Happy Customers

"Carol Bailey has been really amazing from start to finish in the whole home selling deal. she was our main port of call though out the process. They as National Home buyers did exactly what they promised to do valued the property at a fair price. we agreed and kept there promise and time scale […]"

Mrs. H, Devon

"So, what can I say? National Home Buyers….were fantastic, yes, they made a good chunk of money on my house but you know what? They dug me out of a hole where I had given up hope of anything good happening. From start to finish they were very helpful, I must say though that Laura […]"

Mrs M, Devon

Nearly a million at risk from mortgage repayments timebomb

Hundreds of thousands of homeowners who opted for interest-only mortgages are facing a struggle to pay off what they owe before the loan term runs out, according to charity Citizens Advice.
Approximately 934,000 people may have to sell their homes to avoid repossession by the bank if they are unable to afford repayments – and an estimated 432,000 haven’t yet even considered how they might deal with the problem.

“People buy a home for stability, but interest-only mortgages have forced many into a financial black hole,” said Citizens Advice chief executive Gillian Guy, quoted by BBC News.

For many homeowners, a quick house sale may be needed to make sure they don’t get into difficulties with debt. If a house was bought a long time ago, it may have risen in value and allow the owner to reinvest their equity elsewhere, instead of being stuck with a mortgage that they can’t pay off.

SELL YOUR HOUSE QUICKLY – GET AN OFFER >

If you’re keen to sell your house as soon as you can – and get a cash offer – please feel welcome to contact National Homebuyers for advice, as we guarantee to buy any home. Call 08000 443 911 or request a call back to find out how much you could get for your property.

“WHO’LL BUY OUR HOUSE?” – GET A CASH OFFER >

How does selling a house with a mortgage work?
How to sell your house when separating or divorced?