The repo man cometh?

The good news is that home repossessions have fallen in the first quarter of 2010. According to the Council of Mortgage Lenders (CML), repossessions were down 7.5 per cent on 2009.

The bad news is that tens of thousands of people in the UK will still have their lives wrecked by home repossessions this year.

While many have been saved from losing their homes by the mortgage rescue scheme introduced in England by the previous government, there's still no guarantee that this will be retained by the new coalition.

Lenders, as well as agencies like Citizens Advice and Shelter have urged the chancellor George Osbourne to remain committed to the scheme. But it could be one of the savage cuts that the government will be forced to take to reduce the nation's deficit.

Couple this with rising unemployment and interest rates, and many thousand more householders could find the bailiffs breaking down their doors.

It's a horrible and humiliating position to be in. But we at UK Quick Sale can help, by offering beleaguered householders the least worst alternative to repossession. We can buy a house quickly, making a guaranteed offer, allowing the struggling homeowner to pay off their outstanding mortgage and start again.

On some occasions, we have completed sales quite literally as the bailiffs arrived outside the house...though we certainly don't recommend taking things right to the wire like that!

Normally we can complete a sale within 30 days but sometimes have had to move faster.

Mr Keith Cameron of Blackburn, Lancashire, fell behind with his mortgage repayments in 2008 after being made redundant from his job as a sub editor on a major newspaper.
"My wife and I struggled to keep paying the mortgage. For a while we were able to cover the interest, but we had other debts and I wasn't able to find work. We went through the redundancy money very quickly. We missed three payments on the mortgage. We put the house on the market but it wasn't generating much interest. We couldn't afford to do any work to increase its value. I saw an advert for UK Quick Sale online. We approached them and several other similar companies. In the end we decided that they offered the best service and sure enough we were able to complete the sale very quickly. It allowed us to cover the outstanding mortgage and pay off some of our other creditors. Obviously it's not a happy situation to be in, but things could have gotten so much worse."

"These are stressful times. The property market is still sluggish. We hear from desperate people every day, householders who have been registered with estate agents and have dropped their asking prices lower than the real value of their houses and still have little interest from potential buyers. We can make a fair offer within days and compete the sale quickly. It's not great, being forced to sell, but at least by coming to us, we can guarantee that we will buy. For thousands of our customers, that's has been reassuring," says UK Quick Sale's Cheryl Jones.

NOTE TO EDITORS

An independent UK property buying company operating from Central London since 2002 and buying property for cash all over the country, UK Quick Sale is independent and remains privately owned by the founding Directors. All our employees are experienced industry professionals and trained to an extremely high standard.

We deal with every enquiry sensitively and promptly, helping clients get cash for their homes when they need it.

CONTACT

UK Quick Sale on 08456 341 456 (Lines are open 24 hours a day 7 days a week)

Cheryl Jones
cheryl@uk-quick-sale.co.uk
www.uk-quick-sale.co.uk