The Budget 2021 – Stamp Duty Holiday Extended & 95% Mortgages Back
Budget 2021 It was all about the Budget 2021 this week and what goodies or baddies the Chancellor was going to bestow on us this time. The usual leaks started to appear in the press a week or so ago...
View ArticleThe Mortgage Market A Year After Lockdown
Today marks exactly a year since the first Lockdown was called, and it still seems remarkable that we are still not out of this fully. After first hearing about a little known virus, it seemed that in...
View ArticleRecord Net Mortgage Lending
It’s all about mortgages, mortgages, mortgages as Abba once famously sang…oh hold on, anyway you get the point. This week the Bank of England Money and Credit Report (March) showed that “UK homeowners...
View ArticleHouse Prices Keep on Moving Up…
Last week saw the latest figures from both the Halifax House Price Index and the ONS which again showed a further uplift in house prices. In their report, Halifax hit the nail on the head, namely that...
View ArticleStamp Duty Holiday nears end
Another mad week in the mortgage world as we really are now at 1 minute to midnight on the Stamp Duty Holiday. Brokers, agents, lenders, valuers, and conveyancers are all (mostly all) working...
View ArticleMonty’s market update
With the Stamp Duty deadline (the first part) now a distant memory, it will be interesting to see what happens next, but there is every indication that the market will continue to be busy for the...
View ArticleDiversity in the Mortgage Industry – Workplace Survey
Diversity, Inclusion, Equality, Equity – all of these terms reflect an important subject that evokes an often-emotional response. At Coreco we are passionate about promoting gender equality, diversity,...
View ArticleMortgage Rate Wars Lead to Lowest 5-Year Fixed Rate Ever?
Mortgage Rate Wars The mortgage rate wars continue to rage with lenders still having access to a large amount of cheap money that is swilling around. In fact, it is so cheap right now that we have just...
View ArticleMortgage market update – last leg of the triathlon
The mortgage market has felt like a triathlon as of late. A triathlon is a mad event, isn’t it? Staying up into the small hours to watch the Olympic race unfold made me exhausted just watching them,...
View ArticleThe Great Mortgage Rate War
The great Mortgage Rate Wars keep on raging with, as predicted, more lenders wading into the frenzy for your business. Nationwide are no longer alone with a 5-year fixed at under 1%, joined now by a...
View ArticleThe future of mortgages for the self employed
I joined up with Asset tv to discuss what the future of mortgages looks like for the self employed. The world of mortgages has changed dramatically during the pandemic, and as the country shifts and...
View ArticleMortgage Rates are cheap as chips
Summer already seems so far away and (whisper it quietly) the talk is now all about Christmas and making sure that buyers get in beforehand. Data that was released by the Homeowners Alliance suggested...
View ArticleWhy use a mortgage broker
Why use a mortgage broker? Even today there seems to be a general misconception of what a mortgage broker actually does and what value they can add when searching for a mortgage. It is often assumed...
View ArticleThe Different Types of Mortgages Explained
Looking for the perfect mortgage to suit your financial circumstances can be difficult, especially with so many mortgage options to choose from. Once you get around all the mortgage jargon and...
View ArticleMortgage Rates on the Rise
For those of you old enough to remember the classic BBC sitcom Dad’s Army it really is a case of “Don’t panic Pike” as the media explodes with news about imminent rate hikes, costs doubling, and all...
View ArticleInflation and Mortgage Rates
It has been a relatively quiet week in the mortgage market, especially after the imminent threat of a Bank of England rate hike passed by with barely a whimper. That is not to say that the threat has...
View ArticleIncrease Bank Base Rate from 0.1% to 0.25% today
The Bank of England has finally announced an increase in the Bank Base Rate from 0.1% to 0.25% today. This decision, which in light of the latest Covid data, has caught many off guard who thought the...
View ArticleWhat Does 2022 Hold in Store for the Mortgage & Property Market?
Welcome to a shiny New Year and I hope you all have had a great break. 2022 looks as if it is going to be a very interesting one, with talk of rate rises and competition amongst lenders shaping the...
View ArticleJanuary Mortgage Market Update
It seems crazy that January is already almost over as we move towards the usually busy Spring period at a rate of knots. Coreco has been busy in the media once more, commenting in the National Press...
View ArticleIs it time to remortgage?
Should you remortage? Like the cost of living, mortgage rates are on the rise and many borrowers will be looking to minimize what is their highest monthly payment. However, their current deal might not...
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