Saturday 1 December 2012

Mortgage Deal Information

Parliamentary Yearbook Shares: When the US falls over the  fiscal cliff and Europe and UK head for "total" bankruptcy, the lenders will do anything to get some sort of return on their money. Don't panic and jump in now, the fee's are hugely excessive and 1,999 pounds to arrange a 2 year mortgage is a RIP off of the first degree. That almost doubles the headline interest rate for 2 years. Do they think we are that stupid and don't notice! As financial amageddon approaches rates will continue to fall so the lenders can continue to survive!


Parliamentary Yearbook Shares: Banks know that their mortgage loan book is over valued and every month house prices drop the the larger their debit becomes.
Banks know they are living on borrowed time before the market starts.
Banks are trying always to sucker us in to get the housing market moving.
First time buyers control the market and the longer they hold out the cheaper property will become.
Look at the small print before signing any offer put on the table by the banks as they give you nothing!!!


Parliamentary information office for more valuable news.

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