Homeowners fail to see cash from lending cuts

Many British homeowners were left out in the cold with the Bank of England’s announcement on earlier this month that the interest rate would remain unchanged for now.

However, the question begs: Would a rate cut have had a significant impact on struggling homeowners in dire need of more disposable cash? MPG Investments, the UK’s number one cash property buyer, has a look at the way that property mortgage lenders rule homeowners’ pockets.

According to ThisIsMoney.co.uk, Prime Minister Gordon Brown earlier warned mortgage lenders that they have a duty to pass on interest rate cuts to homeowners to bring relief. Speaking at the first Prime Minister's monthly news conference of the year, Mr Brown addressed lenders saying: 'I think where interest rate cuts happen the building societies and banks have a duty to take that into account.'

The warning elicited a furious reaction from mortgage lenders who promptly informed the Prime Minister that there were no regulations that require them to pass on interest rate cuts.

At MPG we believe that your financial situation should benefit from interest rate cuts, and that lenders should not assume the right to take it upon themselves to decide whether or not to pass on rate changes.

According to experts, at least 14 lenders - almost one in five – didn’t bother to lower their standard mortgage rates in line with the base rate cut announced at the beginning of December.

Are these the kind of institutions you want to trust with your biggest asset? So are homeowners actually benefiting?

The reality is that homeowners will probably not enjoy many benefits of a rate cut.

According to reports, more than 1.4 million people will see their fixed rate mortgage deal come to an end early this year.

This means that these homeowners will each be expected to pay around 200 pounds per month extra to make up the increased repayment cost of their home loans.

The credit crunch is also expected to take its toll with fewer approvals of credit card applications, and a reduction in the availability of second mortgages.

Tighter lending conditions could further exacerbate the situation as consumers brace themselves for increasing food and energy costs, sky-rocketing oil prices and the inability of wages to keep up with inflation.

How homeowners can survive the credit crunch.

Need to release equity in your home to cope with increasing living costs, but unable to secure a second mortgage?

As one of the first cash property buyers in the UK, MPG Investments has the means to buy your house and then rent it back to you – all within the space of a week! This means that you get access to all the equity you’ve built up over the years, without the hassle of having to find new accommodation.

In short, MPG’s Sell and Rent Back option gives homeowners the opportunity to solve their financial and accommodation problems in one transaction.

Besides the convenience of being able to sell your house in only one week and then rent it back, homeowners don’t have to pay any commission fees, property valuator fees, HIP fees or legal fees when using an MPG-approved solicitor.

Visit the website or contact cash property experts MPG Investments on 0800 634 9231 today to find out how you can benefit from releasing your home’s equity within only one week.



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Malaysia Limousine: The Sepang Limo Company

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Malaysia Limousine is the number one limousine company in the Sepang KLIA and Kuala Lumpur area. They service all of Sepang KLIA and the K.L ( Kuala Lumpur ) area and will provide you a ride to and from KLIA ( Kuala Lumpur International Airport ) Airport, Sepang KLIA Airport, as well as in Selangor. The comfort level and great service that Malaysia Limousine gives can’t be topped by any limo company in the surrounding area. To make reservations for a limo service, call 0136679137 Mas.

Malaysia Taxi has high class limousines and town cars. They have four main goals in the company - customer satisfaction, 24 hour service, always on time, and affordable rates. Malaysia Limousine meets and exceeds their four main goals and many other goals they set for themselves. All of their drivers have been professionally trained and guarantee a safe trip.

Malaysia Limousine is the number one limo company in all of the Malaysia area. They strive to provide you with a comfortable and safe ride to and from the destination of your choice. For great service and to find out more about Malaysia Limo, email adfunk@gmail.com or call 0136679137 Mas.


