WISE MONEY » sub prime financing

Sterling gains at others expense

Dr Search- Principal Consultant at the Search Clinic — Wed, 21 Apr 2010 15:27:23 +0000

The Greek situation went from bad to worse yesterday with market talk of ever upwardly spiralling bail out costs leading to a rise in the country’s debt yields and CDS prices.

The 10 year bond yield broke above 8% for the first time since the Euro’s introduction yesterday and the 5 year CDS level has hit a new high of 476 this morning. With today’s belated start to the IMF/EU investigation likely to last anywhere from 10 to 14 days, there appears little likelihood of positive news over the next few days.

True, Greece managed to get away a tranche of 3 month bills into the market but this positive was tempered by the rate that they needed to pay to ensure success – approximately 2 1/2% higher than an equivalent German issue would cost.

The Euro has accordingly looked vulnerable, especially given that the US Dollar no longer appears to react negatively to positive economic/earnings data from the US. Expect more Euro downside as we approach the end of the month.

The Financial Times estimates that there is a 20% chance that Greece will default on it’s debt next year and join Argentina as a financial pariah.

Sterling has been the gainer amongst the ‘majors’, picking up against all the others. The ‘hung parliament’ issue is history for now and economic data has been buoyant.

British consumer price inflation (CPI) rose more than expected yesterday to 3.4% in March from 3% in February against a forecast of 3.2% meaning Mervyn King has yet another letter to write to the treasury. The news of higher inflation raises UK rate rise speculation with the Central Bank acting sooner rather than later although I feel that this interpretation is still tenuous.

Yesterday saw the Bank of Canada leave rates steady but come out with a bullish assessment of the economy going forward and as clear a hint as a Central Bank is able to produce, of a rate rise on the 1st June. The CAD surged back below parity to the USD and the AUD reacted in a similar way, strengthening against the US Dollar and testing record highs against the Euro. Both still feature highly in ‘best currencies to be in’ portfolios for the rest of 2010.

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A dark cloud hangs over Greece- and it’s not volcanic

Dr Search- Principal Consultant at the Search Clinic — Tue, 20 Apr 2010 09:48:37 +0000

With Iceland’s volcanic ash cloud causing the postponement of Greek officials planned meeting with the IMF yesterday, the Hellenic Republic will be back in the spotlight with a planned 3 month Treasury bill auction today.

Spreads between German and Greek bonds reached a Euro lifetime high on Monday, pushing Greece’s borrowing costs higher and prompting comments from Financier George Soros that Greece may face falling into a “death spiral” of recession and falling government revenues unless their borrowing costs start to fall.

Sterling fell yesterday across the board as new polls suggested a surge in support for Nick Cleggs Liberal Democrats, taking them to second place behind the Tories and ahead of Labour.

If these polls turn out to be mirrored at the election, the first past the post British electoral system would mean Labour would still be the largest party in parliament but to form a Government would need the support of the Lib Dems. Reform of this system is likely to be a condition that Nick Clegg would require before forming any coalition.

In America, the Securities and Exchange Commission announced on Friday that they would charge Goldman Sachs (GS) with mis stating and omitting facts relating to the marketing of subprime collateral debt obligations. GS share price fell 13% on the news and was followed by widespread weakness in other banking stocks leading to a bout of risk aversion and the corresponding rally in the dollar as investors moved back into safer havens.

On a positive note, Citibank announced strong first quarter results yesterday sending their shares higher and sparking rumours that the US may start to sell off it’s stake of the coming months.

On a busy day for central banks, the Reserve Bank of India raised rates by 0.25%. The move was widely expected with inflation running in double digits. The Central Banks of Canada and Sweden are also meeting today although both are expected to leave rates unchanged.

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Greece is focus of attention

Dr Search- Principal Consultant at the Search Clinic — Mon, 12 Apr 2010 13:30:02 +0000

In a weekend packed full of big european stories, Greece yet again dominates the news this morning.

