Fund star James Anderson to quit Scottish Mortgage

Fund star James Anderson to quit Scottish Mortgage: Industry poster boy stepping down after 22 years James Anderson said he will hand over the reins at Scottish Mortgage Investment Trust in April 2022 after 22 years at the helm  Anderson transformed the trust from a little known outfit into a FTSE 100 giant with assets … Read more

Third of owners will pay HIGHER mortgage rates to avoid lender scrutiny

Mortgage borrowers hit hardest by the pandemic may find themselves paying out thousands more each year, because they believe the financial fallout has affected their ability to remortgage.   Almost one third of borrowers who have seen their incomes fall due to Covid-19 expect to move onto their lender’s standard variable rate once their initial deal … Read more

Moon mortgage guide: Lunar residents could pay $32,067 a MONTH

NASA is gearing up to send the first woman and next man to the moon which could pave the way for humans to eventually colonize Earth’s natural satellite, but a new study suggests setting up real estate will be a costly feat. Experts at Money, a credit broker for consumer credit products, released the first-ever … Read more

Moon mortgage guide reveals residents could pay $32,067 a MONTH for homes on the lunar surface

NASA is gearing up to send the first woman and next man to the moon that could pave the way for humans to eventually colonize Earth’s natural satellite, but a new study suggests setting up real estate will be a costly feat. Experts at Money, a credit broker for consumer credit products, released the first-ever … Read more

Fundraising page set up to pay Prince Harry and Meghan’s £11m mortgage closes after raising £78.64 

A ‘fundraising campaign’ set up to help Prince Harry and Meghan pay the £11million mortgage on their California home has been closed after raising just £78.64.  The GoFundMe page was set up by Anastasia Hanson, 56, from California, two days after the couple’s bombshell Oprah interview and titled ‘Harry and Meghan $5 Donation to Buy Home … Read more

Fundraising page set up to pay Prince Harry and Meghan’s £11m mortgage closes after raising £78.64 

A ‘fundraising campaign’ set up to help Prince Harry and Meghan pay the £11million mortgage on their California home has been closed after raising just £78.64.  The GoFundMe page was set up by Anastasia Hanson, 56, from California, two days after the couple’s bombshell Oprah interview and titled ‘Harry and Meghan $5 Donation to Buy Home … Read more

Self-employed mortgage struggle for seven in 10

This is Money spoke to two freelancers about their struggles getting on the housing ladder.  Daniel Mitchell, professional musician and tutor from Greater Manchester  Daniel Mitchell, a musician, says he feels ‘lucky’ to have secured a mortgage during the pandemic as a self-employed person I have been a full-time freelancer since the start of 2019. … Read more

What has happened to mortgage and saving rates since the base rate cut?

Easy-access savings rates have fallen by seven tenths, but many mortgage borrowers have barely benefited since the Bank of England cut its base rate to an all-time low last year, data suggests.  Savings rates have plummeted but some of Britain’s biggest lenders have failed to pass on the full 0.65 percentage point cut since last … Read more

Habito launches new mortgage with a 40 year term

A mortgage being touted as Britain’s ‘longest-ever’ fixed rate home loan will be launched next week. The new product, Habito One, will allow home buyers to stay on the same mortgage rate for up to 40 years. This is common in countries such as the US and Netherlands, but the longest mortgage term buyers could … Read more

Scottish Mortgage was down 25% since February. What does this mean for the UK’s most popular trust? 

The hugely popular Scottish Mortgage investment trust has slumped by more than 25 per cent in three weeks as it suffered from a sell-off in global technology and growth stocks. Rising US bond yields and inflation fears sent the £16billion fund’s share price falling another 4.5 per cent today to 1,040p. That leaves legions of British … Read more