The Bank of England is charged by the government with keeping inflation under control, with a target rate of 2%.<< MORE >>

Chase UK's chief executive Terry Pritchard last week stepped down to pursue consulting opportunities.<< MORE >>

According to recent figures released, the number of properties repossessed in London have trebled in the last 5 years. The information was provided to the Liberal Democrats' London spokeswoman, Lynne Featherstone, when she submitted a parliamentary question. << MORE >>

The Bank of England's Monetary Policy Committee has increased interest rates to 4.75%, having held them at 4.5% for 11 months in a row.<< MORE >>

I've started getting enquiries regarding advertising since I relaunched the blog. {It would have been 3 years online now if I hadn't inadvertantly wiped it}. If anyone is interested I will post adverts to House / Mortgage related sites on here. A friend of mine is now doing online marketing for this company. As its home improvement I thought I'd help out. For more - have a look at this - Homebrite - Quality Conservatories, doors and windows.<< MORE >>

I like the new look Lycos.  Especially when I was pleasantly suprised to see under the term

"remortgage blog"

the daily deal is third in the normal search engine rankings - not sponsored links. If you do

"remortgage-blog"

I'm first.... A small victory thanks to my regular readers.Remortgage blog

A client of mine asked me the other day why people remortgage. It seems relatively straight forward to me, having worked in the industry for a number of years, but now that I'm away from it all, its interesting that a question like this comes up quite regularly.<< MORE >>

Found this neat little directory listing estate agents in the manchester area.

If anyone else has suggestions, please add them as comments and I'll gladly check them out before posting here.

Cheers
Mr Mortgage

An Adverse Remortgage Loan is the process of paying-off one mortgage, from the proceeds of a new mortgage (i.e. remortgage loan), using the same property as security, even if you have adverse credit difficulties. An adverse credit re-Adverse mortgage may be just the right solution for you!

The benefits of an adverse remortgage include saving money by having a fixed rate remortgage or discount remortgage rate, debt consolidation on existing credit or raising cash for home improvements, a new car, business etc., or a combination of any of these benefits - even with adverse credit problems.

A list of five Cheap remortgage companies or directories I have located can be found here.

• Money Quest - Switch to a lower rate - Typical rate is £700
  
• Chase Uk Corp Ltd - Cheap Remortgages for people with Good or Bad Credit
• Money Super Market
• Move-my-mortgage.com - Advice on moving your mortgage in the uk
• Open Directory - Mortgages & Finances

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
The above remortgage detail is for information purposes only and does not constitute financial advice under the Financial Services and Markets Act 2000.   If you wish to seek advice, please speak to an independent advisor.
A list of these can be found here - Mortgages, Fixed Rate Mortgages, Mortgage rates and Self Cert Mortgages.

According to Nationwide Building Society - June was the third month of what is termed 'subdued growth' regarding house prices.

On a quarterly basis, growth slowed to 1% from 1.6% in the previous three months.  The annual house price inflation stands at 5% in the Nationwide index.

The Bank of England pointed to a slowdown in house purchase approvals.

Group chief economist Fionnuala Earley said "The Bank of England is still in a 'wait and see' mode. 

Looks like 4.5% will remain the norm for some time yet.