Eurozone politicians clarified the details of up to €30 Billion in loans at 5%, significantly less than current market rates of 6.98% that will be made available to the Hellenic Republic.

Greek officials were quick to point out that there no plans to use the bailout money – with a planned auction of €1.2 billion of Government debt tomorrow. If, as is likely, there is weak demand or they fail to place the bonds, the Greeks will almost immediately have to go cap in hand to the Eurozone and IMF.

In the meantime, the euro has surged on the news, hitting 1.37 against the dollar and 1.1296 vs the Pound.

Terrible news for Poland over the weekend. Polish President Lech Kaczynski was killed along with a number of top Polish officials including the Central Bank Governor and army chief in a plane crash in western Russia on Saturday.

Although trading has been dominated by events on this side of the Atlantic, in the US on Friday US Stocks continued to rally and the positive data flow continued. Wholesale inventories rose 0.6% with January’s figure also revised upwards.

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Poor Credit Loans through Wise Money

Dr Search- Principal Consultant at the Search Clinic — Wed, 21 Oct 2009 12:00:00 +0000

Poor Credit Loans- are you suffering with a bad finance history? Have you been refused credit, or a loan because of problems in the past? If you have, or suspect you have been refused finance because of a bad ratings history, we can still help you.

A bad ratings history does not mean that you can’t get secured or unsecured finance. Every month literally 1000’s of people who have a poor history get granted additional finance by using us.

As long as you are employed and you are over 18, you can apply!

* All types of tenants
* Home owners
* From £500 to £25,000
* Finance is available even if you have CCJ’s, defaults, or a generally bad ratings history.

For UK finance seeekers looking for a fast online calculator POOR CREDIT LOANS please click here now

Being refused or having an impaired rating is nothing to be ashamed of and we won’t judge you either. We may still be able to arrange finance for you even if you’ve been turned down or refused many times.

A bad finance history is just that, history. So why not fill in our online form today for a free quotation and perhaps we can turn your past into a positive result.

You may need to arrange finance for a new car, a well-deserved holiday, home improvements, to pay school or university fees, or to pay off cards or an overdraft. Your finance can be for any purpose and your application will be processed quickly to ensure your monies are granted as soon as possible. Once your finance is are granted you are free to spend the money on anything you wish.

As long as you are employed and you are over 18, you can apply. Please contact us today for a free no obligation quote.

Our lenders provide some of the most competitive finances in the UK. So if you’re looking for a help and you’re a UK resident why not ask for a quote? We work with a number of different financial services providers. As a result we find that we are able to provide competitive rates and terms for a wide range of different personal circumstances.

Unsecured bad history finances are for people who have had problems in the past, and now have a less than perfect rating. An unsecured finance does not require you to use your property as a guarantee or security for the money either. As it is unsecured, the finance offers a little more flexibility to the borrower that does not wish to put their home at risk.

Who are unsecured impaired finances designed for?

Unsecured bad history finances are, in the first instance, best suited to those with an impaired history who do not wish to secure the finance against their property. In the second instance, an unsecured finance is often the only option for people or tenants who suffer with a bad history and have no property to secure the finance against.

Who can apply for unsecured finance?

The simple answer is anybody can apply for an unsecured finance, however in reality before an unsecured application can be processed your age and employment status are taken into consideration.

As long as you are employed and you are over 18, you can apply. Please contact us today for a free no obligation quote.

Please click here now to APPLY NOW online here now

The contents of this blog are for information purposes only. It is not intended as a recommendation to trade or a solicitation for funds. The Wise Money Blog cannot be held responsible for any loss or damages arising from any action taken following consideration of this information.

