Hints and tips:
...Simon Gammon, managing partner at mortgage broker Knight Frank Finance, said the combination of lower than expected inflation figures and the BoE’s decision to hold rates firm — amid optimistic comments...
...alec.russell@ft.com...
...“It gives people options,” said Gammon....
...Gordon Brown in 2010, John Major in 1997 and Alec Douglas-Home in 1964 all held on until the last possible minute....
...Alec Leamas is the main character of which 1963 novel? Which rapper was a member of NWA before becoming the president of Death Row Records?...
...“We are seeing a delay in what we hoped would happen, that mortgages would come back down to 3 to 4 per cent,” said Gammon....
...“They tend to be like buses — when you have one lender who moves, that reorders who is the most competitive,” said Simon Gammon, founder and managing partner at broker Knight Frank Finance....
...Simon Gammon, managing partner at mortgage broker Knight Frank Finance, said: “Rates at this level are going to come as a shock to the 1.4mn or so households that face remortgaging this year.”...
...in 1979 and Alec Douglas-Home in 1964 — all of that points to an election either very late in 2024 or very early in 2025....
...Simon Gammon, founder and managing partner at broker Knight Frank Finance, said: “They’re nervous about lending at a loss.” The issue of rising mortgage costs is becoming increasingly political....
...James Christopher, a homeowner near Norwich in his forties, came to the end of his five-year fix — on a rate of 1.9 per cent with Nationwide — in March....
...Simon Gammon, managing partner at broker Knight Frank Finance, said that was “a highly personal decision” because it came “with the risk that your monthly payments will rise if the BoE opts to raise interest...
...Alec Russell responds Rana, greetings from London....
Influential South Carolina Democrat dismissed concerns about the president’s age
...The period covered includes the Cuban missile crisis, the Profumo affair, the assassination of John F Kennedy, the fall of Harold Macmillan and the brief premiership of Alec Douglas-Home before the election...
...“At the moment, five-year fixed rates are cheaper than two-year fixed rates,” said Gammon....
...Simon Gammon, managing partner of mortgage broker Knight Frank Finance, says the “full shock” of the mortgage rate rise has yet to hit landlords, but will intensify later this year as more fixed rate terms...
...Chief operating officer James Dixon and chair David Gammon seem to think the reward isn’t enough. In the past few weeks, Dixon has sold £281,000 worth of shares while Gammon sold £490,000....
...“We’re in for a bumpy week,” said Simon Gammon, managing partner at broker Knight Frank Finance....
...Simon Gammon, managing partner at mortgage broker Knight Frank Finance, said: “We are expecting fixed rates to continue to fall back slightly — they are still overpriced because lenders don’t have an appetite...
...“They’re essentially pricing themselves out of taking on lots of work while they assess,” said Simon Gammon, founder and managing partner of Knight Frank Finance....
...Alec Burt Manchester, UK...
...Gammon at Knight Frank Finance says the shift in mood among buyers seeking mortgage finance has been tangible over the past month, as the “sellers’ market” of the past two years fades....
...I think you have to go back to Alec Douglas-Home. He was not the last prime minister who came back as a . . . Stephen BushIn Heath’s cabinet....
...Simon Gammon, managing partner at Knight Frank Finance, said: “Lenders are already repricing their product lines rapidly, often as much as twice a week....
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