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Sell your house with mortgage arrears

Posted in Financial difficulties, How to sell my house quick | 0 comments

House with mortgage arrears or financial difficultiesHouse-Wont-Sell-B

I get many enquiries from home owners on how to sell your house with mortgage arrears: “ I lost my job and can’t pay the mortgage any more”, “The arrears are rising, but the house is not selling”, “My debts are killing me, I just don’t know what to do”. When owners can’t sell your house with mortgage arrears on the open market, they search for other options and for companies who will buy my house quick. For every problem there is a solution.

House prices rising , but it doesn’t help everyone

According to official Land registry reports the houses prices are raising and the number of sales is also on increase. Help to buy scheme is the main influencing factor, offering first time buyers an easier way to get to the property ladder. However on the other hand the affordability of houses is still poor following economy downturn. Same financial situation also impacts existing home owners: with the rising price of living they often find it difficult to carry on paying the mortgage. Despite positive changes in the property market brought by Help to Buy scheme, many houses are still getting repossessed.

Can you sell your house with mortgage arrears?

Often when home owners get into financial difficulties, they don’t share this situation with anyone, they keep it secret from the friends and the family. People hardly ever call a financial advisor to help them out of the difficult situation and often home owners stop all the communication with the bank. If you find yourself in financial difficulties, remember that there are some basic important steps which will help you to avoid repossession: to stay in communication with your lender and talk to a debt advisor. If you need to sell your house with mortgage arrears, then don’t just rely on estate agents, review other possible options. There are people and companies like QuickHouseBuyers who specialise in buying property in difficult situations.  We can help you to sell your house with mortgage arrears or other financial difficulties or sell your house in negative equity.

“We believe there is a solution to any property problem.”

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