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Redstone mortgages
sarkin1
Posts: 283 Forumite
Has anyone heard of them before, just had an enquiry off my website and googled the company name and no website?
:cool:
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Comments
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Subprime company, don't think they're trading any more.0
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I guessed they were sub prime do you have any info on them?:cool:
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Colleague of mine thinks they were some kind of debt collection for Preferred.0
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Hi,
Redstone are a a company that some lenders sell their books to. They are a non conforming lender, but as with any lender, pay the mortgage on time and you should not have too many problems.
Lots of people have major problems with them, but then the people I talk to are in arrears with them!!!
Regards
SiI am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Take advice with a pinch of sea salt!0 -
further to Andy's comment,
Beacon sell theie mortgagres onto them more or less after completion. Preferred I think as Andy said do the samen. SPML use Redstone, sometimes I get them confused!!I am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Take advice with a pinch of sea salt!0 -
Hi
SPML use Capstone Mortgage Services. I am unfortunately with them.0 -
Hi
SPML use Capstone Mortgage Services. I am unfortunately with them.
Capstone are a mortgage servicing company to the best of my knowledge, owned by Lehman Brothers (the owner of the now defunct brands of Preferred and SPML). They may well not still own your mortgage, which was probably securitised or sold on straight after you took it out.0 -
midge61,
As I have mentioned, i am sure they are a run of the mill lender if you do not breach the agreement you have with them.
A lot of lenders, whether justifiably or not, are pigeon-holed as being quite tough lenders. Quite simply, pay the mortgage and they will leave you alone!!!
SiI am a Mortgage AdviserYou should note that this site doesn't check my status as a mortgage Adviser, so you need to take my word for it. This signature is here as I follow MSE's Mortgage Adviser Code of Conduct. Take advice with a pinch of sea salt!0
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