Sebastian Murphy and Rory Joseph

The longest journey always starts with a single step; from small acorns do big oaks grow; and any other change maxim you want to come up with, can be thrown at a mortgage market, which can often seem very reluctant to do anything a little bit different.

newcastle takeover

There’s an old joke about people who invest in football which runs along the lines of, how do you take £1m out of a football club? Put in £2m.

A few weeks into the new year and we can’t help feel there’s a sense of other worldliness about the mortgage market at present.

Essentially for some lenders at present – large, mainstream operators in a number of cases – self-employed borrowers are not welcome.

parliament housing minister

With just days to go until the announcement, to say that a lot of water has flown under the bridge would be a gross understatement.

The date? 31 January 2020. The time? Late afternoon. The reasoning? As the saying goes, ‘A good day to bury bad news’.

There is also a strong argument to suggest that the predictions made by the Bank of England, and others, have actually already happened.

Some networks won’t allow firms to move into equity release.