Skip to main content

Call to action on repossesions. Law of Property Act reforms now. ( Stop the theft of Families Homes)


I have started writing a political pamphlet in an area of Law in which I have some expertise In a past Life I have acted for Business interests as a financial trouble shooter in my profession Chartered Surveying its what is known as a Law of Property Act Receiver.

The nuts and bolts and rights and wrongs of it was not something i had ever examined very deeply my Focus was always very matter of fact  in fact I have never met anyone that originally owned the assets I have been a trouble-shooter on.

I have learned a tremendous amount about the Banking System in the past 4 years and an exponential amount in the past 2 months.

This paragraph from my notes which are on my blog is some simple arithmetic I wish I had known over 20 years ago now when I was a hired financial gun so to speak. ( I can however and I am doing something to make amends now.)


The idea that Banks have been caught out more than home owners is perverse. The Banks have created commitments for the borrowers to them and actually not given in return what the Borrowers largely believed I.E that their Mortgage is matched by and equal deposit/ saving of another bank customer. At best the banks have 1 tenth of this covered 10% and in many cases it is more like 1 fortieth 1/40 2.5% so on a mortgage of £100,000
the bank only has capital of at most £10k at risk and in all likely hood more probably £4k at risk. Therefore in distressed sales all on going mortgage payments made should be viewed accordingly and and distressed asset sale again viewed similarly.
I,e a mortgage holder with 25k negative equity on a mortgage of 100k still has an asset worth at least 7.5 x the capital reserve the bank allocated against making that loan. I.E the borrower remains in debt for 100k a new debt of 75k is created and and the bank gets all its basic capital back has had the interest in the meantime and will still milk the original borrower through the Bankruptcy process for a further 2 years representing further pure profit.


http://letthemconfectsweeterlies.blogspot.com/2011/05/further-thoughts-on-distressed.html

Heres an article I received in my mail box this morning I am Getting involved with a campaign called Positive money.org and The Public Finance institute in america as well as mobilising my old commercial legal team to help me with my pamphlet.

Dear Dr Haywood
Reply
Roger Lewis to mike
show details 12:51 (35 minutes ago)
I received your link to various crisis articles and share your concerns I am now an Ex Pat British Citizen living in Sweden.

I wanted to get involved with trying to get some reforms of the repossession laws in the UK. The states is worse their foreclosure laws are draconian our repossession laws are merely venial in comparison but inexcusable and criminal.

I did a blog of some of my notes/concepts areas of interest in Wikipedia articles etc.
I have some experience of the shitty end of the stick but I am still well off by most standards but I am very angry about the prospect of a whole class of hard working people having their savings represented in their home purchase being wiped out while the banks make a huge profit even on the fire sales.

Anyway if you can point in the direction of others working in this area I would be most grateful I am keen to put my shoulder to the wheel and show solidarity how ever I can. I have my London Solicitors looking into the concept and legal doctrine of Usufruct which I think is promising I have asked them to seek counsels opinion from Alan Maclean QC who has acted as counsel on two High Court actions in which I have been an instructing party( I used to be a successful business man). I know Alan personally as well and will be calling him when I have got my full set of facts together I do not want to trouble his Brilliant Mind with idle chatter ( he is though of and for the people which you will find if you look him up at Brick Lane Chambers.)

These days I'm a retired middle-aged Hippy enjoying my young family but this crisis is so heinous I have to get involved or I would never be able to say to my children that I had made an honest response to this new Fascism that potentially could cause so much harm.

http://letthemconfectsweeterlies.blogspot.com/2011/05/further-thoughts-on-distressed.html
--
0046702273052
skype: rogerglewis
Skype telephone number  +46406931188
Portfolio of on line Profiles( Go on be Nosy ) CLICK HERE PLEASE





Popular posts from this blog

Syria Cui Bono, Incitatus (Boris Johnson) Caligula (john Kerry) and the Curious case of the New Consul at the United Nations Security Council (Updated 7th April , Trump ordered attack On Syria)

UPDATE FOR CONTEXT:

Roger Lewis7 April 2017 at 12:56 Syria is all about Gas, not poison Sarin Gas but Gas Pipelines. It is also not about Hydro Carbons in themselves but the market for hydrocarbons and which currency contracts of supply are settled in otherwise known  as,  US petrodollar hegemony.
https://letthemconfectsweeterlies.blogspot.se/2017/04/sand-box-for-carbon-based-currency-end.html
Legitimate question. Does Jared Kushner have any interests in the Leviathan Gas field or any of the Israeli-backed Pipeline projects? #MAGA#Drain The Swamp. Starting to dig around will report back.

https://letthemconfectsweeterlies.blogspot.se/2017/04/the-bortherhood-of-gas-ring-quatar-gas.html


THE BROTHERHOOD OF THE GAS RING. QATARI GAS, OR SAUDI HEGENOMY, TRUMP BACKS THE SAUDIS? TANGLED WEB INDEED Tangled Web,  Syria and Gas. Trump meets Egyptian President, that is a rejection of the Moslem Brotherhood, siding against Qatar in Syria and With Saudi broadly and therefore the ISIL Wahabbist and Saud…

Meet The Fuggers, Brexit, The Euro and Clueless Elites.

Meet the Fuggers or, its the Money Power stupid. Brexit, The Euro and clueless Elites.



The Eastern Roman empire under Justinian saw the seeds of its final fall to The Ottomans when Abd El Melik started paying tribute in Gold coinage under his own Political Branding you might say.

With all the talk of Brexit being the removal of a final obstacle to the deeper federation of a European State transcending tiresome nationalism, perhaps a little review of History, particularly Monetary history, might not be such a bad thing.

In the review of European competences carried out as a consultation by the foreign office regarding Brexit and or reform requirements of the Eu, two of the papers need to be considered in the context of the Money power argument.

The first paper considered is the Subsidiarity and proportionality aspects of the Lisbon treaty and the competences of the EU institutions vis National and regional democratic institutions. This is a trade-off between Centralised Efficiency and …

Cashless Society, BlockChain, Global Warming, Gold, Carbon . Geo Political Full House.

rogerglewis9:02 am on October 26, 2017Permalink | Reply | Edit | FollowIMF Head on Climate: “we will be toasted, roasted and grilled”  Roger Lewis October 26, 2017 at 7:57 am #
https://wattsupwiththat.com/2017/10/25/imf-head-on-climate-we-will-be-toasted-roasted-and-grilled/comment-page-1/#comment-2646454 Legarde pushing the AGW Global Warming Narrative reported on Watts Up With That today. Upticks in CLimate Stories and developments on the Petro Dollar are quite common.
I am certain that the two things are not unrelated. rogerglewis Your comment is awaiting moderation.
October 25, 2017 at 11:51 pm
Things are really hotting up on the Future Prospects of the Petro Dollar. Climate Change particularly the AGW CO2 Narrative is clung to with religious zeal and promoted by Finance Elites, why is that?
China are rolling out the Petro Yuan, backed by gold.
http://www.golemxiv.co.uk/2017/10/chinas-rise-americas-fall/ The IMF wish to cling to the Petro Dollar hegemon this is best done by having t…