The directors of Anderson Harris are regularly asked for expert commentary in the national press. Below are some of their most recent mentions.

If you are a journalist and require comment, please contact Melanie Bien at Bien Media on 07875 175357 or

Melanie is an award-winning PR, author and former personal finance editor of the Independent on Sunday. Melanie is also one of the 25 most influential people in the British property industry, according to the Daily Telegraph.
  • One in six borrowers is taking out a mortgage lasting 35 years or more, official figures show – meaning many will be paying off their loans well into their 70s. Jonathan Harris at Anderson Harris, says: ‘The typical 25-year mortgage term is a thing of the past, particularly when it comes to first-time buyers, owing to tougher affordability criteria. However, most lenders still require mortgages to be paid off by retirement, which does put a limit on the length of the term.’

    The Guardian

    29 July 2017
  • Interest-only mortgages are a ticking time bomb for hundreds of thousands of homeowners in the UK. Adrian Anderson of Anderson Harris says there is action that borrowers can take: ‘Most lenders will allow a borrower to overpay on their mortgage by up to 10 per cent of the mortgage amount per annum so you could set up a direct debit to overpay every month if you can afford to do so.

    ‘Another option may be extending the term, giving you more time to pay back the mortgage. Speak to your lender to see whether this is possible if you feel you can still afford the monthly payments into retirement,’ he added.

    The Sun

    24 July 2017
  • Around one in ten families has no idea how they will pay off their mortgage when they reach the end of their deal and still owe the amount they borrowed. Adrian Anderson of Anderson Harris says: ‘We have definitely got an interest-only mortgage ticking time bomb scenario.’

    The Daily Express

    24 July 2017
  • Interest-onl y mortgages are an issue for hundreds of thousands of families who have no idea how they will repay the money they owe. Adrian Anderson of Anderson Harris says: ‘We have definitely got an interest-only mortgage ticking time bomb scenario.’

    The Daily Mail

    23 July 2017
  • Around a fifth of all outstanding residential mortgages in the UK are interest only, according to the Council of Mortgage Lenders, which estimates that about 1.9m borrowers are just paying off the interest on their debts without making a dent in the underlying capital. Adrian Anderson of Anderson Harris, says: ‘We’ve definitely got an interest-only mortgage ticking time bomb scenario. Lots of people in the past took out interest-only mortgages at much higher loan-to-value ratios than would now be granted, and people took them out without thinking about how they would pay them off.’

    The Financial Times

    21 July 2017
  • The Bank of Mum and Dad is playing a key role in helping children on to the housing ladder. Adrian Anderson of Anderson Harris, says: ‘The deposit is often the biggest barrier to homeownership because wages aren’t keeping up with house price growth. Most of the first-time buyers who come to us have significant financial assistance from the Bank of Mum and Dad.’

    The Times

    15 July 2017
  • Homeowners are rushing to remortgage on to long-term fixed-rate deals because of fears over interest rates and Brexit. ‘Fixed-rate mortgages are incredibly cheap – it is hard to see them being able to go much lower,’ says Jonathan Harris of Anderson Harris. ‘There doesn’t seem much point in waiting for the possibility of cheaper deals.’

    The Times

    15 July 2017
  • House prices have been propped up by near-zero interest rates but when they start rising, this is likely to happen slowly. ¬†Adrian Anderson of Anderson Harris, says: ‘It is unlikely they will return to previous levels of around 5 per cent, we are more likely to see a new norm of nearer 2 per cent.’

    The Sunday Express

    9 July 2017
  • Fewer first-time buyers are taking on interest-only mortgages than their parents, but this is partly because such deals are harder to come by. Jonathan Harris of Anderson Harris, says: ‘Home-ownership is hard-won among the young, so once they’ve climbed the mountain of getting on to the housing ladder, they are making sure they stay in control of their finances and don’t pay more than they need to. First-time buyers also tend to choose longer mortgage terms.’

    The Times

    8 July 2017
  • Homeowners in their forties and fifties can easily become trapped with expensive mortgages if they are refused a new deal because of their age. However, Adrian Anderson of Anderson Harris says the challenger bank Metro is more switched on than others. ‘If you have unquestionable long-term ability to service and repay the loan through income from a buy-to-let property, investments, a pension or a trust, then Metro does not have a maximum age that the mortgage needs to be paid back by,’ he says.

    The Evening Standard

    7 July 2017