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While the cats away…

07th October 2009

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As you can see Monty’s blog has not been updated for a while, this has nothing to do with Monty’s lack of effort but a well deserved break with Lisa and Rafi in the New Forest. In his absence we thought it would be a good opportunity to jump into Monty’s space and see what’s happening.

Coreco towers was empty yesterday as 15 of us decamped to Derby for the MAB Conference and even with a five am start we still nearly missed the train from St Pancras. The event itself was superbly produced and presented and provided some great insight into what we might expect in 2010 and beyond. We will debrief Monty next week and provide a detailed summary.

Tomorrow of course is the latest Bank of England monetary policy commitee base rate announcement and we will be sending out details as soon as the decision is made at 12 noon. We will be very surprised if there is a change, however if there is it will mean a complete rewrite of our ever popular eNewsletter.

Yesterday we had the news that according to the Halifax, house prices surged 1.6% in September making it the 3rd month running that prices have increased. In contrast Fitch have a pessimistic outlook that UK house prices look set for a further decline in the coming months. It seems to me that no one really knows what is going to happen but rising unemployment will surely have an impact at some stage further down the line.

Note to Monty: Yes we have hijacked your blog, no we have’nt got plans to do it regularly and yes we do miss you. Have a good break.

Normal service will resume when Monty returns from the nudist colony next week.

Bow Terrier

Mortgage Guides

This is Bow, he’s a plucky little Boston Terrier and knows a thing about mortgage applications. His owner, Patrick, is one of our clients and Bow here helps with his paperwork. If there’s anything you need to know about mortgage applications or the paperwork entailed then check out our advice hub – it has everything you need!

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Andrew Montlake

About Monty

Andrew Montlake, Director and Spokesperson for Coreco, gives his honest and forthright views on the mortgage market, economy and all things property related. Monty was voted "Mortgage Personality of the year 2008", "Best Press Spokesperson" in 2011 and is the current holder of the British Mortgage Awards “Best Marketeer” title. Expect expert analysis, delivered in a down to earth style with a side helping of exuberance.