Mortgage Guru launches challenge: “Is there anyone we can’t find a mortgage for?”

A REVOLUTIONARY property website has launched a challenge to the house buyers of Britain: “Find someone we can’t arrange a mortgage for”.

[UKPRwire, Fri Sep 29 2006] A REVOLUTIONARY property website has launched a challenge to the house buyers of Britain: “Find someone we can’t arrange a mortgage for”.

www.PublicAngel.com has set up its Mortgage Guru service, where it virtually guarantees to find a mortgage for anyone, no matter what their financial circumstances.

Site founder Nilesh Gohil said the service doesn’t necessarily mean the sting of higher interest rates.

He said: “In one example a couple in Coventry were struggling to re-mortgage because they were self-employed with no accounts, had County Court Judgements against them and had defaulted on previous credit!

“But the Mortgage Guru actually got them a new mortgage fixed at a rate of 4.99% for three years, compared to their previous rate of 6.25%.”

Other case studies include:

- Mr P of Leicester bought the freehold of his shop within 48 hours, despite not having up-to-date financial information available
- Mr W of Coventry had just 24 hours to find the cash for an investment property – and was offered a second mortgage in time
- Mr C of London got a mortgage to buy a flat above a restaurant, despite most usual lenders not being interested


PublicAngel.com is a revolutionary new kind of property site, that’s trying to change everything about the way we buy and sell our houses.

It allows people to buy and sell their homes online, without paying a single penny in fees.

The concept is based on the kind of matchmaking done by dating services.

ENDS


NOTES TO EDITORS
• Nilesh Gohil is available for interview and photographs.
• Call 07733 267529. Or email info@publicangel.com
• A website factfile is available online at http://www.publicangel.com/press/pressroom.html
• Find out more at www.publicangel.com