Your guide to selling a house during the credit crunch

Halifax controls 20 percent of Britain's mortgage market, and the two increases will add more than £1,000 a year onto a typical £158,100 loan, eating further into the budgets of cash-strapped homeowners.

This latest shock comes amid reports that 1.4 million borrowers will have to apply for a new mortgage this year, as their fixed-rate deals come to an end. Lenders have been pulling cheap fixed rates, cutting the maximum loan-to-value and tightening their lender criteria as problems in global money markets continue.

Selling a house and looking for help?

So is there an easy way of selling a house and getting rid of your mortgage during the credit crunch?

MPG Investments offers the perfect way to sell a house. All it takes is one phone call and your house sale will be in the hands of the UK’s expert property investors.

Use these guidelines to make selling a house a breeze

Phone MPG on 0800 634 9231 and put the wheels in motion to sell your house in only 7 days.

Once you have contacted MPG, your house will undergo a free property value assessment within only 24 hours.

You will receive a guaranteed cash offer 48 hours after the property value assessment. The cash offer is the exact amount that will be transferred into your bank account – no commissions, fees or charges will be deducted.

MPG’s convenient cash property sale system enables you to pay off your debt and continue with your life without the stress and worries of a mortgage keeping you up at night.