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Category Archives: Press Comment
The Return of the First Time Buyer
This week the Council of Mortgage Lender’s latest data has confirmed what we have been seeing first hand, namely that this year the first time buyer has returned. The mix of stable house prices, pent up demand and lenders launching … Continue reading
Mortgage rates reach record low
In recent months, some of the best mortgage rates I’ve ever seen have come onto the market. There’s no doubt that the Funding for Lending Scheme, the joint initiative of the Government and Bank of England to get lenders lending … Continue reading
What have the romans,sorry, tweets ever done for us brokers?
What have the romans tweets ever done for us brokers? I am a huge fan of twitter, its snippet banter, up to the second news. It gives an overall breadth and depth that I would have never imagined possible in … Continue reading
Posted in Mortgage Industry, Press Comment
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Why the top tax rate of 45p is like half price Pinot Grigio in Tesco
We have all been there, walking past the end of an aisle when the headline grabs us. Why Pinot Grigio down from £9.99 to £4.99, that is an absolute bargain, I must have some. Of course when you get home … Continue reading
Posted in Press Comment
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The Budget – what we picked out of it.
Here is our take on the recent announcements in the budget announced today: Growth, Unemployment & Inflation All are said to be better than elsewhere but low, however all are pretty shaky and open to getting worse if anything happens … Continue reading
Posted in Mortgage Industry, Press Comment
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The search Google is not interested in anymore. Mortgages.
The search giant exits Mortgage comparison. When it launched and its capture of beatthatquote for £37M had commentators reaching for hyperbole and back in 2007 this seemed yet another nail in the coffin of the local mortgage broker looking sit … Continue reading
Posted in Lenders, Mortgage Industry, Press Comment
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A really busy January – is this the storm before the calm?
Like a good few brokers I had a strong start to the year. January was my 2nd best month ever. All this positive start heartily encouraged both me and my colleagues, this is all the sweeter when you take account of … Continue reading
2012 – A set in stone look at what the future holds for mortgages, or at least our best guess.
For Mortgages, it is that time of year when ‘Industry experts’* are let loose in blogs and other media to let us all know what will be happening in the next year. They are always wrong. Wwhen the sheen of … Continue reading
Posted in Base Rate, Buy to Let, House Prices, Housing Market, Mortgage Industry, Press Comment
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Edinburgh Mortgage Advice in the press this month
This month has been a good month for us getting our news and views out there, here is a selection of what we said. CML Scottish Lending Numbers 25/11 A good set of numbers, but really more evidence of a … Continue reading
Posted in House Prices, Press Comment, Scotland
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Why Nationwide’s large increase in profit is good news
Here is an article from the Daily Mail saying about Nationwide’s recent increase in profits and lending and Mark’s comments about why this is good news. http://www.dailymail.co.uk/money/markets/article-2507789/Nationwide-takes-fight-banks-profits-leap-155-mortgage-lending-soars-nearly-4billion-just-months.html