There
may be situations where you do not want to move out of your home.
Perhaps it is in the right location for you. Maybe you have spent
a lot of time getting it right. Perhaps you do not want the hassle
of moving to another property.
We offer
an alternative to the problems of finding another place to live and
moving there- we can buy your house and rent it back to you at a fair
market rent. What’s more, our service is completely confidential
so nobody will know. You will just continue living in your home.
You can
also sell your property to us and buy it back after an arranged period
of time. Please visit our Sell and Buy Back section above for more
information.
We are flexible so the choice is yours.
Mortgage arrears
If you are in arrears with your mortgage or
any loan secured on your house you could be taken to court so your
creditors can get their money back.
What they do with your property
The bank or building society has the right to sell your house, usually
at auction, to get its money back. If your house does not achieve
what you owe, you will stay in debt. You will also have a record of
this on your credit history which will remain with you for up to six
years.
The auctions
These repossession auctions are well known and there are many people
who are on the lookout for a real bargain. Look in the press or on
the Internet for examples. They sell your house cheaply just to recover
the creditor’s debt and other people make thousands from your
loss.
We can stop this!
When we get involved we can stop the repossession proceedings with
as little notice as just 24 hours, providing you with more time to
sell your home on terms you are more comfortable with. We will explain
and walk you through the process and in many cases there has been
money left over which is unlikely after repossession. We will also
provide you with our rent back option so you can stay in your own
home.
Are your bills too much for you?
Are your cards "topped out"?
Many people are in debt. With debt comes stress. Sometimes
the stress is too much. With the increase in interest rates, the cost
of borrowing has increased causing more and more people to struggle
with payments.
Credit card interest rates are over 3 times inflation and Bank of
England base rates. They add this interest every month so it does
not take long to run up a large debt. The charges are often more than
the original amount you borrowed.
Due to the continued increase in house prices, many people have thousands
of pounds locked up in the value of their house but are stressed out
because they owe so much money. Free up your money and pay off what
you owe and start to enjoy life.
Divorce, Separation or Bereavement
Unfortunately these events can happen leaving us to sort out mountains
of paperwork at time when you might not be up to it emotionally.
If you are in one of these situations then you probably
do not really want the hassle of selling a property in the traditional
way which involves a lot of paperwork, and with a lot of attention
on you as the vendor.
Do you want to deal with the Estate Agents, forms,
getting your house ready and in prime condition to sell? Are you prepared
to be there to show people around or are you happy that the agents
can wander around when they want? And this could go on for months
or even more.
You do not need to approach an agent or prepare the
house for viewing, We buy in any condition. You do not need to stay
near the property to show people round. Our representative will call
just once. We will then give you an offer - usually within 24 hours.
Completion will be to your timescales and you will be able to move
on with your life with cash in the bank.
Chain Breaking
One of the biggest frustrations in the housing market
is being in a chain.
And as the saying above notes, if one link breaks, the chain fails.
The worst thing is that this only happens after waiting for ages-
expecting the sales to go through. We can press our solicitor and
other parties but we have absolutely no control over the other people
in the chain. The stress is hard and disappointment is awful.
Everyone loses time and money. Some buyers will lose
the property they had set their heart on. Others may get further into
financial difficulties.
Sell your house to us and you will step out of the
chain. You will be free from the pressures of selling your home and
you will be in a strong position to buy.
Relocation or Emigration
Is your date of moving approaching but no sign of a sale? What do
you do - drastically reduce the price? This may get a buyer but it
won’t speed the rest of the process up. Or do you try to manage
the sale from abroad? The property may deteriorate and the Agent may
lose interest in marketing it. You may need an expensive bridging
loan to finance your new property while the other sells.
