An exclusive Mortgage Strategy poll has revealed that 53% of mortgage brokers are charging fees for advice.
Swaps had a mixed week. While five-year swaps crept up slightly, shorter term swaps fell for the second week in a row as they settled back following their monster increases of the past few weeks.
What does The Charlbury Group do?
Paul Duckworth: There are two aspects to our business. First, we have the traditional software side where we build technology platforms, act as a network manager and help with IT strategies. So if a business is growing or contracting and needs help with cutting costs on the IT side, such as with its back-end processing system, we can help. We also build booking systems. I can't name the company but we built the engine that sits within the website of a multinational sports firm.

Every economist in the UK seems to have a method for predicting the next move in the credit crunch, whether it's comparing swaps or finding similarities between the 1990s recession and the 1920s crash.