Windfall For Halifax Mortgage Customers
So the Halifax is going to make payments up to £500m to 300,000 of its customers. Here at Michael Usher Mortgage Services We ask, is this the new way that these banking corporations are going to operate. In a spirit of openness and fairness…We’ll see. The reason why the Halifax, now part of the Lloyds […]
UK inflation rate rises to 4% in January
Yikes…Inflation has gone up in January. The Consumer Price Index (the CPI) has gone up from 3.7% to 4%. This is mostly to due with the VAT increase at the Beginning of January. Also the retail price index (the RPI) has also gone up 0.3% from 4.8% to 5.1% (which includes mortgage payments). This does […]
Interest Rates Up This Year, Get Rid Of Credit Card Debt Now
As I have mentioned before, all the financial experts are warning of interest rises this year, possibly in the first half of the year. If you need mortgage advice in Surrey click here Good news for savers, but unlese advice is your mortgage rate is fixed, you will see your mortgage payments increase. There’s a […]
Interest rates held at 0.5% again
Great news for some home owners with mortgages in Surrey and Hampshire Is it time to get a fixed mortgage? or are there other alternatives. Every case we handle is different and that is why it is important to get independent mortgage advice from experts. According to most banking and city experts, interest rates are […]
House Prices The Same As This Time Last year
Figures released today from the Nationwide Building Society, show that house prices remain unchanged for 2010. There was a slight change and a modest increase in values for the last month, showing that prices have stabalised, but personally I like to take the longer term view. Although these facts are correct UK wide, house prices […]
Bank Rate Held Again
The Bank of England’s Monetary Policy Committee (MPC) has kept UK interest rates on hold at 0.5%, and unveiled no new quantitative easing (QE) measures Homeowners, or those with debts and anyone with a property to sell will be cheering the news. However this is not great news for savers, particularly the over-55s and anyone […]
Abbey Leads The Way For First Time Buyers
Good news for first time buyers in the local area. Here in Camberley, first time buyers have been given an opportunity to get a foot on the housing ladder. One of our favourite lenders Abbey, have launched an exclusive 85 per cent first time buyer loan to value. This is a three-year fixed rate mortgage […]
Nationwide warns of falling house prices
More bad news if your “flippin” houses I’m afraid. (Buying houses to do up and sell quickly) Unless you can buy at 10-15% below market. So if this is you and you have a property to sell now is the time to sell, according to the doom makers in our midst. Most of my clients […]
Mortgage Approvals fall to 19-month low
Here in the UK mortgage approvals fell to a 19 month low. As always the news headlines that you see and hear in the media are for the UK nationwide. Here in Camberley and surrounding areas, we are in a unique position. Here at Michael Usher Mortgage Services, we are rather busy with obtaining mortgages […]
Uk House Prices Slide. But is that here in Camberley too?
We keep hearing and reading in the news about house price and values falling, that may be the national picture, but in Camberley, Farnborough and other local areas this is not actually the case. As I have mentioned on this blog many times before, I talk on a daily basis with estate agents at Romans, […]
