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 [...]
Tag Archives: no equity
Mortgage Lenders Complain About Helping Repossessions
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 [...]
100% of Market Value?
STOP PRESS: UPDATE May 2009 Since I wrote this article the housing market has changed dramatically. I warned sellers against the dangers of sell and rent back companies offering 100% of market value. Sell and rent back simply cannot work when the buyer pays 100% market value for your house. I still maintain that you [...]
UK Government to Stop Repossessions!
Government tells Banks to Stop Repossessing Homes. (They Wish…) Banks have been told to cut repossessions by Yvette Cooper the Housing Minister. If you are at the sharp of end of your lender’s sharp practices you may well greet that news with a pinch of salt. The Government of course has to be seen to [...]
Will the 3% interest rate help you avoid repossession? Probably not.
Bank of England Reduces Interest Rates to 3% – Stop Repossession? Last Thursday the Bank of England surprised everyone by making a huge cut in the interest rate. From 4.5% to 3%. Does this mean that the danger of being repossessed is less than before? Not at all – here’s why: Once upon a time [...]
I Can Now Help More People to Avoid Repossession! Find Out How
As the credit crunch has escalated into a world wide banking crisis that affects all of us one of the things that concerns me most is that unlike even 6 months ago, I am no so inundated with requests for help for sell and rent back or for home rescue options, that I am physically [...]
I Buy Houses in Bedfordshire
Houses wanted for cash in Bedfordshire I Need Properties in Bedfordshire! If you have a property for sale in any part of Bedfordshire, please contact me using the form below, thanks! Gary Home Rescue Lease Purchase Information Your Name(required) Address(required) Town/City(required) Postcode(required) Property Type Select One Detached Semi Terraced End Terr Bungalow Converted Flat Purpose [...]
Price of auctioned homes falls 25% in a year
How does the crash in auction prices affect your home value? Find out why it matters to you!
I Buy Houses in Hertfordshire
Houses Wanted Hertfordshire I’m looking for houses to buy in the following areas. If you wish to sell and move home I can offer a fast decision. I can pay your price for the right properties. I also specialise in helping people facing repossession. For more info on repossession click here Houses and flats wanted [...]
Mortgage approvals plunge 71% to all-time low
Homeowners in trouble can no longer remortgage The Council of Mortgage Lenders has issued figure that show that mortgage approvals are down by 71%. The implications for those with financial difficulties who are trying to remortgage are severe. In the past with property values rising, it has been relatively easy, even for those with poor [...]
House Prices Falling Fastest in 18 Years
The Nationwide Building Society has confirmed that house prices are now falling at the fastest ever rate in the last 18 years. In fact they are falling so fast that within a couple of months, that statistic could read ‘since the war’. Yesterday I had a call from a desperate seller in my local area. [...]
I Want to Sell My House Fast and Move On
I Want to Sell My Home Fast and Move On… If you are looking to sell your home fast and move on then one of my property rescue schemes may work for you. Do any of the following fit your situation? I have some mortgage arrears and I’m unable to remortgage I need to relocate [...]





