MSE News: Buy-to-let borrowers hit by West Brom mortgage hike

rate_hike

Lewis_Ranieri wrote: »

Rate - may I suggest you take a hike. I'm not interested.

Yep no problem,

Lewis_Ranieri

J Edgar at work on Skipton 118...............

Ed claims to incentivise early adopters the fee to cover administration and MARKETING will be set an intentionally low level i.e. £250


Once the "Countdown" period (whatever that is - sounds like the lottery to me) begins the administration fee will increase to £600 per affected mortgage account. Therefore Ed claims, if you are affected (if you are not now you certainly will be) you are advised to get in quickly and support the campaign by encouraging other affected borrowers to join too. (Before the WBMC hits the can in other words)


The entire funding model for this legal action is geared to attract and reward (with relieving them of £250, sounds like points make prizes) early victims and give them an incentive to promote awareness of the legal action Edgar claims......


So Edgar, enlighten us with your marketing skills, how is someone rewarded for handing over £250?


Last time I looked at credits and debits on a Bank Balance sheet when £250 disappears I would not call that very rewarding?


Oh sorry, forgot that's an accounting/banking question, you don't do those.


Are we painting a picture here campers?

Lewis_Ranieri

Mike


it's not for me to suggest what you should do, my position is clear, you can either take the information and research it yourself, or go with the flock without asking questions.

Bi_Toulet

Lewis_Ranieri wrote: »

Mike


it's not for me to suggest what you should do, my position is clear, you can either take the information and research it yourself, or go with the flock without asking questions.

I suspect Mike is taking the mickey, but just to be on the safe side read Stephens ridiculous post on page11. Suddenly everything will be clear. :rotfl::rotfl::rotfl:

Thrugelmir

No wonder Property118 are suggesting locking their thread. This is no better than a kids playground. Totally pathetic.

I'll suggest that this thread is moved to the MoneySaversArms as adds no value to this forum.

Bi_Toulet

Lewis_Ranieri wrote: »

J Edgar at work on Skipton 118...............

Ed claims to incentivise early adopters the fee to cover administration and MARKETING will be set an intentionally low level i.e. £250


Once the "Countdown" period (whatever that is - sounds like the lottery to me) begins the administration fee will increase to £600 per affected mortgage account. Therefore Ed claims, if you are affected (if you are not now you certainly will be) you are advised to get in quickly and support the campaign by encouraging other affected borrowers to join too. (Before the WBMC hits the can in other words)


The entire funding model for this legal action is geared to attract and reward (with relieving them of £250, sounds like points make prizes) early victims and give them an incentive to promote awareness of the legal action Edgar claims......


So Edgar, enlighten us with your marketing skills, how is someone rewarded for handing over £250?


Last time I looked at credits and debits on a Bank Balance sheet when £250 disappears I would not call that very rewarding?


Oh sorry, forgot that's an accounting/banking question, you don't do those.


Are we painting a picture here campers?

Are you really that dense? seriously?

If people want to join the fight there is a cost. Simple.
If they don't want to join there is not a cost, Simple.


I know your business acumen is poor but surely you can understand that.

Bi_Toulet

Thrugelmir wrote: »

No wonder Property118 are suggesting locking their thread. This is no better than a kids playground. Totally pathetic.

I'll suggest that this thread is moved to the MoneySaversArms as adds no value to this forum.

I agree, but it's not as easy as that. I've tried.

BeetrootMike

Lewis_Ranieri wrote: »

Mike


it's not for me to suggest what you should do, my position is clear, you can either take the information and research it yourself, or go with the flock without asking questions.

Oh dear, not much help then. I fear I may have upset you, made you angry with some of my previous comments. You can hardly blame me though can you? You do get very angry very easily and you do tend to lash out at people who think you're mad.

Never mind, maybe we can try over. Maybe, I'll re-register with new details and a brand new name and maybe I'll take you up on your offer of a Skype chat next time. Maybe you'll tell me more then?

Hope that doesn't increase you paranoia. Not before we had a chat and exchanged views on POA. In the meantime to help you feel secure I'll stay on here too. It will look like someone's actually listening to you and I know that's what makes you happy.

Lewis_Ranieri

Bi ToyLet/118 owner/J Edgar Hoover


you have no idea who I am apart from a few red herrings you were thrown which you are now regurgitating.


Who I am is irrelevant, the technical information I provide and how I expose you for your marketing spin and lack of Banking knowledge is of more relevance to Mortgagors parting with money in a Dead End Claim.


Mortgagors are interested in the truth and why WBMC think they can get away with hiking rates.


Until you are honest with Mortgagors that you know nothing about what really lies behind Banking and Power of Attorney, more victims will place their hopes and financial security in most cases in a black hole. That is my concern.


Not only that when WBMC walk straight through you, the Banks will use it as a stick to bash Mortgagors with even higher rates on the back of your failure.


My interest is firmly with Mortgagors.

Bi_Toulet

Lewis_Ranieri wrote: »

Bi ToyLet/118 owner/J Edgar Hoover


you have no idea who I am apart from a few red herrings you were thrown which you are now regurgitating.


Who I am is irrelevant, the technical information I provide and how I expose you for your marketing spin and lack of Banking knowledge is of more relevance to Mortgagors parting with money in a Dead End Claim.


Mortgagors are interested in the truth and why WBMC think they can get away with hiking rates.


Until you are honest with Mortgagors that you know nothing about what really lies behind Banking and Power of Attorney, more victims will place their hopes and financial security in most cases in a black hole. That is my concern.


Not only that when WBMC walk straight through you, the Banks will use it as a stick to bash Mortgagors with even higher rates on the back of your failure.


My interest is firmly with Mortgagors.

Stephen... get ready..

I KNOW NOTHING ABOUT WHAT REALLY LIES BEHIND BANKING AND POWER OF ATTORNEY.

Ok Back to you...