Often we see people asking ‘how to stop repossession of my house?’ the answer can be complex and will require a great deal of thought and advice. At Barry Home Buyers we are in a position to help you either delay repossession or stop it all together, we have the funds available to purchase your house for cash – alleviating your debt situation.
We are able to help all sorts of people that for one reason or another are facing repossession and have tried selling their house through more traditional methods, only to hit a brick wall. Often estate agents have not been able to find a buyer or pressure has been applied by the lender to sell the property in a shorter time scale. Whatever the reason, we can help as we have the funds readily available to purchase a property – in any condition – for cash. In the majority of cases we can complete a sale in 28 days or less.
Although selling your house is a tough decision to make, you are often better finding a method of selling and avoiding repossession, otherwise you may find yourself in a position that a future mortgage is unobtainable. You must act fast if you are in this situation and explore every potential fix.
Where to find help and advice
If you are in a position where you think your house may be in the line for a repossession then the best thing to do is ask for advice on the different ways that you are able to either postpone or avoid repossession. Selling your house to Barry Home Buyers is just one method, however there are a number of different ways you can approach potential repossession and there are a number of organisations that are there to help you. You should seek proper advice and take actions based on that.
Below are some useful websites that will give you access to much needed advice, if you are in a repossession situation.
Citizens Advice – The go-to for advice on civil matters in the UK. There is an in depth section on Mortgage Problems as well as access to their free, impartial advice at local centres and through a national helpline.
Shelter – A charity who look to help with homelessness, they provide advice on how to avoid repossessions and give an alternative place to turn to for advice.
National Debtline – A good place for impartial advice on how to alleviate the stress of being in debt. The website is run by the charity Money Advice Trust.
UK Government – The UK Government website offers advice on the proceedings of a repossession as well as further links to organisations that will be able to assist you.
If you are in a situation where a repossession is possible, you must act quickly to avoid being made homeless and seek advice. Do not try to hide from the debts, or wish them away as you will find yourself in a worse position.