Yorkshire Puddings Sticking

How to Avoid Paying Bank Continue to Lose

It is quite debatable, experts admit. What nobody doubts is that thanks to the English system of guarantees, more people have gained access to a mortgage loan and, above all, at a reasonable cost (understood as interest rates and not the price of housing).
of succumbing to the rules that apply in other markets like the U.S. where the supply of floor assumes liquidation of the debt, the credit would be more expensive and more demanding.

then consulted experts conclude that despite a very sensitive problem solving for the population, would have prevented the purchase of home at a hefty majority.
So there is scope to undertake some reform of existing legislation without generating loud gasps? No doubt. Unfair

and interest for late
From the Association of Registrars of insured property should be studied some initiatives to improve the position of consumers aware that they all have pros and cons, as recognized by Luis Fernandez del Pozo. One of the recommendations of this body is the urgent implementation of a formal system of electronic auctions of properties with mortgage . Would on a platform that could guarantee access to all remote bidders whose bids would be transmitted through the web. This platform would help prevent the auctions were deserted as they call their illegal loggers (those that are only announced through edicts).
But also to introduce the benefits of new technologies, registrars do not hide it in the auction there is room for improvement. For example, today it is possible that the bank stay a home at auction for 50% of the appraised value, the band after a third party for a much higher price, yet, execution can continue claiming to pay you for the rest of the debt that resulted in the price obtained on the allotment.

Luis Fernandez del Pozo admits that there are mechanisms to avoid situations like this, such as raising the percentage of allotment of the 50% to 75% of the appraised value, promote the updating of appraisals during the foreclosure process or prohibit the bank to continue going against the debtor if the damage has been able to recoup by selling the house to a third party in excess.

Another possible initiative put forward by the registry is to study the prohibition of certain committees to be considered hateful or set a ceiling amount for further and restrict by law the interest on arrears. It could open a debate on whether or not they wished to promote a law that puts an end to the arrangement fees, early termination, novation or study, among others. In parallel, the experts also believe it is necessary to "limit the abusive impact of certain provisions."

Among these, the early maturity is sometimes applied for non-payment of one fee, which could soften. In fact, to curb the discrepancies that generates the small print of these contracts end up in court, registrars are committed to the "preventive control unfair terms "preventing their access to the registry.
source: cincodias.com