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Quick Fixing For Re-Mortgaes

 

Selected borrowers from GMAC, Kensington and Edeus who are sat with mortgage company Oakwood are being paid to re-mortgage away. Leading website Mortgage Strategy report what can only be described as a “fire sale” by Suisse Life who acquired Buy to Let Mortgage books from the specialist lending market place and placed them in a company called Oakwood. They are reported to be offloading mortgages at bargain basement prices. Mortgages that they are unable to sell on.

For example a client with a mortgage of £200,000 in this pool of troubled mortgages from one of the lenders above, in certain circumstances, are being offerred up to a £30,000 discount for taking their mortgage to another lender. Therefore the mortage with the new lender would only be for £170,000. The company has also said it will waive redemption penalties saving many more £1,000’s.

Great news for the clients, bad news for the likes of Credit Suisse shareholders who are taking this huge sub prime hit, and this following the record £5.6M fine from the FSA for a number of failings.

Trumpo is pleased to see some good news for a small numer of mortgage payers who have been hit with increasing borrowing costs for over a year now.

 

 


House Prices Remain Flat in May
30 June, 2008

Average house prices in England and Wales remained flat in May,  showing no monthly change at £183,266, according to the latest figures
from Land Registry.
Having said that, annual house price growth showed a decline for the ninth consecutive month, with a change of 1.8 per cent. The most up-to-
date figures available show that during March 2008 the number of completed house sales fell by 50 per cent to 53,080 from 106,047 in March 2007.
Monthly house price growth in London currently stands at 0.8 per cent,  and the average house price at £354,714. The North East experienced the most significant monthly price fall with a movement of -2.4 per cent.

 

 

Why  is a well known lender (bank) declining many mortgage applications only for another well known lender (bank) to take these applications with no problem whatsoever?

 

Could it be a question of the rationing of money?

WATCH THIS SPACE!

Many are now convinced that we have entered into a recession. Not just in the United Kingdom but most of Western Europe and the USA. It is becoming increasingly difficult for those even with excellent credit profiles to re-finance their existing secured and personal debts.

 

Is this the end of the financial world as we know it?

MORE COMING SOON!

With so many different buildings and contents policies to choose from and all at differing premiums no wonder everybody is confused. It seems that every man and his dog can pull a policy from his pocket to insure your home.

 

So just what is good value for money?

WATCH THIS SPACE!

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MORTGAGES AND REMORTGAGES

 

It is probably even more important than ever in this current and ongoing financial Credit Crunch Mess we find ourselves in, to get sound and independent mortgage advice. With many lenders constantly moving the goal posts and others closing the doors it is no wonder most people have become very confused and worried.  We are here to give you clear and honest mortgage advice. We will tell you what we can do and also what we can’t do. With combined experience of over 120 years their is not much we don’t know about mortgages and re-mortgages. We are Northerners, we talk straight. Tell it like it is! So whatever property you wish to purchase or re-mortgage email or call us. You won’t find any free 0845 numbers here or press this press that button. We just pick up the phone and talk to you. Clear, simple and personal talking wherever you live in the United Kingdom.

 

DEBT PROBLEMS? REDUCE IT BY UPTO 70%

 

We know that debt is overwhelming. We understand that a change in circumstances such as a reduction in income, or the break-up of a relationship or even bad financial management – none of us are perfect! - could land you in serious financial trouble.

That's why Premier could provide a solution designed to meet the personal needs of each and every individual client. You could consolidate all your loan and credit card debt in to an affordable monthly repayment. Highly experienced advisers will help you find the best financial solution to suit your needs, be it debt management or an I.V.A. or an alternative, depending on your personal circumstances. So call us or email us. We won’t shout at you for falling in the sh*t! But we might just pull you out of it?

 

BUILDINGS & CONTENTS, MORTGAGE PROTECTION AND LIFE ASSURANCE

 

Did you know that you could possibly save money by switching your insurance policies? With most insurance companies fighting for business it can be possible to get like for like cover at a cheaper premium. This applies to buildings and contents insurance, accident, sickness and unemployment cover (mortgage protection, which would cover your mortgage repayments) and also life insurance with or without criticall illness cover. It costs you nothing for us to look at this for you. Maybe you will save maybe you won’t. But it will cost you nowt to find out.

 

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IT COSTS NOWT TO FIND OUT!

AS YOU WILL BE TOTALLY AWARE BRITISH POWER COMPANIES ARE REGULARLY RAISING THEIR PRICES.

THE PRICE OF GAS FOR INSTANCE HAS GONE THROUGH THE ROOF.

BILLS ARE BECOMING CRIPPLING, PEOPLE ARE STRUGGLING AND EVERYTHING LEADS TO A FINANCIAL LEVEL ZERO AT HOME.

HOWEVER GOOD NEWS MAYBE ON THE WAY!

A RUSSIAN POWER COMPANY IS CURRENTLY IN NEGOTIATION IN REGARD TO SUPPLYING THE UK WITH VERY VERY CHEAP GAS!

 

WATCH THE SPACE!

 

NASDOROVYA! MESHKA

PLEASE KEEP US WARM!

 

 

THE RUSSIANS ARE COMING! - RUSSIAN GAZ
IT COSTS NOWT TO FIND OUT!
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