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29/01/2016 By property

Sell my home faster

. Many people find themselves with their home on the market for months at a time before any interest at all. Then when something seems promising it often doesn’t transpire. This makes you feel downhearted and anxious. However in many cases, it is simple things that can prevent you from getting a quick house sale or even managing to get prospective buyers through the door to view your home. From décor to the environment or outstanding repairs, there are many things can easily put buyers off and delay a quick sale of your home.images (21)

Evaluating your home and making changes to make your property more attractive, can be the difference between your property remaining on the market for months or achieving your full asking price. This allows you to move forward and potentially make a profit. Depending on your reasons for selling your home, it may seem pointless spending money on repairs or making your home look attractive to buyers as you’re leaving anyway. You could of course choose to sell your home as it is; but this is likely to take much longer and result in much less monetary value. You can first contact your local estate agents: mainly, to find out what the maximum potential value is of your home. The value will give you an idea of what you could achieve.

It is needless to spend thousands of pounds on your property and start building extensions. However, you can certainly make a huge difference with a relatively little effort. Begin by ensuring the exterior is inviting. That is, grass and shrubs are tidy, paintwork is fresh and windows are clean. Never turn up a property that is overgrown with the curtains drawn. It’s all about opening up your home and making it bright and welcoming. When it comes to the interior of your home, make sure small repairs are done, it is clean and tidy. Consider giving everywhere a lick of paint, and remove any clutter or excess furniture which will help to open up your hosell my home fasterme and make it appear spacious and inviting. Moreover, think about when to put your home on the market as certain times of the year are better than others. Often selling a property in spring happens faster than during winter. When you do get viewings booked, ensure the property is free of pets, there are no odd smells and everything is clean and tidy. It is also a good idea to get advice from friends or neighbours who can help point out anything that can be done to improve the appeal of your home. Before you know it you will have offers pouring in!

Filed Under: News Tagged With: My house is going to be repossessed, property quickly, Quick house sale, sell house fast, sell my home faster, sell my house, Sell my portfolio, selling property, we buy houes

26/01/2016 By property

Handling empty homes

Being in charge of empty homes could be challenging. At times it costs thousands of pounds in repair bills; need a keep up with energy and utility bills, mortgage payments and much more. Occasionally, a property can remain empty for lengthy periods of time, owing to a number of reasons. Landlords may be struggling to find tenants, a property owner may have passed away or perhaps a property is in a bad state of repair and is too dangerous for anybody to reside in it unless major work is carried out to restore it. Whatever the reasons are, it is a good idea to try and bring it back to its original state particularly as there is such a housing shortage within the UK. So whether you look to invest in developing the property or aim to get a quick house sale, it is important to deal with your empty property as soon as possible to avoid further on-going costs.

Firstly, you will need to investigate the problems the property may have. Whether you arSell and rent backe aware of existing problems or you have just inherited a property, a home survey is a good start which can help to identify any underlying issues that need resolving. This is a good idea whether you choose to live in the property yourself, rent it out or put your home on the market. If you are on a tight budget, there may be help you can get from government schemes as well as asking friends to help with general maintenance. If you own the property outright, it may be worth considering getting a re-mortgage to help pay for any major repairs, which in the long run may help to avoid making a loss due to the state of the property. Otherwise you could opt to get a secured loan, or enlist volunteers to help with heavier work. If you are unsure or need advice, you can contact your local council or speak with an independent property or financial advisor who can help advise you with regards to budgeting or any help that may be available to you. While your property is empty you may be entitled to a discount on your council tax, so it is also worth checking as this could be economical.

Once your property is in a good state of repair you can then opt to rent it out which can help to recover some of the cost of repairs through rental income or put your home on the market. You could alsEmpty homeo consider marketing the property yourself in order to get a fast house sale which could also help to avoid fees from estate agents. However if you feel you are unable to carry out any repairs at all, you can still opt to sell the property in the state it is in. You may obviously make less money but you can then invest that money into a savings scheme and begin earning interest on it rather than having your property stood empty for any length of time. Often, you could sell property quick within a matter of weeks.

Filed Under: News Tagged With: Broken chain, empty homes, My house is going to be repossessed, Quick house sale, quick sales, sell house fast, sell my house, selling my house, selling property, we buy houes

22/01/2016 By property

Primary Steps to Sort out Repossession

With the recent adjustments in house pricing and the economy, many people have been faced with the possibility of repossession in the last few years. This owes to the inability to keep up repayments on property mortgage. With the rising cost of energy bills and many people struggling with increased mortgage payments, it has resorted to many homeowners falling behind with their mortgage payments. If you find yourself in this position, the mortgage companies will try and come to alternative arrangements before resorting to repossession but this doesn’t make the situation any easier as it can be incredibly stressful and cause many problems in other aspects of your life.

When facing financial problems, it is important to communicate with your mortgage lender immediateimages (6)ly. Early communication and making them aware of your situation can help to avert a possibility of losing your home, through reaching a payment agreement. Several factors can lead to financial problems other than house prices or changes in the economy. The two main factors among them, being a broken up relationship or loss of a job leading to repossession. A sudden change of some factors can mean that what was once manageable suddenly becomes unaffordable.