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Loan Calculator at Wise Money for self employed and people with bad credit histories

Dr Search- Principal Consultant at the Search Clinic — Wed, 07 Oct 2009 10:30:00 +0000

Loan Calculator at Wise Money for self employed and people with bad credit histories

Loan Calculator- You may want your loan for major home improvement work, a holiday, to pay school or university fees, to consolidate debts or to provide financial support for your children. Whatever you need to loan the extra money for we will be happy to listen.

Your loan can be for any purpose and once we have received your completed homeowner loan form your loan application will be processed quickly to ensure your secured homeowner loan is granted as soon as possible. Once your loan is granted you are free to spend your money on anything you wish.

Borrow £5,000 to £1,000,000
Borrow over 3 to 25 years
Simple, fast and straight forward
Free yourself from unwanted debts

For UK loans seekers looking for a fast online LOAN CALCULATOR APPLY NOW please click here now

For UK mortgage holders looking for a fast online mortgage calculator APPLY NOW please click here now

Being refused credit or having a bad credit rating is nothing to be ashamed of and we won’t judge you either.

We may still be able to arrange an unsecured bad credit loan for you even if you’ve been turned down or refused credit many times.

A bad credit history is just that, history. So why not fill in our online form today for a free unsecured bad credit loan quotation and perhaps we can turn your bad credit history into a positive result.

We specialise in helping those previously refused by other companies and high street lenders. Finance for tenants, homeowners, and anybody with bad credit or credit difficulties such as CCJs, defaults or mortgage arrears.

We even arrange loans for the self-employed and those who have difficulty in proving their income.

No matter what you need, experienced and friendly advisors will guide you every step of the way – so your loan application goes ahead quickly, easily and completely hassle free.

What is an unsecured bad credit home loan?

An unsecured bad credit loan is for people who have had problems in the past, and now have a less than perfect credit rating. An unsecured bad credit loan does not require you to use your property as a guarantee or security for the loan either. As it is unsecured, the loan offers a little more flexibility to the borrower that does not wish to put their home at risk.

Who are the loans for?

Loans are in the first instance, best suited to those with a bad credit history who do not wish to secure the loan against their property. In the second instance, an unsecured bad credit loan is often the only option for people or tenants who suffer with a bad credit history and have no property to secure the loan against.

Who can apply for a loan?

The simple answer is anybody can apply for an unsecured bad credit loan, however in reality before an application can be processed your age and employment status are taken into consideration.

You may need to arrange finance for a new car
, a well-deserved holiday, home improvements, to pay school or university fees, or to pay off credit cards or an overdraft.

Your finance can be for any purpose and your application will be processed quickly to ensure your monies are granted as soon as possible. Once your loans are granted you are free to spend the money on anything you wish.

As long as you are employed and you are over 18, you can apply. Please contact us today for a free no obligation quote.

Our lenders provide some of the most competitive finances in the UK. So if you’re looking for a help and you’re a UK resident why not ask for a quote?

At Wise Money we work with a number of different financial services providers. As a result we find that we are able to provide competitive rates and terms for a wide range of different personal circumstances.

You can choose between a secured or an unsecured credit and it can be for any purpose. All we ask is that you can meet the monthly repayments and that you’re a UK resident.

You can expect a prompt and efficient service. An in-principle decision will be made as soon as possible and once yourapplication has been fully processed your money is made available to you as quickly as possible which you are then free to spend as you wish.

Please click here now to APPLY NOW online here now

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International Finance and Mortgages- through Wise Money

Dr Search- Principal Consultant at the Search Clinic — Fri, 02 Oct 2009 08:24:00 +0000

International Finance and Mortgages- through Wise Money?

The UK’s leading overseas mortgage specialist can help you find the finance for your property abroad, and make the process as safe and as hassle-free as possible.

We have helped thousands of people to arrange their mortgages in over 45 countries by working closely with overseas lenders and property professionals helping you to buy your property, whether this is for your own personal use or for investment purposes. Our experienced teams of specialists ensure that every step of arranging your mortgage is handled promptly, efficiently and professionally. Fully independent, we can give you a free pre-application mortgage calculation to help in your search for a property.

