Gordon it’s time to go
Welcome back!My Money Saving tip today is for Gordon Brown to resign which will save us billions of pounds.
Gordon Brown bedded the bankers and took their advise not to regulate our Banking Industry. Duh! “It’s like God taking advise from the Devil on how to prevent Evilness!”
Your true legacy is that you are an unelected [...]
Mortgage update for Homeowners looking for better Mortgage deals
For every ten homes sold last month one was a remortgage. Until more mortgages arranged are remortgages each month I very doubt that property prices will drop any further. The reason for the house prices being unreasonably buoyant is due to the fact that for every ten houses sold only six new homes are coming [...]
How to get a green light for your next mortgage and not the mortgage blues
Getting a mortgage is going to be a lot tougher - particularly for people with a less-than-perfect credit history or anyone whose income has previously been self-certified. The money saving expert recently heard the account of a lady who had missed one credit card payment and a council tax payment in the last twelve months. [...]
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New Negative Equity Mortgage offered by Nationwide – Mortgage Advice
At a time when all mortgage lenders have shown us they do not have an appetite to lend money, along comes the Nationwide with a pioneering new niche mortgage product for their existing borrowers. Last month they introduced their ground-breaking negative equity mortgage to their clients. This will allow their borrowers to borrow up to [...]
Lloyds Banking Group launches new Mortgage Scheme for First-time buyers – Mortgage Advice
First-time buyers are finding themselves in a predicament with falling house prices as the housing market becomes more affordable. Expert opinion is they are being squeezed out of home ownership by the very large deposit they are required to have in order to secure their first mortgage. Saving up to £25,000 for a deposit takes [...]
The Sub-Prime Mortgage Market is Broken | Mortgage Advice
Mortgage resuscitation required urgently!
The UK housing market will not recover until the mortgage market is fixed and expert advice at the Bank of England says, print more money in the hope of saving our economy from a long and drawn out recession is the answer. The Council of Mortgage Lenders says the number of UK [...]
Number of Mortgage Products available rises – Mortgage Advice
The situation as I see it!
Money seems to be in short supply; interest rates offered by banks for saving money remains diabolical; unemployment is expected to increase by quarter of a million as students leave university and college and members of Parliament from all sides of the political spectrum have exploited their expenses for years. [...]
Money Saving advice for Mortgage Borrowers facing Negative Equity
During the 1993 housing recession it was estimated that one and a half million homeowners had negative equity. The Council of Mortgage Lenders has announced that approximately 900,000 homeowners currently have some degree of negative equity. They believe around 600,000 of these homeowners have seen modest shortfalls of around 10%. When compared with the previous [...]
Major Banks approve 4,000 more mortgages applications
There were 28,179 new mortgages approved for house purchases last month (February 2009) according to the British Bankers’ Association. This is a real increase of 3,901 more new mortgages being approved in January 2009 when 24,278 mortgages were approved. It now seems that new mortgage approvals have risen for the last three consecutive months. It [...]
The more the Government spends the shorter the recession - Money Saving Expert
In today’s climate of recession meltdown it is difficult not to scaremonger or upset anyone when analysing the world around us, the consequences to each of us and the impact of the debt our children might one day inherit. Are the changes that have been implemented by the government and the Bank of England really [...]
Home buying is at the lowest level for 34 years
The Council of Mortgage Lenders says that in 2008 there were 46% fewer first-time buyers than in 2007. Those first-time buyers that did get on the housing market were reported to have put down a 22% deposit on their new home. Estate Agents and Mortgage brokers would like to forget 2008 as it was probably [...]



