Latest blog posts 10.07.09

More from Monty's Mortgage Blog...

Best buys


Residential Fixed

Lender Initial rate Until Subsequent Rate The Overall Cost for Comparison is
Abbey 4.08% 02.10.2011 4.24% 4.30% APR
Woolwich 4.39% 01.10.2012 1.99% 2.80% APR
Woolwich 5.29% 31.10.2014 1.99% 3.60% APR

Residential Tracker/Variable

Lender Initial rate Until Subsequent Rate The Overall Cost for Comparison is
Woolwich 2.99% Life of the mortgage 2.49% above Bank Base 3.10% APR
Alliance & Leicester 3.09% 2 years 4.99% 4.80% APR
Abbey 3.29% 3 years 4.24% 4.10% APR

Buy-To-Let Fixed

Lender Initial rate Until Subsequent Rate The Overall Cost for Comparison is
The Mortgage Works 3.69% 31.07.2010 4.69% 5.10% APR
Woolwich 4.99% 02.11.2012 2.49% 3.40% APR
Woolwich 6.39% 02.11.2014 2.49% 4.50% APR

Buy-To-Let Tracker/Variable

Lender Initial rate Until Subsequent Rate The Overall Cost for Comparison is
The Mortgage Works 3.19% 31.07.2010 4.69% 5.00% APR
The Mortgage Works 4.15% 31.07.2011 4.69% 5.00% APR
Cheltenham & Gloucester 4.69% 31.10.2012 2.50% 3.40% APR

The Coreco Group has been formed from the CORE of Cobalt Capital, and is a leading UK provider of independent mortgage and financial advice.

The needs of both Coreco and Cobalt's clients will continue to be at the core of everything we do.

We provide fresh, bespoke financial solutions, drawing on our extensive contacts, knowledge and enthusiasm.

09.07.09

Bank of England Base Remains Unchanged at 0.5%

Whilst there was no surprise that the Monetary Policy Committee left the Bank of England Base Rate unchanged at its historical low of 0.5%, all eyes were really focussed on whether or not the policy of Quantitative Easing (QE), was to be increased further.

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23.06.09

Crunch Time

Sitting in my local rugby club with the Old Paulines vets watching the current world champions South Africa take on the Lions on Saturday made me thankful for small mercies. Even though I have recently become a father for the third time (no sleep), and working through one of the worst financial crises of our era (stress), I was strangely comforted that I was not on the field of play in Durban!

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22.06.09

Economic View - Why Are Fixed Rates Rising?

Following announcements from Nationwide on June 12th that their fixed rate would rise by up to 0.86%, the last 10 days have seen fixed rate mortgages rise sharply across all maturities as other lenders scrambled to follow suit.

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Coreco Newsletter

Monty’s Mortgage Blog

09.07.09

Phoenix Nights & House Price Daze

Tuesday night was spent in the company of the great and the good of the mortgage industry at an awards do, and I must say it was really great to catch up with many a mortgage legend, or leg end by the end of the evening!

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