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Posts Tagged ‘ tracker rate mortgages ’

Mortgage Borrower buy’s Schnoodle with money saved on low interest rates

Mortgage Borrower buy’s Schnoodle with money saved on low interest rates

Buying a Schnoodle I was talking with some clients last night and they happened to mention how they had more money at the end of each month since the interest rate had dropped from 5% to ½ %.  As a money saving expert I wanted to know what they were doing with their new...
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The more the Government spends the shorter the recession – Money Expert

The more the Government spends the shorter the recession – Money 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...
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Deepest recession for Twenty Years – Stop reducing Interest rate!

Deepest recession for Twenty Years – Stop reducing Interest rate!

The Bank of England’s interest base rate is expected to reach an all time low of 1% later today. The current rate of 1 ½ % is the lowest level of interest base rate ever seen in 315 years since it was established in 1694. This is dreadful news for savers but great news...
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Mortgage Lenders Finally Slash Mortgage rates | Mortgage Expert

Mortgage Lenders Finally Slash Mortgage rates | Mortgage Expert

In the wake of last weeks shock announcement by Bank of England of a 1½% interest rate drop from 4.5% down to 3%. This was not before time! Around 40 mortgage lenders withdrew their trackers rate products from the market and said they would be reviewing and relaunching their tracker products later this week. By last Friday...
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Can the Buy-to-Let landlord survive the Credit Crunch?

Can the Buy-to-Let landlord survive the Credit Crunch?

This is not a stupid question to ask. I was with a client last week and I was arranging a five year fixed rate buy-to-let mortgage on a 75% loan-to-value mortgage with the Bank of Scotland. While my client and I were signing all the paperwork for their new buy-to-let mortgage, the Bank of Scotland...
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