GDP is the worst for 30 years.   The recession mentioned all the time is the one in the late 80’s/early 1990’s, but this measure takes us back to the Winter of Discontent.
It’s interesting to note that in 1979, the labour leader got a vote of no confidence [...]

Interesting article about the credit crisis

From Russia today – I’m not sure how credible it is, but it’s an interesting perspective and it’s sadly easy to see some of it turning out to be true.
Russia Today

Obama

I’m hopeful he’ll get to be able to do the things he wants to do but I’m worried that he will be powerless against the machine.
Mind you, if the machine is that powerful, it didn’t raise Bush’s game, so perhaps I should be more optimistic.
So, plus points:
He is aware of the existance of countries outside [...]

Names in your mobile phone…

This lady has changed her habit of how she lists her names on her cell phone after her handbag was stolen.  Her handbag, which contained her cell phone, credit card, wallet… etc…was stolen.  20 minutes later when she called her hubby, from a pay phone telling him what had happened, hubby says ‘I received [...]

Good news for Mortgage Brokers

Here you get to see a bit of the ‘behind the scenes’ world of mortgage brokers.
We all know that bulk buyers can obtain discounts, it’s the same in the mortgage world, well, the same ish anyway.
Bulk buyers can pursuade mortgage lenders tro do special deals – special ‘unique’ not special ‘1% cheaper’ although the ‘right [...]

Selling a house – 10 top tips

If you were selling your car – you’d give it a wash, make sure the wheels were shiney, hoover the inside and maybe pop down to your local garage for one of those things that make the car smell clean. Or a few drops on vanilla essense on the carpet does the trick too.
Your house [...]

Mortgage Express – existing customers

This press release from Mortgage Express
Mortgage Express (MX) is no longer able to provide any new lending and may not be able to offer competitive deals in the future. It understands that its customers may wish to reconsider their mortgage arrangements – either by selling a property, moving their mortgage to another lender or [...]

Now’s the time to consider an offset mortgage.

Now that the difference between savings interest and mortgage interest is so huge offset mortgages are going to be worth considering again.
For everyone, it’s going to be a different calculation and I’d suggest contacting a knowledgeable IFA if you are worried.
Firstly, how do offset mortgages work.
If you have a mortgage of £100,000 and savings of [...]