When people take out their first mortgage, they often tend to opt for a fixed rate deal within a limited span of time. The deal serves as security for a short time span. However, once it has elapsed you will find yourself faced with a large rise in the monthly mortgage payment, specifically if the base rate increases. Luckily, this isn’t a problem lately as Standard Variable Rates have seen a continuous reduction due to the drop in the Bank of England base rate.

There are varied options to try when avoiding repossession or at least avoiding the various negative consequences of repossession. This can be done through re-mortgaging or even considering a quick house sale which will allow you to sell your home quickly and possibly downsize to save money. You can communicate to your bank or mortgage lender about deals on re-mortgaging or other options that may be available to you. You will be expected to Stop repossessionprovide financial details in order to help negotiate repayments. If you cannot come to terms with your mortgage provider or they refuse any offers you have put forward, you will be in a better position legally as long as you proof a communicated urge to effectively resolve the situation while in court.

Lastly, it is also important to get professional advice. There are lots of companies such as Citizens Advice or National Debt line that offer free information and advice for anyone struggling financially or on the verge of losing their home. Nevertheless, you can as well speak to a solicitor who can help to iron out a repayment plan or settlement as well as help negotiate with your bank or mortgage provider. You will have to incur some legal fees involved with instructing a solicitor to help however.

Filed Under: News Tagged With: My house is going to be repossessed, Quick house sale, quick sales, sell house fast, sell my house, selling property, stop a suspended repossession, Tips to sell house, we buy houes

19/01/2016 By property

Inheriting property

When a family member owns a property, chances are that you may find yourself inheriting the property upon their death. Despite the sad loss of the relative (previous owner), the idea of inheriting property may seem an exciting expectation. Then again, it can come with some frustrating and nasty surprises. If the property has been left sorely to you, then this can make things a little easier as the responsibility lies entirely with you as the new owner. When you inherit the property jointly however (perhaps with another sibling); then you will all need to come to a mutual agreement regarding the future of the property. You could opt to get a fast house sale and split the profit. At times, one or both of you may wish to live in the property. Such an action may trigger disputes between the involved families. Even better, you could choose to live in the property or sell your homimages (17)e, you could choose to rent it out thus providing you with a long term rental income, among other available options.

Unfortunately, if there be any outstanding debts attached to the property, they will have to be settled before any assets such as property can be distributed to the heirs by the executor of the will. Once you have gained ownership of the property, there are potentially many obstacles. For instance, if the property inherited has been rented with existing tenants in it. The will may outline that the current occupants can remain in the property leaving you with a limited choice. In such a case, it is advisable then to talk to the tenant and come to an amicable agreement regarding the future tenancy or your wish to sell the property.

In other cases, the property may be in a state of disrepair. This may force you to make essential maintenance to it. If you cannot afford these repairs however, then you may be left with no alternative but timages (16)o get a fast sale before it deteriorates further. Another alternative is to get a mortgage on the property to cover the cost of repairs. In this case, you will need to register yourself as the new owner with the land registry. If the owner who left you the property still had a mortgage outstanding on their home then unfortunately you will also inherit the debt that comes with it and be responsible for the remainder of the mortgage payments. You can however, look to change the type of mortgage held on the property, which may make it more affordable. If you cannot afford the repayments, you could be at risk of losing your home to repossession so it is important to get advice wherever possible. If you own it jointly with another person, you could opt to buy their share of the property, and likewise they could also buy your share making them the sole owner of the property.

Filed Under: News Tagged With: Broken chain, My house is going to be repossessed, Quick house sale, sell house fast, sell my house, we buy houes, we buy houses companies

12/01/2016 By property

Sell and Rent back, What ever happened to it?

When homeowners are struggling to pay their mortgage they may consider the sell and rent back scheme – this is a way in which you can sell your home to a private firm and then rent your home back from them as a tenant. It is normal that you may sell your home to this firm at a lower price than you would expect to sell it out right.

A private firm that may be willing to buy your property from you and then rent it back to you could be a company, a broker or a private individual. This was an extremely popular option for many homeowners tha images (21)t were struggling with mortgage repayments for their homes but now it is less common and in this article we want to explain why.

Previously there was no government or system looking over the sale and rent back scheme, this meant that there were risky private firms setting up and the sale and rent back schemes that were being created were not always in the best interest of the homeowner struggling with mortgage repayments, however the deals were very much in favour of the ‘not so honest’ private firms, companies, brokers or individuals.

By around 2005 the buy to let market had reached a boiling point where hundreds and thousands of ‘inspired amateur investors’ were pouring into the buy to let market as they had been sold the dream and hype of becoming millionaires over night with ‘no money down’ financing and instant remortgages.

However this is no longer an issue when it comes to Sell and Rent Back Schemes, if you want to be a ‘private firm’ for the scheme you now have to apply for FSA permissions to allow you to conduct a sell and rent back scheme business, also known as a SARB business.

For more details on sell and rent back be sure to see what rights you have.Sell and rent back

We feel it’s great that this sector is now regulated as it means it is a win-win situation for the homeowner struggling with mortgage repayments and the private firms buying and rent back the properties.

If you have any queries about the Sell and Rent Back Scheme then why not give us a call, we are always happy to office free and impartial advice.

Filed Under: News Tagged With: Quick house sale, Sell and rent back, sell house fast, sell my house, we buy houes

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