Currently viewing the tag: "borrow money"
Mortgage Lenders Worried Help-To-Buy Will Distort UK Property Market

Mortgage Lenders Worried Help-To-Buy Will Distort UK Property Market

Help-To-Buy Controversy Continues

The latest figures released by the popular property finding portal, Rightmove.co.uk coincide with the news that UK based mortgage lenders are worried that the second phase of the Government’s Help-To-Buy scheme risks distorting the true health of the UK property market.

The British Bankers Association (BBA) is a governing body that represents all the banks that are currently participating in the scheme including those who are planning to participate in it in the future, has called for Government clarification on the proposed exit strategy from the Help-To-Buy scheme, according to a report in the Daily Telegraph.The news comes just 2 weeks before the Chancellor of the Exchequer, George Osborne’s Autumn Statement on 5th December.

In a submission to HM Treasury, the BBA said, “Some members of the BBA are participating in the Government’s Help-To-Buy scheme, but further clarification is needed on exit strategies.”

Mortgage applications worth £365 Million (GBP) have been received since the second phase of the Help-To-Buy scheme was launched on 1st October 2013, to help aspiring home buyers get a foot on the property ladder.

The Royal Bank of Scotland, NatWest, Halifax and Bank of Scotland started offering residential mortgages under the umbrella of the Help-To-Buy scheme last month and mortgage lenders representing most of the UK mortgage market have confirmed they will eventually come on board, in order to capture a share of the market.

The Government initiative makes it easier for mainstream mortgage lenders to offer higher value mortgages with deposits as low as 5% by removing some of the risk they would face if the borrower defaults on repayments, because the mortgage products are underwritten by the Government as Spotlight has previously reported.

The Government are very happy to be underwriting Help-To-Buy mortgages because they are listed as a second charge on the mortgage, increasing the Governments property assets, allowing them to borrow money against their portion of the residential properties purchased under the Help-To-Buy scheme.

At least property investors enter the property market with an exit strategy in mind, but the Government have yet to reveal how they intend to exit from the property market when the scheme ends. No wonder mortgage companies are worried!

 

Reena Malra - Queen of Lease Options

Reena Malra – Queen of Lease Options

Look How Much Reena Malra’s
Property Students Are Making!

This is a reminder, for property investors who want to ensure success in UK property investment, about the upcoming live property master class, Lease Options Vs Installment contracts hosted by our friend and leading creative strategist, Reena Malra.

Reena DOESN’T do courses, so you won’t be able to learn this stuff in a book!
She will only be revealing these golden nuggets of profit-pulling information during her live 1-day event, so if you miss out now, you’ll miss out forever.

The live 1-day Lease Options Vs Installment Contracts master class, will be where Reena will be revealing how YOU can make thousands of pounds each and every month from UK property, when…

  • YOU DON’T NEED a mortgage…
  • YOU DON’T NEED to borrow any money…
  • YOU DON’T NEED to put down a deposit…
  • YOU DON’T NEED any credit checks, and…
  • YOU DON’T NEED any experience whatsoever!

That’s right, you don’t need any experience of property in order to start doing this.

And that’s because Reena is going to teach a select group of lucky entrepreneurs the top-secret creative strategies that she has used to go from redundancy to self-made millionaire in just a few short years – and exactly what you need to do to replicate her success!

In fact, during this hugely anticipated one-day property master class, Reena is going to show you…

  • Why NOW is the perfect time to build a property portfolio! (The property industry has been completely revolutionised in the last few years thanks to the arrival of strategies like lease options and instalment contracts (exchange with delayed completion). The truth is, anyone (including you) can now build a massively profitable property empire without the need for a mortgage, deposit, good credit rating, or any previous experience whatsoever!).
  • How each and every property deal you do can bank you anywhere from £10,000 to a whopping £100,000+! (Many of my students are now able to bank thousands of pounds in “up-front” payments within just a few weeks of discovering these strategies, as well as monthly recurring payments and huge lump sums on the back-end too!).
  • Exactly where to go to find red-hot, insanely profitable deals! (Whether you’re a complete novice or a seasoned investor, you’ll be told exactly where you need to go to find the most lucrative deals that will generate a positive cash flow for many years to come!).
  • How to structure deals with no money down and virtually no risk to you, yet still bank massive profits. (Not only will you be shown where to find the best deals, you’ll also be shown how to structure them properly for maximum returns, WITHOUT risking any of your own cash!)
  • Enjoy something that very few people ever get to experience in their entire lives – complete financial freedom! (Yes, when you’re making a 5-figure a month passive income from property, you’ll finally be able to start living your life, and you won’t need to worry about money ever again!).
  • Quit your day job in a matter of months and start living your life! (When you see just how easy it really is to make huge amounts of money buying, controlling and trading property, your 9-5 wage slave existence will be well and truly over!) 

Now, I hope you don’t mind us posting about this again, but we don’t want you to miss out on this because it’s going to be a truly mind-blowing day, we promise you!

Reena has already taught these two “creative strategies” to many of her students who are now using them to build up their own property empires and bank 5-figures a month in recurring income…

In fact, many of them have already achieved some spectacular results, which you can see for yourself right here!

And now it’s YOUR turn to do exactly the same thing…

Book your place right now because when we spoke to Reena earlier today and there were very limited seats remaining for both days, and they won’t be free for long.

So if you want to find out how to start your very own property empire, without any of the costs, hassles and hard work normally associated with property investing, then we urge you to go here right now, before it’s too late

Reena Malra - Lease Options Vs Installment Contracts 1 Day Event

Reena Malra – Lease Options Vs Installment Contracts 1 Day Event

By the way, because we are friend’s of Reena’s, we’ve managed to secure a special bonus for you as well.
Just input “MPPT” in the “Who referred you?” box on the order page, and Reena will present you with your free bonus on the day of the event!

Book your seat & lock in your free bonus
Click here now

Reena Malra Can Show You How To Make 5 Figures A Month From UK Property!

Reena Malra Can Show You How To Make 5 Figures A Month From UK Property!

Here’s How To Make 5 Figures A Month From UK Property

Let me ask you a quick question…

Would you like to discover how to make a 5 figure monthly income from the UK Property market…

  •   WITHOUT having to take out a mortgage
  •   WITHOUT needing to pay any kind of deposit
  •   WITHOUT having to borrow any money, and…
  •   WITHOUT the need for even a simple credit check?

Oh, and I almost forgot…

WITHOUT the need for ANY experience whatsoever?

You would?!

Then you can find out how to do it yourself right here

Our friend Reena Malra – the self-made property millionaire and leading creative strategist, has been helping people just like you to make a 5-figure income each and every month using her secret underground creative strategies – with some truly spectacular results!

Take a look for yourself here:

But crucially for you, she’s now opening up the doors for a select few attendees only!

Continue reading »

There Will Never Be A Better Time To Invest In Property

MyPropertyPowerTeam.co.uk helps property investors and landlords build their own property power team to enable them to profit from property - Visit our main site now!