Jim Stafford
Registered User
- Messages
- 631
Can rent reciever be appointed on Buy to Lets if current agreed payments are being met. I'm past the 3 year review stage on restrurctured buy to lets, no review to date, all agreed payments up to date, but I assume Start will carry out a review in the near future. Can they appoint rent reciever before that review.
He called BB that. Wow. What show was that so I can listen back please.Heard you on the radio this eve BB, arguing this sale with David Hall of IMHO. Thought you wiped the floor with him, especially with your opening piece.
You always know he's on the rocks when he starts resorting to calling those he's up against 'bank shills'!
Thanks Delboy
He was talking absolute rubbish but people believe him.
And the worst part was that he was scaring the daylights out of people. As if Start buying their mortgage was the end of the World. It's very irresponsible.
Brendan
You are performing to the new terms, but based on ECB rules you are still non performing. Therefore the bank needs to hold extra capital against your mortgage.Why were performing buy to let restructured loans sold?
A sentence in the letter is taken out of context. They didn't tell the banks how to reduce non performing balances, but they told them to reduce them.But a letter published by Fianna Fail yesterday shows the ECB has issued no such order and has left it up the individual lenders as to how they deal the non-performing loans
Speaking at the party’s think-in in Cavan, Doherty said PTSB had failed its customers, and taken the easy option of selling to a vulture fund.
He said the government, who has a 75% shareholding in the bank, should have stopped the sale. Doherty added that vulture funds only have a “short-term interest” and therefore will not offer the same deals to customers as banks do.
Doherty said “victims of the sale” will be invited to give their testimony before the committee, stating that members should hear how this sale has impacted on them, “not only on them personally, but also on their family”. He added that bank executives from PTSB will also be invited to attend.
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