Sell Your House & Avoid Bankruptcy
National Homebuyers are proud to have helped many people who have found themselves in desperate financial positions during the last decade or so. In the years that followed the financial crash, the number of people seeing a reduction in their income or simply losing their income altogether sharply increased. These same people, as well as many others, also saw a rise in the cost of living and a significant drop in the value of their assets, making for an understandably depressing time for Brits and our brothers and sisters worldwide, such was the scale of the crisis.
For those in a particularly acute situation, going into arrears on their mortgage and facing the prospect of their home being repossessed, there was a terrible feeling of helplessness and, as a result, numerous sleepless nights. If you are unfortunate enough to be in a similar situation at the moment or just want to know what happens when you are in arrears on your mortgage repayments, please check out our blog post for more information. To put it bluntly, however, those who continually fail to meet repayments will default on their mortgage and will, unfortunately, find themselves in court with the threat of home repossession and eviction a distinct possibility. And therefore facing bankruptcy.
The number of people who find themselves in this situation is, according to This is MONEY.co.uk, likely to increase in correlation with the interest rate moreover, which will eventually find its way back up to around the 3% mark. This is because there is a worryingly high number of people who do not know how these changes will affect their monthly outgoings, with a substantial proportion unknowingly needing to cut back on holidays and other luxuries if and when this became a reality.
Once the homeowner has been notified that they have defaulted on their mortgage, they will be required to repay missed payments and accumulated late fees in full, or the bank will repossess their house and sell it on. The further down this road a homeowner gets, the more they will be detrimentally impacting their credit score and, by extension, the less likely they will be able to negotiate and secure a loan in the future.
It is in this instance where National Homebuyers can help. We buy any house in the UK for cash, privately and directly from you. The quick and easy house buying service we provide enables our customers to avoid going into default on their mortgage and consequently, lets them put this miserable period behind them and start again afresh.
So, if you want or need to sell your house fast, without the hassle of dealing with estate agents, get in touch with us by filling in the form to your right, calling the telephone number at the top of the page or by requesting a call back via the adjacent link. Get yourself out of debt and get on with your life!
A Guaranteed House Sale
National Homebuyers are private and direct house buyers who work to a purchase completion date that suits you. So, if you want a cash buyer who will ensure that you sell your house fast, who is flexible to your needs, contact us today by filling in the form at the top of the page or via telephone using the number at the top.