Mortgage prisoner is a term heard more often these days, what does it mean? Simply put it refers to those borrowers who cannot due to either current lender restrictions or affordability requirements switch to a different product or lender for a better deal.
When it comes to mortgages, what is a flying freehold? It's explained here.
The money charity produced monthly statistics on the various financial elements of the UK population. They have been doing this since 2005 and makes quite interesting reading. Here is the latest form from December 2021.
Happy new year to all visitors, I hope your mortgage-related year is a good one.
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