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 […]

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, […]

100% Mortgage Lending Back!

Before I get onto 100% mortgage lending I just want to give my take on the Pandora Papers. For anyone familiar with the Greek Myth of Pandora’s Box, it is actually a way more complex tale than simply regretting finding out what is in forbidden places. Look up Stephen’s Fry’s excellent book (which is amazingly […]

Mortgage Lending Above Pre-Covid Levels

For anyone who sat in a queue for fuel this week, you probably had time to reflect that this country really isn’t functioning at an optimal level at present, to say the least… Luckily for me, I am one of those smug electric car drivers, but it has been quite surreal seeing huge lines outside […]

Why use a mortgage broker?

I’m often asked why use a mortgage broker when I can go online or talk to my bank? In this week’s blog, I explain why a good mortgage adviser is more than simply finding the best mortgage for you. It was very nice having a few days of late summer last week. Even more so, […]

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 […]

Broker only mortgage deals

Before I talk about broker-only mortgage deals, some news on our fundraising. While many of you were tucked up snuggly in bed this morning, 4 of us ran the Vitality Half Marathon across London. Very well done for Nick Plappert getting the fastest time of 1:43. I managed a personal PB of 1:51 and Paul […]

Inflation rate and ‘best’ mortgage rates

This week the inflation rate in the UK went to 2.5%. This is extremely relevant in the mortgage world as there tends to be a direct relationship between inflation, the Bank of England base rate, and therefore the best mortgage rates on offer. So this is a good time to look at that classic relationship, […]

Lowest Mortgage Rates Ever

We are officially in the period of the lowest mortgage rates ever. There are now multiple lenders offering mortgages at UNDER 1%! HSBC was the latest lender to join this club, releasing a market best equally 0.94% 2 Year Fixed Rate last week. You do require 40% deposit/equity to qualify, but it is the ‘best […]

Can ‘best’ mortgage rates get any lower?

I, like many of you, joined the workforce in the late 90s. In that time, it is fair to say the world has changed forever. We can look back longingly at Sega Megadrive, one landline per household, an era pre-internet, and smartphones. It feels more like a new epoch than a new decade every ten […]