There may be good reasons why you just want out of your own property fast! You can now simply transfer property and mortgage responsibilities over to us if you need a fast exit. Here are some reasons why this may be a viable option for you to consider;
a) Can’t afford the mortgage; The Global Economic Crisis has seen many people lose their jobs and the risk of repossessions become more problematic. Once you miss one or more payments, your credit rating can become tarnished, making it more difficult to apply for future credit cards, loans and even rental property. If you allow your private property to be repossessed, there is next to no lending institution that will be likely to offer you a mortgage in the future, and you will have a black mark against your name for years to come.
If you can’t afford to pay your mortgage, you have mounting arrears building up, and have been unable to get rid of some property quickly for a price high enough to clear your mortgage, you can now simply transfer you arrears and mortgage over to us, we will babysit any property, covering all costs including mortgage, maintenance, insurance, service charges, until we are able to throw it off. Not only will this mean that we can save you within a very short time from being repossessed and the stigma that goes with that, but because we make the payments on your own property on time every time, you will also correct and boost your credit rating.
b) Bad Memories; Some people just need to get out of their property as they have bad memories associated with it. Perhaps a loved one who is now deceased lived in that property with them, or perhaps an ex-partner. Some people cannot sell fast enough and just want to get rid of their property and move on with their lives.
SellYourHouseUK can offer an immediate sale solution for bad memories and allow sellers to move on with their life. We will simply transfer the legal responsibilities of your mortgage payments to us, and take care of such property until we can sell it down the track.
c) Property Not Selling; Many properties across the UK have been sitting on the market for sale with estate agents for months and some for years. Despite sellers engaging the use of multiple agents, the property still fails to sell. In the meantime, the seller may have moved on and could be paying 2 mortgages, or their old mortgage and their new rental property rent. Worse still, many sellers need to market as they can’t afford their mortgage payments, but due to the Global Economic Crisis, banks are not lending, and they have been unsuccessful in selling their homes.
If you have been asking yourself the question “I can’t sell my house, and I can’t pay my mortgage, what do I do?” and you need a quick exit, maybe it’s time to consider a different approach.
SellYourHouseUK can step in, make the mortgage payments on your behalf, and take care of the problem property until we are able to sell it down the track. This can solve many problems, and allow for sellers to finally move on with their lives.
d) No Equity in your property; it is estimated around 4 million people in the UK have negative equity or “cash bit” in their property. If this is your situation, and there is simply not enough money to pay, you may find it very difficult to sell, as it is such a strong “buyers market,” buyers are expecting discounts. If you were to discount the property, it would mean that you would walk away from it still owing the bank money.
SellYourHouseUK now has an award winning solution to this problem, where you can literally transfer the responsibility of the mortgage over to us, and finally walk away and have a fresh start!
For more details about this solution just click on the the ‘Make Me An Instant Offer’ tab now and select ‘option 3’ or call us now on freephone 0800 848 8646
Negative Equity, Home Equity Release, Mortgage Arrears