Comments for Properties for London - Estate Agents - Services Offices - Office Space - Mortgages Remortgages - Sale Let - Houses Apartments Flats Commercial - Marylebone, Mayfair & West End http://propertiesforlondon.co.uk Everything and Anything About the London Property Market in Mayfair, Marylebone, Fitzrovia and the West End- Serviced Offices-Office Space Sun, 06 Dec 2009 15:21:33 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on Dirty Trick by Mortgage Lenders by Paul http://propertiesforlondon.co.uk/2009/04/14/dirty-trick-by-mortgage-lenders/comment-page-1/#comment-3447 Paul Sun, 06 Dec 2009 15:21:33 +0000 http://propertiesforlondon.co.uk/?p=443#comment-3447 get this ... we own a 7 bedroom Gorgian mansion and also an ajoining property next door . Total value £ 1.3M , plus we have £ 90k in savings plus assets like cars & jewelry etc . We applied to HALIFAX to borrow on £ 100k .. we of course passed all credit checks etc and then we paid £ 600 for their valuers ( COLLEYS Ltd. ) to do a valuation. Their report assessed our house as 4 bedrooms and only worth £800k. The next day we had our own valuation done it surprise , surprise it was £ 1.2M !! Then Halifax refused our mortgage stating they never lend against property adjoining an small commercial office !! Even though we own next door ourselves !!! They are all one BIG RIP OFF ... !! get this … we own a 7 bedroom Gorgian mansion and also an ajoining property next door . Total value £ 1.3M , plus we have £ 90k in savings plus assets like cars & jewelry etc . We applied to HALIFAX to borrow on £ 100k .. we of course passed all credit checks etc and then we paid £ 600 for their valuers ( COLLEYS Ltd. ) to do a valuation. Their report assessed our house as 4 bedrooms and only worth £800k. The next day we had our own valuation done it surprise , surprise it was £ 1.2M !! Then Halifax refused our mortgage stating they never lend against property adjoining an small commercial office !! Even though we own next door ourselves !!! They are all one BIG RIP OFF … !!

]]> Comment on W.A.Ellis by ALAA ELSAYED http://propertiesforlondon.co.uk/2009/11/06/w-a-ellis/comment-page-1/#comment-3274 ALAA ELSAYED Mon, 09 Nov 2009 11:54:16 +0000 http://propertiesforlondon.co.uk/?p=813#comment-3274 LOOKING FOR A ONE OR TWO BEDROOM APPARTMENT CENTRAL LONDON PREFFERABLY OVERLOOKING HYDEPARK LOOKING FOR A ONE OR TWO BEDROOM APPARTMENT CENTRAL LONDON PREFFERABLY OVERLOOKING HYDEPARK

]]> Comment on BB Design House by admin http://propertiesforlondon.co.uk/2009/07/29/bb-design/comment-page-1/#comment-3017 admin Tue, 06 Oct 2009 16:49:36 +0000 http://propertiesforlondon.co.uk/?p=621#comment-3017 Please go to the BB design website and you can find pictures Please go to the BB design website and you can find pictures

]]> Comment on Mortgage Fraud in the UK by Rashid Haq http://propertiesforlondon.co.uk/2009/08/31/mortgage-fraud-in-the-uk/comment-page-1/#comment-2943 Rashid Haq Wed, 23 Sep 2009 21:51:20 +0000 http://propertiesforlondon.co.uk/?p=739#comment-2943 Can anyone help me. I bought a riverside property in Thamesmead, SE London that I am certain was one which had the price overinflated by the developer Fairclough Homes (now Miller Homes) in 2005. I am seeking legal action but need to gather more information. If anyone has had similar experience in the same development/area please let me know. Can anyone help me. I bought a riverside property in Thamesmead, SE London that I am certain was one which had the price overinflated by the developer Fairclough Homes (now Miller Homes) in 2005. I am seeking legal action but need to gather more information. If anyone has had similar experience in the same development/area please let me know.

]]> Comment on Properties in London renting is all the rage by Oliver Darraugh http://propertiesforlondon.co.uk/2009/07/03/properties-in-london-renting-is-all-the-rage/comment-page-1/#comment-2568 Oliver Darraugh Thu, 06 Aug 2009 03:58:02 +0000 http://propertiesforlondon.co.uk/?p=605#comment-2568 From 1st July 2009 any company offering a sell and rent back scheme will have just 1 month in which to submit an interim permission application to be able to continue on in business. Any sell and rent back company will need to prove they meet the minimum standards and will have to offer a <a href="http://www.rentbackmyproperty.co.uk/" rel="nofollow">regulated sell and rent back</a> scheme. The FSA will ensure that those selling this way are treated fairly and that they clearly understand the scheme. From 1st July 2009 any company offering a sell and rent back scheme will have just 1 month in which to submit an interim permission application to be able to continue on in business. Any sell and rent back company will need to prove they meet the minimum standards and will have to offer a regulated sell and rent back scheme. The FSA will ensure that those selling this way are treated fairly and that they clearly understand the scheme.

