Grenfell
Grenfell Tower Enquiry Report
Today, the Grenfell Tower Enquiry Report was released. Am I surprised at the outcome? No, but I am surprised at just how scathing the report has been of everyone, right up to the government level.
Latest
Welcome
Welcome to the new site!
Mortgages have been part of my life for nearly 25 years now. During that time, I worked in many parts of the industry. This is a new site as a hopeful upgrade from the old one.
Tax
New Tax Guides
I have been asked a few times to create some guides on Tax in the UK. Many people are confused by the rules and, in fact, what taxes can affect the majority of us at some point in our lives. I have put a new section together for these.
Inflation
Inflation on the rise again
Inflation has risen following a decent downward run. What does this mean for prices and, more importantly, for mortgage holders regarding interest rates?
Influencers
Young people relying on influencers for financial understanding
A worrying trend in the finance industry is that young people rely on influencers, particularly from social media, to understand financial matters. A new report suggests an increase in young people using this approach to learn.
Market
Fears of US recession as stock market plunges
Over the last couple of days stock markets have fallen quite significantly, fears of a recession in the USA are fuelling the fall. This could impact the UK in many ways should the decline continue.
Interest
Interest Rates Fall to 5%
In a surprising move the Bank of England has reduced interest rates by 0.25% in a pretty close vote.
MSP
How are MSPs elected in Scotland?
How are MSPs in Scotland elected? That is what I am going to cover in this article. Surprisingly, many I speak to don't realise we have an element of proportional representation in Scotland when it comes to elections.
Interest
Interest held again at 5.25%
And interest rates are held yet again at 5.25%, not what I was expecting at all!
Inflation
Inflation falls to 2%, will interest rates follow?
Inflation falls to 2%, back in line with normal levels.
Arrears
Mortgage arrears are up
Mortgage arrears have increased 4.2% in the first quarter. It's grim out there, but I remain hopeful interest rates will move down soon.
AI
Will AI be doing your mortgage for you?
Artificial Intelligence (AI) is all around us at the moment. Apple explained how they bring AI to iPhones at this week's Worldwide Developer Conference. Microsoft has also announced that new Windows CoPilot laptops will arrive next week and bring AI.