The CBI
The Bank of England base rate remains at 0.5% for the third consecutive month there are warnings recommending that higher fixed rate mortgage deals are on the horizon. Borrowers are reluctant to remortgage now due to the low interest rates they have with their current mortgage deals. This benefits borrowers on tracker rate, discounted [...]

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 [...]

Talk Money Blog

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!