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The Problem:
Banks would have you believe that securitisation (the process of bundling mortgages and
selling the interests/benefits in those mortgages to a third party) exists to improve liquidity
(cash flow).
The truth is, the Banks are profiting in ways that you, the customer, could never dream of.
If you're serious about understanding the issues with your mortgage - we suggest:
You attend the Mortgage Destroyer Webinar (available from the ToolBox), and
You attend the November 2015 Mortgage Seminar (also available from the ToolBox)
Once you've watched the Legal Challenge video series (which follows this Module).
The Mortgage Securitisation Legal Challenge is just one of four ways in which you can
potentially reduce your mortgage commitments, and or the total amount outstanding.
disclose everything to you, the customer, up front, and gain your agreement, either up
front, or
immediately prior to any proposed transfer/sale/assignment, and either ask you to:
enter into a new legally binding contract with the purchaser (an SPV) of
'interests/benefits' in your mortgage, OR
enter into a legally binding contract with the purchaser (an SPV), on your behalf,
as you, (under power of attorney),
which explains why there is generally a hidden power of attorney clause (or
equivalent), in the conditions-booklet of most mortgage products!
in any event, the new owner of the interests/benefits MUST appear, in place of the
Bank, as a charge against the property title, administered by Land Registry,
however;
in order for the power of attorney to be valid, it must have been granted to
the bank by way of deed, executed in accordance with the Power of
Attorney Act 1971, and in most cases, it would appear this is not the case,
which means
you may not have any obligation to pay the original Bank, AND;
there may not be a valid contract with the new purchaser (SPV),
AND OR
the new purchaser (SPV) may not be able to enforce a claim against you, the
customer.
It is important for you to understand that the Legal Challenge, focuses on just one facet of
the overall mortgage relationship.
Whilst the Legal Challenge is ground breaking, and might best be handed by a legal
professional, the other methods of "attack" explained in the Mortgage Destroyer Webinar,
could easily be used put into effect by anyone: hence our reasons for emphasizing the
importance (nay - necessity), for self learning.
If the Banks have caught you out once, twice, three times, or more, then surely it's about time
you learn how it works.
The reality is that mortgage customers can expect to pay back around three (3) times the
amount borrowed during a typical 25 year repayment term. Thus, any opportunity to reduce
that burden is MASSIVE NEWS, and potentially has massive immediate and knock on
implications.
For example, a £200,000.00 mortgage could be reduced to just £60,000.00, and this means
that you, the mortgage customer can potentially:
This is not only GREAT NEWS for you the customer: it's also GREAT NEWS for the economy at
large because:
additional tax revenue for the government (from VAT and such like), which means:
there are potentially vast sums of unpaid stamp duty also due to the Tax-Man in
relation to the unregistered transfers of property, and best of all:
none of this risks the economy, because the banks have already been paid!
All in all, we believe this Legal Challenge will force the Banks to be more transparent:
something the Regulations required of them in the FIRST PLACE!
Please ensure you watch the whole Legal Challenge series of videos BEFORE you make your
decision to SIGN UP.
To make a Claim Click Here and then click on the female cartoon character at the foot of your
screen "Elizabeth". She'll guide you through the next steps....
A Mortgage Securitisation Claim (MSC) costs £1.00 when you use the WAIVER CODE
"YAYC100"
Your Name
Big love
Mark As Complete
Post Comment
danielwarduk1982
Hello, are there any plans to claim against settled or old securities/mortgages that were/are
still securitised.
REPLY
Mark & on
Simon Feb
26
not that we know of - but once the results start hitting the news, you know what will happen
- solicitors will be clambering to take on cases past and present x
REPLY
danielwarduk1982
Like you say it'll make PPI look insignificant in comparison, simply the single biggest shift in
financial history.
REPLY
Steve on
Oct
27,
2020
Found the process through Legal Quest very easy and straight forward. Just waiting to hear
now for news on what happens next
REPLY
Instructor
Simon, began his working life with Messrs. Coutts & Co, bankers to the Queen. During a
career which has, thus far, spanned 31 years, Simon has served time as a Bank Manager,
Financial Adviser, and General Manager of a major UK Broking Firm, which later became
London Scottish Broking. A Certified Mortgage Specialist, Simon set up his own broking firms
in late 2002...
Instructor
Mark is a multiple best selling author on food, health and business. He has had decades of
experience in natural health and is an outspoken advocate of natural nutrition and drug free
living. He's also the founder and executive editor of Low Carb Mag
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