. 1,000′s of independent financial advisers, mortgage specialists, agents and developers worldwide benefit from using our services
. New countries continually added to mortgage portfolio
. In-depth local knowledge of all documentation required for various lenders, leading to faster mortgage offers. Use of extensive database of all relevant professionals, such as lawyers, surveyors, currency exchange and offshore company formation experts
. Competitive and exclusive lending terms
. Partnerships with expert companies that can support every step of the overseas property purchase

For more information on finances in your chosen country and to find out how much you can borrow, please explore the links below:

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Impaired Credit Loans through Wise Money

Dr Search- Principal Consultant at the Search Clinic — Thu, 01 Oct 2009 13:22:00 +0000

Impaired Credit Loans- are you suffering with a poor finance history?

Have you been refused credit, or a loan because of problems in the past? If you have, or suspect you have been refused finance because of a bad ratings history, we can still help you. A bad ratings history does not mean that you can’t get secured or unsecured finance. Every month literally 1000’s of people who have a poor history get granted additional finance by using us.

As long as you are employed and you are over 18, you can apply! * All types of tenants
* Home owners
* From £500 to £25,000
* Finance is available even if you have CCJ’s, defaults, or a generally bad ratings history.

For UK finance seeekers looking for a fast online calculator APPLY NOW please click here now

Being refused or having a poor rating is nothing to be ashamed of and we won’t judge you either. We may still be able to arrange finance for you even if you’ve been turned down or refused many times.

A poor finance history is just that, history. So why not fill in our online form today for a free quotation and perhaps we can turn your past into a positive result.

As long as you are employed and you are over 18, you can apply. Please contact us today for a free no obligation quote.

Unsecured poor history finances are for people who have had problems in the past, and now have a less than perfect rating. An unsecured finance does not require you to use your property as a guarantee or security for the money either. As it is unsecured, the finance offers a little more flexibility to the borrower that does not wish to put their home at risk.

Who are unsecured poor finances designed for?

Unsecured poor history finances are, in the first instance, best suited to those with a poor history who do not wish to secure the finance against their property. In the second instance, an unsecured finance is often the only option for people or tenants who suffer with an poor history and have no property to secure the finance against.

Who can apply for unsecured finance?

The simple answer is anybody can apply for an unsecured finance, however in reality before an unsecured application can be processed your age and employment status are taken into consideration.

As long as you are employed and you are over 18, you can apply. Please contact us today for a free no obligation quote.

Please click here now to APPLY NOW online here now

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Consolidate Debt Loans with Wise Money for bad credit and self employed

Dr Search- Principal Consultant at the Search Clinic — Wed, 16 Sep 2009 08:43:00 +0000

Consolidate Debt Loans by Wise Money- UK loans calculators and UK mortgage calculators for the self employed, contractors, consultants, company directors, freelancers.

People in adverse, poor and bad credit situations, tenants, arrears or court judgments- monthly payments can be consolidated and reduced by up to 70%

For Consolidate debt loans seekers a fast online consolidate debt loans calculator APPLY NOW please click here now

For UK mortgage holders looking for a fast online mortgage calculator APPLY NOW please click here now

Consolidate debt loans- if your debts are becoming unmanageable you may be considering a debt consolidation loan. This may mean you will be repaying your loan for a longer term but debt consolidation loans could lower your monthly repayment to a more manageable amount.

Debt consolidation loans can be secured or unsecured: if you wish to borrow a considerable amount of money, or your credit history is poor, or you may just want the lowest possible interest rate, it may be necessary to secure your debt consolidation loan against an asset you own, usually your house. Talk to an Finance adviser to discuss your situation and they will help you decide the best option for your situation.

