Selling a property with subsidence problems is nearly impossible because no mortgage company will lend on a property that has a history of subsidence.
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Problem properties cause many sleepless nights. Other sales methods cannot bypass these problems. Maybe the property simply needs a lot of work, it's on a short lease or there's new development nearby. It could be a problem with structure, subsidence or problem tenants.
It doesn't matter what the problem with your property is, MPG are still interested. With MPG Investments you can sell your property to us fast because we are a cash funded buyer with no need for a mortgage company to approve our purchase. After the purchase we solve the problem.
Sounds painless? It is. MPG Investments can buy problem properties in 7 days.
Selling a property with subsidence problems is nearly impossible. This is because most buyers will need a mortgage and no mortgage company will lend on a property that has a history of subsidence. This is a classic situation of where the traditional method of selling a property through an estate agent, can let property owners down. However for MPG Investments subsidence is not a problem. We can buy properties with subsidence because we don't need the approval of a mortgage company.
No problems. MPG Investments - sell your house today.
The challenge with a short lease is that the value of the property falls in relation to the amount of time left on the lease. Below 80 years the value falls away quite fast. This is because the leaseholder has to pay an amount (roughly equal to the fall in value of the property) to the freeholder to extend the lease again. This makes it impossible for a normal mortgage funded buyer to purchase the property. MPG, a cash buyer, is the realistic solution.
No shortage here. MPG Investments - sell your house today.