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 [...]

Some Buy-to-Let landlords have been hardest hit by the current downturn in the economy and are losing properties by three times the rate of ordinary homeowners. Landlords saw the housing boom as an easy way to make money and many felt that the property boom would never end or so they thought. It seems that [...]

The effect of the global economic downturn is having serious consequences for homeowners through out the UK. Homeowners with families are worried about not being able to pay their mortgage commitments as their jobs are affected by the recession. Expert advice and help is being sought by people from all walks of life that are [...]

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 [...]

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. [...]

EstateAgencyFeesDirect.com is fast becoming the recognised market leader for generating hundreds of comparison quotes each month on behalf of property sellers nationwide. The site has now expanded its unique estate agents fees service to include comparisons of Below Market Value (BMV) offers provided by Quick Property Sale companies.
In much the same way the main estate agency comparison service [...]

Money saving Expert says, surely the Bank of England base rate cannot drop any further? They could drop another half a percentage point to zero but there seems little point in reducing interest rates further. The government and the Bank of England have now introduced and started the process of Quantative Easing. They will spend [...]

Recessions come and recessions eventually go but if you were born in the 1980s or 1990s, you may not know what to expect or how to cope during a period of financial uncertainty. This guide gives all you first-time buyers a few pointers to surviving until the next boom comes around.
Your attitude
Stick to the essentials
Decide [...]

A few weeks ago I was talking with another client who had a tracker rate mortgage with the Cheltenham & Gloucester.  She told me that her tracker mortgage which I had arranged for her on a 1.01% below the base rate had reduced her monthly payments down to 25pence a month on a fairly substantial [...]

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 [...]

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Disclaimer:

Mark is a professional Mortgage Adviser. The Information provided here is for information and entertainment purposes only. The content and information within Talk Money Blog does not constitute financial advice. Talk Money Blog provides general information and does not attempt to provide you with advice that relates to your specific situation. You should discuss your specific issues with an independent financial adviser. Enjoy reading and do come back often!