The Great Tracker Rip Off
Posted by siteadmin on Wednesday 8th of April 2026
So everything in the mortgage market changed AGAIN when the Iran War erupted on the 28th of February. Oh how I wish for just a few “Normal” months!
The spectre of rampant inflation and the Bank of England’s message that they “stand ready to act” spooked lenders and mortgagors into grabbing the first fixed rate they saw.
The market believed that instead of cutting the Bank Rate the BOE would instead raise them this year and SWAP rates soared. This caused the panic we saw with clients seeking safety in a fixed rate.
I believe this panicked...
Welcome
Posted by siteadmin on Tuesday 28th of October 2025
Welcome to STEP Mortgages and Neils blog……
This is the first, its been a while since I took the time to write my thoughts down so I hope you find this interesting, useful and maybe humorous (Who knows, I’ll try!!)?
So we are 4 weeks into STEP Mortgages and its certainly been a landing littered with learnings.
The first learning for me is that I have a small head… I know this as its only 56 cm in circumference but that hasn’t stopped me trying on the Financial Fedora, The Broker Beanie (Its cold and I’m bald!!), The Marketing Miki Hat and ...
