I found this story in the Times today. Mortgage lenders who have been used to having their own way and making up their own rules for so long, are complaining about the Government’s Mortgage Lifeline plan that was launched by Alistair Darling to help those facing repossession. “Mortgage lenders warned the Government last night that [...]
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Mortgage Lenders Complain About Helping Repossessions
Posted in cash property buyers, companies that buy houses, n244, Negative Equity News, northern rock, possession order, Repossession, Sell and rent back Also tagged 100% of market value, alastair darling, cash property buyers, companies that buy houses, form N244, low equity, morgage, Negative Equity, no equity, possession order, remortgage, repossesion, Repossession, Sell and rent back, suspended possession order Leave a comment
ONE Reposession EVERY 10 Minutes in UK – Official
Official figures published today by the Government show that in the last three months of 2008, with over 13,000 homeowners losing their homes to lenders. The Government has also officially released figures that confirm the recession – as if any of us needed it in writing! It goes without saying that the number of repossessions [...]
Posted in cash property buyers, companies that buy houses, mortgage express, n244, no equity, northern rock, possession order, preferred mortgages, Repossession, Sack Your Estate Agent, Sell and rent back Also tagged 100% of market value, baillifs, cash property buyers, consumer credit act, debt problems, GE money, Kensington, london scottish, long term rent back, losing my home, low equity, Negative Equity, no equity, phone calls, possession order, remorgage, remortgage, rent back dangers, reposesion, reposession, repossed, repossesion, Repossession, repossession order, repossion, Sack Your Estate Agent, Sell and rent back, stop reposesion, stop reposession, Stop repossession, stop repossion, suspended possession order Leave a comment
GE Money Keep Calling You At Home Due to Arrears?
One of our rent back tenants continued to receive threatening phone calls from GE Money even after she had sold her flat, and all her debts had been paid by her solicitor, and she was already renting back her home!
Posted in Negative Equity News, Sack Your Estate Agent Also tagged consumer credit act, GE money, low equity, Negative Equity, no equity, payments, phone calls Leave a comment
