Green Shoots?
I promise - it is not all “Gloom and Doom” and spring sees signs of new life in our economy starting to show. In March this year we saw nationwide house prices increase for the first time in 6 months, whether this continues has still to be seen, but it’s a start. This is good news for mortgages especially Read the rest of this entry »
Cut Costs
So what else can we do to prepare? I advise all my clients to make a simple spreadsheet or table on a piece of paper outlining all monthly income and outgoings. Start with the high ticket items like mortgage / rent, cars, travel expenses, etc and work down to the smallest expenses. Now you have listed these expenditure items, investigate where you can cut costs item by item. Read the rest of this entry »
At the start of the new year my resolution was to keep all my valued clients up to date with economic matters in 2009. I genuinely want to ensure all my clients are as secure as we can be in light of the current global financial crisis and what I a Mortgage Broker predict to be another financially challenging year for us all.
The Last Quarter
In my previous newsletter, I outlined the opportunity that many people have to wipe off some of their debts. Read the rest of this entry »
Yesterday, RBS revealed that its losses for the full year could reach as much as £28 billion, the biggest-ever loss in UK corporate history, mainly due to charges related to its acquisition of ABN Amro, the Dutch bank, last year.
The Government, which Read the rest of this entry »
In the UK mortgage brokers have to go through very tough controls and are continually monitored by a regulatory body called the Financial Services Authority.
If you are applying to become a mortgage broker you have to go through exams which usually can take over a year and longer to complete. Once you have passed these mortgage broker or mortgage adviser exams you have to Read the rest of this entry »
Welcome to our new broker blog. Initially set up by Jim Mathieson to keep up to date any relevent news in the mortgage broker business in the UK and around the world, as most financial news affects us all globally now.