Best Mortgage Rates February 2010 There is increased coverage of mortgages in the press of late in particular in the area of fixing or staying on a variable, below are t... Continue reading
Why does a state owned bank subsidise depositors? There is concept in finance of a 'risk free rate', and normally that is seen as being the rate of return on money by a sovereign entity... Continue reading
Mortgage options down 50% as of 2010 The Examiner carried a story about the number of options available to borrowers in the present market and the fact that they have dropp... Continue reading
Are lenders cherrypicking? Banks deny that they are cherry-picking applications and brokers say otherwise. What I can say is that we are going through a credit ad... Continue reading
Bank of Scotland: They should have stuck to the broker channel I can't help but think that if Bank of Scotland had stuck to the broker channel that they wouldn't have been in the mess they are in no... Continue reading
Tax liabilities on negative cashflows? The perils of renting out your home There is an interesting situation that we are seeing much more of lately, where people in negative equity or negligible equity are deci... Continue reading
Regulatory failure: the ban on repossessions In providing a blanket ban on repossessions our regulator has deployed the bluntest tool in the box with all of the grace of a Rhino on... Continue reading
The most important step for preventing future mortgage meltdowns I have been asked several times 'what would you change' in the mortgage market in order to prevent serious financial melt-down in the f... Continue reading