Mark Williams's Blog – April 2012 Archive (4)

Average rates across two- and five-year fixed products have crept up, and borrowers on their lender’s Standard Variable Rate should be wary of future rises and look to fix sooner rather than later.

The warning comes after a number of lenders announced hikes to SVR (Standard Variable Rate )rates which come into force on May 1. Analysis has found that the average rate for…

An 11-year-old boy has been highly commended for his imaginative entry to a competition to find a credible plan for a euro exit.

Jurre Hermans was among 452 candidates who submitted entries to win the £250,000 Wolfson Economics Prize. Although his idea was not among the five shortlisted, Jurre received special mention from the judging panel and will receive an €100 gift voucher, the Telegraph…

Borrowers on standard variable rate interest-only mortgages need to think about remortgaging fast as nine lenders have now cut their maximum loan to value.

Anyone with an interest-only mortgage that is currently on a lenders’ own variable rate (Standard Variable Rate) needs to think very seriously about protecting their position following the recent sudden surge in lenders reducing the Loan to Value on…

An astonishing poll of estate agents claims that 40% believe that property on their books is over-priced.

The claim has emerged in a poll of over 200 agents conducted by review site MeetMyAgent.

The poll was conducted between March 20 and 24 and claims to show that 38% of agents believe that more than 30% of their stock is over-priced.…