Nationwide has cut its interest rates
Great news for some house owners in Surrey and Hampshire. Nationwide has announced interest rate cuts on a number of its fixed-rate mortgages, and has launched a new range of tracker mortgages. As of 17th February, new fixed-rate mortgage customers at the building society will be able to sign up for deals 0.2% lower than […]
Property Asking Prices Are Up
Despite the current gloom in the housing market, house seller have put their asking prices up. In a recent survey www.RightMove.co.uk found that 9 out of 10 possible sellers believe that now is not a good time to sell. However this has not stopped people putting their houses on the market at higher prices, despite […]
Insider News
Hi, I thought I would publish something that appeared in one of the mortgage business trade journal “Mortgage Introducer”. I think it goes to show that money is still being lent for mortgages, despite what we hear consistenly in the TV News “27 January, 2009 In December, net mortgage lending by banks rose by £2.9 […]
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 […]
Outlook good for first-time buyers who have a deposit
I was contacted by the local press for comments and to give advice for first time buyers, thought you might be interested in some of the things I told the reporter Halima Sadat the reporter for the Local news paper, Aldershot and Camberley News. Michael Usher of Michael Usher Mortgage Services says in the first […]
3.3% Mortgage Is It possible?
We get offers all the the time…. And I have to say that 3.3% would be a good rate, but this is what is called the “Headline” rate, just to “oik you in” as the actor Mark Benton says in those famous Nationwide television ads. Now I have to tell you that you have to […]
Tracker Mortgages a Good Bet?
Hi, Getting a tracker mortgage is a good idea right now, sound obvious doesn’t it. For instance the 0.5% cut to 1.5% last week means a saving of nearly £50 per month on a tracker mortgage of £200k. Although not all lenders are passing the recent interest rate cuts to their customers. Nationwide, Norwich & […]
1% Interest Rates, Yes Please
In America, the Fed has cut its interest rates by half-point to 1 percent, there have also been cuts in China and Norway…..….Now that’s what I’m talking about. I’m not an economist, but is seems daft that the bank of England are taking so long to cut interests rates in this country. At 4.5% with […]
House Prices down 15% Who said so!
I woke up to Sky news this morning and one of their headlines was “Millions Face Negative Equity” with the sub headline, “Up to 1.2 million homeowners in Britain could soon fall into negative equity if house prices continue to fall steeply, a report has warned. This report is from the Bank of England and […]
Hello welcome to the blog
I have been wanting to start a blog for ages but just never seemed to get round to it. But here we are… I may not blog every day but if I have some thoughts on my business of finding the best mortgage products for you, or something that’s in the news, then I’ll write […]
