Edeus lender
Author
Discussion

xllifts

Original Poster:

3,724 posts

233 months

Friday 10th October 2008
quotequote all
Another lender hits the wall only this one specialised in buy to let mortgages.

Just my luck i have a couple of properties through them. bks!

anonymous-user

84 months

Friday 10th October 2008
quotequote all
Ouch!frown

john_p

7,073 posts

280 months

Friday 10th October 2008
quotequote all
It's ok, that means they'll just write the loan off. smile

xllifts

Original Poster:

3,724 posts

233 months

Friday 10th October 2008
quotequote all
john_p said:
It's ok, that means they'll just write the loan off. smile
I wish they will probably sell it to some Rusky Banking corp and rape me for interest frown

scotal

8,751 posts

309 months

Friday 10th October 2008
quotequote all
xllifts said:
Another lender hits the wall only this one specialised in buy to let mortgages.

Just my luck i have a couple of properties through them. bks!
Edeus was set up by ex executives from BM solutions (HBOS) to specialise in BTL and subprime< they were offerig discounts to borrower who remortgaged away fromthem< did you not get that letter?

xllifts

Original Poster:

3,724 posts

233 months

Friday 10th October 2008
quotequote all
scotal said:
xllifts said:
Another lender hits the wall only this one specialised in buy to let mortgages.

Just my luck i have a couple of properties through them. bks!
Edeus was set up by ex executives from BM solutions (HBOS) to specialise in BTL and subprime< they were offerig discounts to borrower who remortgaged away fromthem< did you not get that letter?
No got mortgage after the event unfortunatley, but that said i think it will be the same with most subprime and commercial mortgages soon.

This is going to get far worse than everyone thinks ,look around at the new builds most around here are desserted part built sites, a sure sign that we are in for a long rough ride!