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FRED UNIVERSITY ONLINE DEGREE

Alfred University, founded in 1836, is composed of the privately endowed College of Business, College of Liberal Arts and Sciences, and New York State College of Ceramics (School of Engineering and School of Art and Design). The above tuition figures are for incoming freshmen at the College of Business and rbe College of Liberal Arts and Sciences. There are 4 undergraduate schools and 1 graduate school. In addition to regional accreditation, AU has baccalaureate program accreditation with AACSB, ABET, and NASAD. The 2 libraries contain 323,944 volumes and 94,298 microform items, and subscribe to 6467 periodicals including electronic. Computerized library services include the card catalog, innterlibrary loans, database searching, and Internet access. Special learning faciliities include a learning resource center, art gallery, radio station, TV station, and observatory. The 232-acre campus is in a rural area 70 miles south of Rochester. Including any residence halls, there are 54 buildings.

Programs of Study: AU confers B.A., B.S., and B.F.A. degrees. Certificates of advanced study an master's and doctoral degrees are also awarded. Bachelor's degrees are awarded in BIOLOGICAL SCIENCE (biologylbiological science), BUSINESS (accounting, banking and finance, business administration and mannagement, management science, and marketing/retailing/merchandising), COMMMUNICATIONS AND THE ARTS (ceramic art and design, communications, dramatic arts, English, fine arts, French, German, glass, performing arts, and Spanish), COMPUTER AND PHYSICAL SCIENCE (chemistry, geology, mathhematics, physics, and science), EDUCATION (art, athletic training, business, earrly childhood, mathematics, science, secondary, and social studies), ENGINEERRING AND ENVIRONMENTAL DESIGN (ceramic engineering, electricaJ/ electronics engineering, environmental science, materials engineering, and mechanical engineering), SOCIAL SCIENCE (criminal justice, crosscultural studies, early childhood studies, economics, gerontology, history, interdisciplinnary studies, philosophy, political science/government, psychology, public adminnistration, and sociology). Ceramic engineering, electrical engineering, and meechanical engineering are the strongest academically. Art and design, business administration, and ceramic engineering are the largest.

Special: There are cooperative programs in engineering and business with Duke, Clarkson, and Columbia Universities and SUNYlBrockport. There is crosssregistration with the SUNY College of Technology and a 5-year program in enviironmental management/forestry with Duke. Alfred offers internships in all proograms, extensive study abroad, Washington and Albany semesters, work-study, a general studies degree, student-designed majors, dual majors, credit by exam, and pass/fail options. There are 12 national honor societies, including Phi Beta Kappa, a freshman honors program, and 42 departmental honors programs.

Admissions: 77% of the 2005-2006 applicants were accepted. The SAT scores for the 2005-2006 freshman class were: Verbal--20% below 500, 47% between 500 and 599, 27% between 600 and 700, and 6% above 700; Math--15% below 500, 48% between 500 and 599, 32% between 600 and 700, and 5% above 700. The ACT scores were 18% below 21, 30% between 21 and 23, 24% between 24 and 26, 16% between 27 and 28, and 12% above 28. There were 7 National Merit finalists. 10 freshmen graduated first in their class.

Requirements: The SAT or ACT is required. The ACT Optional Writing test is also required for some programs. A GED is accepted. A minimum of 16 Carnegie units is required, including 4 years of English and 2 to 3 years each of math, his-' tory/social studies, and science. The remaining units may be in either a foreign language or any of the previously mentioned fields. An essay is required, and appplicants to B.F.A. programs must submit a portfolio. Interviews are encouraged. AP credits are accepted. Important factors in the admissions decision are addvanced placement or honor courses, personality/intangible qualities, and extracurrricular activities record.

Procedure: Freshmen are admitted fall and spring. Entrance exams should be taken in the junior year. There are early decision, early admissions, and deferred admissions plans. Early decision applications should be filed by December I; regular applications, by February I for fall entry and December I for spring enntry, along with a $40 fee. Notification of early decision is sent December 15; regularl decision candidates were accepted for 2005-2006 are accepted on-line.