Wrong Housing, Wrong Investment and Bad Mortgage Lending

Thamesmead encapsulates a lot of what has gone wrong with housing over the years – from poor local planning, to bad mortgage lending to yet worse property investment decisions by amateur investors says David Lawrenson of www.LettingFocus.com A few weeks’ ago I had cause to visit Thamesmead where my boy was playing in a kids’ football match. I mention the […]

Read more

Mortgage Fraud and Below Market Value Property Plenty of Scams About

Though I try very hard to make sure I’m not on mailing lists for the “Buy Property Below Market Value with None of Your Own Money Down” brigade, I still get the odd email coming through. Naturally, once you are on one mailing list, you quickly end up on lots of others – most of them flogging the same “Get […]

Read more

Mortgage Fraud Buy to Let Lending and Property Clubs

My blog post last week (about what mortgage companies could do to support landlords more), generated 27 emails from managers at buy to let mortgage lenders and ten from landlords. One aspect that I referred to, in passing, was how the mortgage lenders had been “behind the play” in terms of understanding how bad buy to let mortgage lending and […]

Read more

Mortgage Fraud and Buy to Let

I’m sad to say that at some recent events I have been to, quite a few punters came to me with pretty strong evidence that some property investment “advisors” are still encouraging people to carry out mortgage frauds as a way of buying property with little or no money down (NMD) and / or as part of a “buying below […]

Read more

Same Day Mortgages, Property Lease Options and Protected Bonds That Aren’t Really Protected

It was nice to see my story about next day re-mortgages (see last week’s blog) was picked up by the FT writer Claer Barrett and actually appeared on both the front page and Money section of the Weekend “Financial Times.” Ms Barrett originally came to know me when she was doing an investigation for the FT’s sister mag, “The Investors […]

Read more