How can I sell my property in an uncertain housing market?

Currently, the UK housing market is experiencing a significant degree of turmoil. Property prices have fallen considerably, and experts predict that this trend will continue as a result of a decline in UK house sales. On the back of interest rate hikes, diminishing consumer confidence and uncertainty in the financial markets, it is hardly surprising that home sales in the UK have taken a nosedive.

But worse news yet for current homeowners hoping to sell in the near future is that this downward spiral isn’t expected to improve any time soon. In fact, it is widely believed that the UK economy will experience lower growth in 2008 than in previous years. What does this mean for homeowners in the UK – particularly those who are hoping to sell a property in the foreseeable future?

I want to sell my property. What obstacles do I face?

If you’re a homeowner desperate to sell your property, you face several challenges at present. Because house prices have declined, you’ll probably be forced to sell your property for less than you would have liked to – and that’s if you find a buyer at all. Despite lower property prices, many consumers are feeling the pinch of higher interest rates, and are thus unable to afford to buy property at present.

Moreover, the so-called “Credit Crunch” has had a serious effect on the UK mortgage market, and has led to the removal of many easy-credit home loan options. Essentially, it is becoming increasingly difficult to attain the credit needed to purchase a home and – thanks to higher interest rates – keep up with the monthly repayments. In the past year, the number of home repossessions has doubled, with approximately 34 000 properties expected to have undergone foreclosure in 2007, as opposed to 17 000 in 2006. Furthermore, analysts foresee the number of repossessions continuing to skyrocket in 2008.

Lastly, if you’re the owner of a home that has at least three bedrooms, you’re compelled to acquire a Home Information Pack (HIP) before you attempt to sell your property. Not only will this stack of documentation cost you up to £1 000, but it takes time and energy to put it together. If you need to sell your home as fast and affordably as possible, now is clearly not the time to be putting a property on the open market, or attempting to sell privately.

I can’t sell my property! What should I do?

It’s hardly surprising that homeowners are struggling to sell their properties during this uncertain time – yet this is of no consolation to those who are desperate to sell in order to overcome a pressing financial crisis. Repossession, for example, is a harsh reality for many homeowners who simply can no longer afford to keep up with mortgage repayments. The trauma and humiliation of foreclosure is something that every homeowner dreads, and tries to avoid at any cost.

Yet, if you can’t sell your home, what else can you do but wait for that eviction notice?

You can turn to MPG Investments for a fast, reliable and discreet answer to your current financial predicament.

Widely regarded as the UK’s leading property buying company, MPG Investments is guaranteed to purchase any home, in any condition, anywhere in the country. Rising interest rates, market instability and credit restrictions have no effect on our buying power, which means that you can always rely on us for a home sale that is quick, hassle-free and completely transparent.

How do I sell my property to MPG Investments?

Selling your home to MPG is an infinitely simple, fast process. Once you’ve contacted us telephonically or via our website, we’ll send a valuator to your home for a free property value assessment. Within just 48 hours of the assessment, we’ll make you a guaranteed cash offer for your property.

The amount we offer you will be approximately 15 to 25 percent below the home’s market value, but it will be exact sum you’ll receive upon completion of the sale. In other words, selling to MPG is completely fee free – there are no estate agents’ fees, no commissions and no hidden costs. In fact, you’ll even enjoy free legal fees when you make use of our professional property solicitors – or £500 towards legal costs if you choose to employ the services of your own attorney.

Best of all, a sale to MPG is fast. We’ll give you cash for your home in only 7 days, enabling you to overcome your crisis and move on with your life as quickly as possible. This is particularly comforting to those facing the threat of repossession, and who need to sell their homes as quickly as possible.

Unstable property market? MPG is GUARANTEED to buy your home

You’ll never have to worry about the state of the UK housing market when you choose to sell your property to MPG Investments. A sale to us is absolutely guaranteed – and it may just save you from the devastating repercussions of unsettled debt.

Contact MPG on 0800 634 9231 to find out more about our fast home sale solutions – and to discover how we can help you overcome your debt today.