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'Repossession' News:

Securing a quick sale of your property

Friday, October 10th, 2008

Securing a quick sale of your property 
We are living in tricky and surprising times.

It is frankly amazing to see banks being nationalised, going out of business and stellar “brands” such as Merrill Lynch and Goldman Sachs being forced to restructure to survive.

House Repossessions - dramatic rise in first half of 2008

Tuesday, September 30th, 2008

The number of homes seized by lenders jumped by 48% in the first half of this year as borrowers, squeezed by the credit crunch and rising mortgage costs, defaulted at levels not seen since the early 1990s property crash. Reported on Guardian online.

How To Sell Your House Quickly

Friday, September 26th, 2008

You want to sell your house quickly. Looking at the news headlines this is easier said than done in the current economic climate. However, there are options available.

Finding a Property Cash Buyer - and dealing with them

Tuesday, September 2nd, 2008

You have decided that you want a quick sale of your property. In this market you are not prepared to “wait and see” what will happen by using a traditional estate agent. You are therefore thinking about finding a property cash buyer.

Who do you target and what do you need to think about?

Facing repossession? Don’t stick your head in the sand.

Wednesday, August 27th, 2008

With interest rates static at 5%, living costs and fuel prices rocketing increasing numbers of people are struggling to keep pace with mortgage payments, and other debts secured on property.

The Ministry of Justice said 28,658 house repossession orders were made by the courts in England and Wales in the second quarter of 2008. This was […]

House Prices Fall for a Fourth Month

Saturday, February 9th, 2008

House prices in the UK have fallen for the fourth month in a row, as higher interests rates have dented homebuyers’ confidence, according to new statistics.  According to property website Hometrack, the average house price in England and Wales fell by 0.3% to £174,700.

The best ways to sell your house

Friday, February 8th, 2008

If you have decided to sell your house, these are the options available to you. The option you chose may depend on a number of factors, like how quickly you want to sell your house, or how much you are prepared to pay estate agents and others to handle the sale.

Homeowners face greater risk of repossession in 2008

Thursday, February 7th, 2008

With higher interest rates and the effects of the credit crunch, homeowners face a greater risk of having their houses repossessed than they behave been since the 1990s.
According to the Royal Institution of Chartered Surveyors (RICS), around 45,000 homes will be repossessed in the coming year – this equates to 123 repossessions every day.
This represents […]