New Interest Rate 1% Great for Local House Owners

The Bank of England has reduced interest rates to a record low of 1% from 1.5%. Back in October last year, the Bank of England rate was 5%. Great news for house buyers, especially with tracker mortgages, but of course bad news for savers. Of course this is the 5th interest rate cut in five […]

First time buyers…Buy Now?

Wherever you look its “Doom and Gloom”, I try not to watch too much TV news, I mean how many times can you listen to the news presenter read out bad story after bad story, without getting peed off. Last week the housing minister Margaret Beckett, said it was a good time for 1st time […]

Helping Phyllis Tuckwell Hospice

In a previous life I  was a DJ. I have  decided to put on a disco in aid of the Phyllis Tuckwell Hospice on Saturday 2009 at the Pine Ridge Golf Club in Camberley. You can find all the details here, but I also made a couple of videos with my brother Sean, where we […]

Tracker Mortgages are a big help right now

You will be glad to know that things have settled down now and there are some quite good deals out there, certainly since my last posting to this blog about how things were unsettled and it was impossible to tie down the mortgage companies to a deal following the decrease in interest rates by the […]

Mortgage Broker Says "Don't buy a Mortgage Today"

Don’t buy a mortgage today, that’s the message I am giving my clients. I like most people was surprised by the 1.5% reduction of rates by the Bank of England. But the mortgage market is a little unstable and volatile at present and will be till at least the middle of next week. All of […]