The UK Mortgage Shop » uk mortgage

fixed rate UK mortgage ending! struggling single parent with poor credit history?

admin — Sun, 25 Jul 2010 20:59:04 +0000

my mortgage repayments are about to double & im at my wits end… also, my son is 17 & in his final year at college which means in a years time,my family tax credits will stop. ive called my lender but even if i switch to an interest only mortgage the repayments are out of my budget!
any advice…….please!

Sell the house…. the intent of a adjustable rate mortgage was for you to refinance the house long before the "adjustment" date rolled around or sell it with a profit and pay off the loan within the teaser rate period of time.

Of course… reality came in between you and Utopia and now you are stuck with a house you can’t afford. that is what it is…. a house you can’t afford now and never could afford. You paid rent to a mortgage company and will have to move to a place you can afford.
If your ARM is about to adjust and your mortgage payment is going to be twice as much as before than you bought something so out of your league that the whole deal should be considered criminal and the mortgage lender should be thrown in jail…. Most likely they are long gone…. and you are stuck with the bitter end result.

You need to brace yourself and get on with life…. Find a rental, move your stuff into it and turn in the keys to the house to your mortgage lender. Face it… you can’t afford this place and no, you can’t refinance something that is so upside down in value nor can you afford the real mortgage payment no matter how many years they tugg onto the length of the mortgage. A real mortgage payment is paying back principal and interest… you only ever paid a part of the interest and now the principal and interest is due for repayment and you never could afford this and never will.

Mr Mortgage – HERE COMES THE ALT-A CRISIS 4-16-08

admin — Fri, 23 Jul 2010 00:59:04 +0000

Visit my new blog…
http://mrmortgage.ml-implode.com

Mr Mortgage Exposes ALT-A Crisis Coming to a City Near You Soon

Duration : 0:10:0

Technorati Tags: Alt-A, Banks, bear, Chase, economy, Estate, Fargo, Foreclosure, lehman, Loan, MORTGAGE, Mr, Real, recession, Stearns, subprime, Wells

edinburgh mortgage for mortgage comparisons

admin — Wed, 21 Jul 2010 11:21:03 +0000

http://www.www.theedinburghmortgageadvisoryservice.co.uk offers a fre edinburgh mortgage guide. Shows you how to get mortgage comparisons. Great for first time buyers. Visit the site or call: 0845 612-3336

Duration : 0:4:45

Technorati Tags: edinburgh mortgage, first mortgage, MORTGAGE, mortgage broker, mortgage edinburgh, mortgage lender, mortgage uk, remortage broker, remortgage, remortgage lender, remortgage uk, remortgages

Crackdown on UK mortgage approvals (13July10)

admin — Tue, 20 Jul 2010 05:03:03 +0000

A look at the crackdown on the issuing of certain types of mortgages, especially the self-certification ones…. making it even harder for self-employed people to own their own home.

Why not do it that the self-employed are still able to self certify, but those in jobs that clearly used it as away to con money, are barred from self certifying for a mortgage. Oh, sounds like a too simple ans sensible plan.

Recorded from BBC’s Working Lunch, 13 July 2010.

Duration : 0:6:7

Technorati Tags: authority, borrowing, certification, certify, depression, employed, fiddle, Financial, fraud, fsa, home, HOUSE, lending, market, MORTGAGE, recession, self, Services, UK

Barack on the Mortgage Crisis

admin — Thu, 15 Jul 2010 20:47:11 +0000

Barack Obama spoke about the sub-prime mortgage crisis at a rally in Tampa, FL on October 20th, 2008.

Duration : 0:3:3

Technorati Tags: Barack, crisis, economy, florida, mortage, Obama, tampa

Brit home loan ignorance

admin — Tue, 13 Jul 2010 06:29:07 +0000

An agency aims to educate British mortgage holders after research shows many don’t know basic information like how much they are paying and how long the deals last on their home loans.

Duration : 0:2:40

Technorati Tags: MORTGAGE CONCERNS (O), REUTERS, UK

Nov 2006 Peter Schiff Mortgage Bankers Speech Part 1 of 8

admin — Sat, 10 Jul 2010 01:53:00 +0000

In 2006 Peter Schiff tells over 1000 mortgage brokers they are about to be out of jobs. Watch how he completely nails the coming real estate/mortgage debacle before anyone else even realized it was coming.

Duration : 0:9:56

Technorati Tags: analysis, commentary, economy, MORTGAGE, Peter, Schiff

Dear Mortgage Brokers – (iBuyHouse.co.uk)

admin — Mon, 05 Jul 2010 19:00:31 +0000

For bits and pieces hop along to iBuyHouse.co.uk

Duration : 0:1:45

Technorati Tags: Bank, bmv, cashflow, credit, crisis, crunch, investing, investments, lease options, lender, London, money, MORTGAGE, mortgage brokers, property, rent to buy, rick otton, sourcing, UK

how to buy at auction Top auction tips Investment roi.Free Mortgage calculator

admin — Thu, 01 Jul 2010 14:38:31 +0000

top auction tips on *how to buy at auction* and investment ROI. Return on investment.
John H Davies from Hedge Property Investment knows all there is to know about auctions but warns the audience in this clip When the hammer goes down….youve bought it!
http://hedge-propertyinvestment.com
http://hedge-propertyinvestment.com

If you are starting out on your property investment journey, or just want to get on the housing ladder, auctions can be a great place to pick up a bargain but you need to know what to look out for.
For example: Which are the best auctions, when is the best time to bid, who should you keep your eyes on and what do off the wall or its in the room mean?
In this video John shares some hot tips for buying at auction with a property investors group (Property Investors Network) and is on a mission to help as many people as possible take advantage of the current buying opportunities. If you know the sort of rent your auction will achieve you can calculate the maximum mortgage available by clicking:
http://hedge-propertyinvestment.com/lending-criteria.php
Equally, you can also calculate the rent required to cover a known mortgage amount.
http://hedge-propertyinvestment.com
http://hedge-propertyinvestment.com
How to buy at auction How to buy at auction
Hedge Property Investment are a well respected company based in Birmingham and helping private investors, fund managers, property agents, mortgage advisors and IFAs around the U.K.
Contact details:
0870 385 0512
admin@hedge-propertyinvestment.com
http://hedge-propertyinvestment.com
http://hedge-propertyinvestment.com

recorded and edited by Mike Crowe http://webmovies4you.com

Duration : 0:3:20

Technorati Tags: at, auction, bidding, Calculator, Davies, free, Hedge, investment, John, MORTGAGE, property, rent, roi, tips

UK Cuts Interest Rate To Record Low Of 1%

admin — Tue, 29 Jun 2010 10:08:09 +0000

http://video.news.sky.com/skynews/video/
Is the cut enough to help people through the recession? Skys Joel Hills reports.

Duration : 0:2:25

Technorati Tags: Banks, cash, credit, debt, hills, interest, joel, Loan, money, MORTGAGE, News, rate, recession, sky, UK