Mortgage Marketplace Update – Base Rate Reaction with Nick Plappert

Base Rate Reaction with Nick Plappert Following the Bank of England’s rate rise in May, Nick Plappert, Director at Rose Capital Partners joins Richard Campo to talk over the main issues in this area, such as: – Following the Bank of England taking rates from 0.75% to 1%, how high do you think rates will […]

G-Rate expectations – Rising inflation, interest rates, mortgage pricing

No time to read? Listen to the podcast or Watch the video This week we look at how rising inflation is changing rate expectations of where interest rates may go this year, and what knock-on impact that will have on mortgage pricing. Inflation in the UK hit 5.4% at the highest level since 1992 which […]

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 […]

Bank of England Interest Rate Rise Effect on Mortgages

As widely anticipated, the Bank of England has raised its benchmark interest rate from 0.1% to 0.25%. As it has been a good while since we have been in an environment where we expect interest rates to rise steadily over the next few years, here are a few things to look out for from a […]

(G)rate expectations | Change in interest rate outlook?

This is as sexy as mortgages get! Could there be a change in the interest rate? If you can get past the rather poor play of words in the title, there was a large shift in the market last week around expectations of where the Bank of England may move interest rates to. That naturally […]

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 […]

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 […]

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, […]