]]> Comment on Dirty Trick by Mortgage Lenders by Tish http://propertiesforlondon.co.uk/2009/04/14/dirty-trick-by-mortgage-lenders/comment-page-1/#comment-2550 Tish Sat, 01 Aug 2009 11:17:10 +0000 http://propertiesforlondon.co.uk/?p=443#comment-2550 this is interesting to read. HSBC have just offered me 3.24%, (this rate ended yesterday, and I got in just in time) But its dependent on a valuation that will have to show I have max 75% LTV I have to pay non-refundable 192 pounds for this valuation, but they say they won't even tell me what it comes out at - only if its above or below 75% If its above 75% then they will offer me an alternative.... So if their valuer is stingy about the value of my house, then this looks like a cheeky way for them to get 192 out of me. The next best offer available to me, will cost me an extra 2 grand over 2 years, if i take into account all fees and interest, so now i'm trying to decide whether to risk 192 pounds to save 2 grand. There's not much information to help me decide on the odds for this risk any ideas anyone? Tish this is interesting to read.

HSBC have just offered me 3.24%, (this rate ended yesterday, and I got in just in time)

But its dependent on a valuation that will have to show I have max 75% LTV

I have to pay non-refundable 192 pounds for this valuation, but they say they won’t even tell me what it comes out at – only if its above or below 75%

If its above 75% then they will offer me an alternative….

So if their valuer is stingy about the value of my house, then this looks like a cheeky way for them to get 192 out of me.

The next best offer available to me, will cost me an extra 2 grand over 2 years, if i take into account all fees and interest, so now i’m trying to decide whether to risk 192 pounds to save 2 grand. There’s not much information to help me decide on the odds for this risk

any ideas anyone?

Tish

]]> Comment on BB Design House by Sell House Fast Newcastle http://propertiesforlondon.co.uk/2009/07/29/bb-design/comment-page-1/#comment-2533 Sell House Fast Newcastle Wed, 29 Jul 2009 13:50:07 +0000 http://propertiesforlondon.co.uk/?p=621#comment-2533 Do you have any pics would love to see your work. Do you have any pics would love to see your work.

]]> Comment on Bargain property in London: flats for less than £175,000 by Sell House Fast http://propertiesforlondon.co.uk/2009/06/16/bargain-property-in-london-flats-for-less-than-175000/comment-page-1/#comment-2486 Sell House Fast Mon, 20 Jul 2009 13:03:38 +0000 http://propertiesforlondon.co.uk/?p=535#comment-2486 True enough. But it is nice to see that prices have come down enough perhaps for people who otherwise probably would never be able to contemplate buying a place in London. True enough. But it is nice to see that prices have come down enough perhaps for people who otherwise probably would never be able to contemplate buying a place in London.

]]> Comment on Royal Institute of Chartered Surveyors Property Survey by Tope Adefemiwa http://propertiesforlondon.co.uk/2009/07/14/royal-institute-of-chartered-surveyors-property-survey/comment-page-1/#comment-2480 Tope Adefemiwa Thu, 16 Jul 2009 16:36:16 +0000 http://propertiesforlondon.co.uk/?p=610#comment-2480 Sir, I really commend the good work you are doing.My name is Tope Adefemiwa. I am an Estate Agent practising in Nigeria.I am presently embarking on a project that I really need your support. I am compiling about 5,000 terms and terminologies in real estate with their meanig and where it can be used. i will be grateful if you can send me materials on this subject. Thanks. Sir, I really commend the good work you are doing.My name is Tope Adefemiwa. I am an Estate Agent practising in Nigeria.I am presently embarking on a project that I really need your support. I am compiling about 5,000 terms and terminologies in real estate with their meanig and where it can be used. i will be grateful if you can send me materials on this subject. Thanks.

]]> Comment on Dirty Trick by Mortgage Lenders by mdhelp http://propertiesforlondon.co.uk/2009/04/14/dirty-trick-by-mortgage-lenders/comment-page-1/#comment-2464 mdhelp Sat, 11 Jul 2009 21:51:45 +0000 http://propertiesforlondon.co.uk/?p=443#comment-2464 I don't understand the issue regarding repayment vehicle. Surely it is in the interest of the borrower to have a vehicle else the property will be repossesed at the end of the term. If the intention is to make overpayments then why not opt for the repayment mortgage allowing flexible payments? I don’t understand the issue regarding repayment vehicle. Surely it is in the interest of the borrower to have a vehicle else the property will be repossesed at the end of the term. If the intention is to make overpayments then why not opt for the repayment mortgage allowing flexible payments?

]]>