Borrow £5,000 to £1,000,000
Borrow over 3 to 25 years
Simple, fast and straight forward
Free yourself from unwanted debts

For UK loans seekers looking for a fast online consolidate debt loans calculator APPLY NOW please click here now

Bad Credit History Loans- Even if you’ve got a bad credit history you can still apply for help. A bad credit history should not put you off applying for a loan and we have helped many customers who have been turned down in the past by other lenders.

You may need a loan to provide extra cash, to buy a van, take a short break, or to pay off credit or an overdraft. Whatever you need the finance for we will consider your application.

Being refused credit or having a bad credit rating is nothing to be ashamed of and we won’t judge you either.

We may still be able to arrange an unsecured bad credit loan for you even if you’ve been turned down or refused credit many times.

We even arrange loans for the self-employed and those who have difficulty in proving their income.

No matter what you need, experienced and friendly advisors will guide you every step of the way – so your loan application goes ahead quickly, easily and completely hassle free.

Any purpose loans- If you’re looking for loans for any purpose come and talk to us about your requirements. Whether you’re considering secured or unsecured loans, we will help you find the best loans with the lowest interest rate and the most preferential terms available to suit your individual circumstances.

You may need to arrange a loan for a new car, a well-deserved holiday, home improvements,
to pay school or university fees, or to pay off credit cards or an overdraft.

Your loans can be for any purpose and your application will be processed quickly to ensure your loans are granted as soon as possible. Once your loans are granted you are free to spend the money on anything you wish.

Personal loans- If you’re looking for ersonal finance talk to a adviser today to discuss your financing requirements. We work with a range of providers to ensure we can offer you good terms and interest rates on personal finance.

Your personal finance may be for any purpose, from a new vehicler to an overseas trip, whatever you want the additional money for we will try and help. Once your application has been processed, an in-principle decision can be made very quickly. When your application has been approved your money will be made available as soon as possible, and you are free to spend it as you wish.

Please click here now to APPLY NOW online here now

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Business Finance from Wise Money- an easy solution to your funding requirements.

Dr Search- Principal Consultant at the Search Clinic — Thu, 10 Sep 2009 08:19:00 +0000

Commercial Finance through Wise Money. Whilst the following represent a flavour of what our commercial finance lenders can help you with, these are merely guidelines and they are still very flexible. Should your overall position be sufficiently strong then we may be able to step outside these guidelines.

Residential property – Buy to let & professional	KEY AREAS OF INTEREST:
Business mortgages	100% Business Loans (With Extra Security)
Property development for land purchase & development	BTL (No rental calculation) up to 75% LTV
Agriculture	Standard BTL 85% (with 125% rental calculation)
Healthcare & care homes	Large Business Loans available at rates from 2% above BBR
Hotels & restaurants	HMO’s (House of Multi Occupation) up to 70% LTV
Retail & franchising	Quick, free, no obligation quotes!

Please remember business loans do not have stringent underwriting criteria. All cases vary and one lender may look at one risk differently from another. If you are in any doubt please contact us today on 0845 467 0127 quoting Wise Money.

Or for UK business loans seekers looking for a fast quote please click here now

Not sure what to do? Simply complete the form for a free no obligation quote and you can talk through your alternatives with our trained advisors.

If you are looking for a mortgage, even if you have a poor credit history, come to us first to see what we can do. Your poor credit history does not exclude you from getting a mortgage or remortgage.

Even if your poor credit rating has meant you’ve had special terms imposed on remortgage quotes in the past, we have access to a number of suppliers of poor credit remortgages and have been able to help many customers with a poor credit rating to arrange a suitable remortgage.

If features such as no early repayment penalties, transfer flexibility, or payment holidays are important to you these will be factored in to our search. If these features are not important to you, our team of advisors will base the search on finding you the most suitable mortgage available to suit your particular circumstances.

If you’ve had problems finding a regular mortgage because you can’t prove your income please talk to our lenders about a self certification mortgage. We work with a number of suppliers who are happy to consider self certification mortgages. If this sounds like the type of mortgage you need talk to one of our advisers today to see what we can do for you.

