Cautionary Tales

Mortgage Express / UKAR calling in instant remortgages...
I am aware of two Mortgage Express / UKAR borrowers who received a letter this weekend calling in their loans, an extract of the letters, which are both identical, can be found below. In both cases...

Landlords urged to be vigilant for tenants cultivating...
UK landlords are being warned to be vigilant towards tenants cultivating cannabis in their properties.
Figures from the Office for National Statistics (ONS) revealed that police seized over 400,000...

Evicting tenants just to break a contract with a letting...
I was talking to Tony Sheldon at LettingSupermarket.com this morning about the increasing number of landlords who are being forced into evicting perfect tenants as the only way to get out of a...

Extortionate court fee increases will impact landlords...
Landlord Action has lambasted Government plans to increase court fees as “extortionate”. The planned changes will take effect from 22nd April 2014, where fees for possession claims will see one...

Skipton Building Society Legal Action...
In 2010 the Skipton Building Society broke a promise to over 60,000 mortgage account holders.
The basis of that promise was that their mortgage rate would never exceed 3% over the Bank of England...

Mortgage Express UKAR LPA Receivership...
It has come to our attention that Mortgage Express (now UKAR – UK Asset Resolution) have recently been appointing LPA receivers with no apparent justification.
Previously we had heard of LPA...

London Housing Solutions Rips off Landlords and LHA...
This report from Channel 4 investigates London Housing Solutions, a Rent to Rent company which is believed to have ripped off over 100 landlords for more than £400,000.
Advice from Property118 is...

Property118 Members vs West Bromwich Mortgage Company...
UPDATE – 31st March 2014
Since publishing this article our campaign has raised over £450,000 and legal action has now commenced. The official closing date for borrowers to be represented in...

Contra proferentem mortgage conditions...
Unless you are a qualified contracts lawyer who has also studied Latin you will probably not have a clue as to how contra proferentem mortgage conditions affect you. I have spent the last two weeks...

ACT NOW to protect the margin on your YOUR tracker mortgage...
If you have a tracker mortgage you may be forgiven for thinking that your mortgage payments will only change when the base rate changes.
Just suppose you open your post one day to find that your...