What the financial, property & mortgage themes of 2021 mean for 2022

Well, what a year that was… financial, property & mortgage themes of 2021. I could talk for hours about events of this year, and if you are after a very funny and yet scathing review of the year Frankie Boyle’s New World Order would be a great place to look. Granted he is not everyone’s cup of […]

Tensions in the housing market

Much like the wider tension we are seeing in society more generally, there are some specific tensions in the housing market. These centre around some long-standing themes that have come sharply into focus in the last week or so. I’m slowly recovering from a rare Saturday night out – out, watching Pete Tong & The […]

Big hits in the mortgage world

We’ve seen some big hits in the mortgage world this week so here’s an update from your favourite London Mortgage Broker. Booming Numbers Last week saw some really big numbers so I felt it was worth exploring that in more detail: Average House Prices Rise 11.8% Figures from the ONS and Land Registry confirmed that the […]

Damp Squib Game as No BoE Rate Rise

What an anti-climax! It seems everyone was braced for a rate rise last Thursday except for the Bank of England… The very obvious reference to Netflix’s huge hit Squid Game in the subject is certainly a factor in the decision, as the very high level of debt in the UK on both personal and public […]

Annoying the French, house prices & net mortgage borrowing

Before we get onto house prices and how net mortgage borrowing has more than doubled…more on annoying the French. Perhaps this reflects badly on me, but there seems to be something deeply satisfying having a spat with the French. Don’t get me wrong, I was an ardent remainer and I still think Brexit was an […]

Mortgage Loans Get Larger

Navigating the complex world of mortgage loans may seem tough but if you feel you have had a hard week, just spare a thought that it could be worse, you could be Ole Gunnar Solskjaer… Conversely, it’s a good time to be in the property market, mortgage loans are getting larger, credit conditions are easing, […]

Property Wealth Hits £4.87tn!

The key to property wealth is that it’s a long-term game. For regular readers, you will know that I am a huge fight fan, so I was glued to the TV on Saturday night for the AJ vs Usyk fight to see how boxing’s equivalent of a chess match would play out. It actually went […]

The property market, Yin to mortgage lending Yang

Another week in the property market, and another release of a record low mortgage rate! This time, Platform (the broker lending arm of the Co-Op Bank) has steamed in with a 0.79% 2 year fixed rate! So the mortgage rate war wages on unabated, despite recent movements upwards in money markets… So I have given […]

Mortgages with smaller deposits, mortgage rates and larger loans

This week I discuss mortgages with smaller deposits, mortgage rates hitting new lows, and larger loans available from mainstream lenders. For most of us with children, this is the first full week back with a semblance of normality! For those without children, a great chance to get away without being surrounded by kids and not […]

The Start Of A Property Boom?

So why could this be the start of a property boom when much of the economy has suffered so badly in recent times? After many years of asking, I finally relented and went camping with my mother over the weekend. My wife very sensibly declined and used looking after the dog as a convenient excuse […]