Once we have all the details, your self certification mortgage will be processed as soon as possible to ensure your funds are available so you can complete your house purchase without delay.

For UK business loans seekers looking for a fast quote please click here now

Your loans can be for any purpose and your application will be processed quickly to ensure your monies are granted as soon as possible. Once your loans are granted you are free to spend the money on anything you wish.

As long as you are employed and you are over 18, you can apply. Please contact us today for a free no obligation quote.

Our lenders provide some of the most competitive loans in the UK. So if you’re looking for a help and you’re a UK resident why not ask for a quote?

"font-family: Verdana,sans-serif; text-align: justify;">At Wise Money we work with a number of different financial services providers. As a result we find that we are able to provide competitive rates and terms for a wide range of different personal circumstances.

You can choose between a secured or an unsecured credit and it can be for any purpose. All we ask is that you can meet the monthly repayments and that you’re a UK resident.

Please click here now to APPLY NOW online here now

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Bridging Finance Loans at Wise Money for quickly raising money

Dr Search- Principal Consultant at the Search Clinic — Tue, 08 Sep 2009 08:41:00 +0000

Bridging finance through Wise Money is both quick and easy with very good rates.

Short term loans – even with adverse credit we can help you source the best loans. A bridging loan can be used for a variety of reasons:
* If you need to purchase one property before completion on the sale of another.
* If you need to fund the purchase of a property abroad.
* If you need to fund the purchase of a ‘defective’ property, but repairs have not yet been done.
* If you simply does not want to lose the purchase of a new property (auction sales etc).

Not sure what to do? Simply complete the form for a free no obligation quote and you can talk through your alternatives with our trained advisors.

For UK loans seekers looking for a fast online loans calculator please click here now

Closed Bridge – Lending Criteria
Lending up to 100% LTV. Lenders will NOT need to take a first legal charge on the property. Time Period – Approx 3 – 5 Days

Example of Closed Bridge
Person selling their property for £300,000 and buying a house for £250,000. We can arrange loans to lend £250,000 (83%LTV) to complete the property purchase.

Open Bridge Loans– Lending Criteria
Lending up to 75% LTV. The lender will require to take a first legal charge on the property. (If you already have a legal charge on the property, e.g a mortgage it will need to be repaid it from the bridge funds). Time Period to completion – 3 – 4 Weeks (Approximately) Loans are usually for periods between 2-12 months.

Example of a Open Bridge Loan
Person selling their property for £300,000 and has a mortgage on that property for £50,000; looking to buying a house for £175,000. We can arrange loans to lend £225,000 (75%LTV) and would repay the £50,000 mortgage, leaving you with £175,000 to purchase the property.

For UK loans seekers looking for a fast online loans calculator please click here now

If you are looking for a mortgage, even if you have a poor credit history, come to us first to see what we can do. Your poor credit history does not exclude you from getting a mortgage or remortgage.

If features such as no early repayment penalties, transfer flexibility, or payment holidays are important to you these will be factored-in to our mortgage search. If these features are not important to you, our team of advisors will base the search on finding you the most suitable house purchase mortgage available to suit your particular circumstances.

Once we have all the details, your house purchase mortgage will be processed as soon as possible to ensure your funds are available so you can complete your house purchase without delay.

Self Certification Mortgages- If you’re looking for a mortgage and can’t prove your income, a self certification mortgage may be just what you need.

Self certification mortgages are ideal if you can’t prove your income. This may be because you are self-employed, a freelancer, contractor or seasonal worker, or you may be paid on a commission-only basis, be an un-salaried company director or you may have more than one source of income such as income from investments.

Once we have all the details, your self certification mortgage will be processed as soon as possible to ensure your funds are available so you can complete your house purchase without delay.

For UK loans seekers looking for a fast online loans calculator APPLY NOW please click here now

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