The Coreco Offices will be closed from 12pm on Friday 24 December 2010 until 8:30am on Tuesday 4 January 2011.
Thank you for your continued support in 2010 and best wishes for Christmas and New Year. We look forward to a prosperous 2011 for everyone.
The Monetary Policy Committee today again decided to keep rates on hold at 0.5% marking 18 months since rates fell to this record low level.
While many of us still cannot believe where the time has gone, recent reports suggest that a growing number of people are beginning to worry about the harm that rising interest rates will cause as we inch ever closer to that time.
It will be interesting to see if chief Hawk Andrew Sentance has managed to persuade any other members of the committee to join him in calling for an early rate rise, however as inflation eased slightly in the last inflation report I suspect the status quo to be preserved.
At the moment I am sitting in Houston Texas where they have just experienced something extremely unusual, a snowstorm. There were alot of very excited people yesterday taking pictures and the TV dubbed it “Blizzard 2009″ with almost blanket coverage. Today, though things have calmed down and I have been trying to make sense of what the rest of the news is all about.
Talk on the economy has really been dwarfed this week by, of all things, and as our waitress this morning so eloquently put it, by Tiger bloody Woods. Seriously, it is wall to wall coverage now the blizzard is done.
As an interesting little test in the greatest tradition of Back To The Future I wondered if you could write something with the benefit of hindsight and post it in the past?
If this is the case then perhaps that is that how some people can say “I told you so” and show the post they blogged some time ago?
Very interesting and we shall see.
By the way, I reckon Torres will score a hatrick on Saturday!
With fixed rates having risen in recent weeks and now looking a tad overpriced, especially for longer term fixes, tracker products are booming again due to headline rates with a “1” at the start.
Whilst HSBC have stolen all the headlines with their 1.99% lowest rate ever malarkey, (actually the lowest rate I remember was 0% for 6 months!), Woolwich have quietly taken up the fight and slipped in a stepped tracker product starting at 1.98% !
Andrew Montlake, Communications Director at Coreco and ‘Mortgage Personality of the Year 2008’, gives his views — honest and no holds barred — on the latest developments within the mortgage and property markets.A fee of up to 1% of the mortgage amount may be charged depending on individual circumstances. A typical fee is £495.
Your home may be repossessed if you do not keep up repayments on a mortgage or any debt secured upon it.
Coreco Group Limited is an appointed representative of the following companies which are authorised and regulated by the Financial Services Authority for advising on and arranging the following: Mortgage Advice Bureau Limited for mortgages, Mortgage Advice Bureau (Derby) Limited for insurance.
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