It is always interesting for me to get feedback on some of the things I write, positive or negative, and often the most interesting part of any article is not the article itself, but the comments section. This comments section is a fantastic development that enables everyone to have their say and allows the writer or contributor to gauge opinion and sometimes some very valuable pointers for the future.
Of course there are also the rants, usually from anonymous individuals who can’t spell, that don’t really help anyone, but sometimes there is a point that needs clarification, as now.
Posted in Blogging, Coreco, House Prices, Mortgage Blog, Mortgage Brokers in London, Mortgage View, Property Market | Also tagged Coreco, First Time Buyers, Mortgage Blog, Mortgage Broker in London, Property Prices |
This week is a big week for both the Governments Economic Policy and the Bank of England.
Whilst Cameron & Clegg large it up in Davos, (nice Swiss Ski Resort), meeting top bankers and world leaders to discuss growth, lending and bonuses at the World Economic Forum, the latest GDP figures on the UK’s economic growth are released tomorrow followed by Bank of England Governor Mervyn Kings’ first speech of the year.
In the meantime there is a new Shadow Chancellor waiting in the wings keener to attack than Karen Brady smiling smugly at Football “pundits” Keys and Gray with that “I told you so” look on her face.
Posted in Best Mortgage Rates, Coreco, Davos, House Prices, Independent Mortgage Advice, Large Mortgage Loans, Monetary Policy Committee, Mortgage Brokers in London, Property Market | Also tagged Bank of England Base Rate, Coreco, Housing Market, Large Mortgage Loans, Mortgage Broker in London, Property Market, Property Prices, The Economy |
Recently we have heard talk, and indeed seen evidence, that some lenders are starting to target the remortgage markets once more, perhaps a little earlier than many would have expected.
This is of course good news for mortgage brokers and borrowers alike, after all more choice and more competition is what is badly needed.
The issues for many is whether they should fix now or enjoy a low variable rate tracker.
There has been so much contradictory economic data and press speculation in recent months, culminating in recent data showing that the UK economy grew more than expected in the last quarter, leading to renewed claims that interest rates may rise quicker than many first expected.
In the fall-out of any major, near catastrophic event, an autopsy is carried out and opinions fly as to why this happened and how we could guard against it in the future. The aftermath of the latest financial crises, is of course no exception.
So we have had to endure accusations and calls for various measures to be introduced ranging from the sensible, which should have been in place prior to the event, to the simply absurd and damaging.
One recent voice to enter the fray is Charlie Bean, a member of the Bank of England’s Monetary Policy Committee, (MPC).
For those of you who think times are more than a little tough at the moment, the news that there are still major fears about the strength of the European Banking System, is not really what you will want to hear.
However, this week sees the release of a major report involving the “stress-testing” on a range of European Banks to determine their health and, perhaps more importantly, whether they are in a position to cope if anything goes seriously wrong again. These “detailed” tests have been undertaken on 91 banks, including names such as Deutsche Bank and Commerzbank in Germany, HSBC and Barclays in the UK, as well as Societe Generale and BNP Paribas in France.
Posted in Coreco, Credit Crunch, Economic Recovery, Inflation, Interest Rates, Mortgage Market, The Economy | Also tagged Bank of England, Credit Crunch, Economy, House Prices, London Mortgage Broker, Mortgage Market |
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.
