If repossessions happen to you , you may lose more than your home.
Last year repossessions rose by 54%, according to the Council of Mortgage Lenders.
At the same time 43,000 more people lost their jobs in the first 3 months of 2010 bringing the jobless total to 2.5 million the highest since 1994 [Office for National Statistics].
And so it continues………….Repossessions and repossessed homes are now a fact of life.
But statistics are small comfort if you are being repossessed. It affects you and your family’s security if repossessions happen to you, as you have to move out to find other accommodation.In addtion adverse effects on your credit rating may mean you can never get another loan or mortgage.
Doesn’t it make sense to do whatever it takes to stop repossession before it becomes too late?
Even a promise of to sell quick can be enough to stop the process. Repossessions can be stopped, here are some possibilities:-
lease option , we take over your mortgage
we make an offer on your house for cash
we help you sell your property fast
We are not estate agents, there are many ways we can help, and our experience in these very diffcult matters can help you find what is best for you and your family,
Why not explore the possibilities, we can help to stop repossession.
It only costs your time to pick up the phone and talk to a sympathetic ear.
For any house being repossessed, the basic court process:-
- Summons for repossession – a date and time if set for the hearing
- The hearing- usually the court will issue a possession order.
- Bailiffs warrant – when a family could be forcibly removed from their home after a 14day notice period.
We can help stop repossession at any time. If you agree to sell your property you can stop repossession by agreement with the court.
But better not to let it get to that stage, Make contact now for a sympathetic ear and some expert help.
If you feel that you have no where to turn, if standard house sales cannot help then talk to us. We may be able to help, what have you got to lose?