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As we officially enter the festive period, you may expect a season slowdown but it has been quite the opposite. We look set to have an extraordinarily busy end to the year due to lenders raising the costs on their fixed rate mortgages.
You can read the full article here.
Matt Coulson (Founder of Heron) and Richard Campo (Head of Growth) talk over their immediate reaction to the Bank of England cutting rates from 5% down to 4.75% today. Covering topics such as:
– Why are Fixed Rate mortgages going up when the Bank of England are cutting rates?
– What impact this has had on money markets?
– How this impacts the different type of mortgage products such as: Trackers | Fixed Rates | Discount Rates
– Why the UK Budget and US Election results are inflationary?
– Why house prices
They aim to answer to these questions and a lot more besides. Hope you enjoy the listen.
The wait, and endless leaks, are over and we now know the content of the budget, I’ll even resist any Halloween inspired puns…
You can read the full article here.
As we wave goodbye to (what allegedly was) summer for another year and start eyeing up pumpkin spiced latte’s, it is a relatively lull period for the mortgage market in terms of news. We just had the Bank of England meeting in September, which was a hold, and with a budget due at the end of the month and the next Bank of England meeting in early November, its very much a holding pattern until then.
You can read the full article here.
As summer holidays start to fade into the rear view mirror, and everyone packs up their bucket and spades for another year, what is now sharply coming into focus will be what will happen with the Bank of England and the impact that will have on mortgage rates.
You can read the full article here.
