It’s one of the calculated risks of homeownership: Investing your hard-earned money into an asset that isn’t particularly liquid has the unfortunate implication that selling your house at short notice is virtually impossible – if you’re selling it on the open market, that is.
Although UK homeowners do have the option of cashing out their home equity by means of home reversion plans or similar equity release schemes, these are often fraught with risk – and unacceptably high interest charges! Yet the reality is that thousands of homeowners are confronted annually with a range of life situations that don’t allow for much financial latitude.
Cash flow issues are often cited as one of the primary reasons for home reversion or equity release. You could be going through a divorce, be experiencing temporary unemployment. Perhaps you are emigrating or relocating to secure the job of a lifetime in another city.
The one thing these situations have in common is that you have an asset – but you need a cash injection, and you need it fast. Although equity release will give you a lump sum of cash in hand, it is notorious as a short-lived quick-fix. Once the interest charge repayments catch up with you, your initial financial situation could become even more dire.
Disturbingly, this could lead to home repossession – and the accompanying loss of the rest of your home equity!
If you are in a tight spot financially, chances are that your creditors won’t be happy to wait up to a year for your house to get sold on the open market. Estate agents may make ambitious predictions about the final selling price and the time required to complete the sale – yet none of these are guaranteed. Add to this the hidden fees and “surcharges” that characterise estate agent property sales and you are destined to forfeit more of your home’s value than you bargained for.
As time passes, your financial pressures and risks will mount. Even once your home has been sold, it could still take months before you have the hard cash in your pocket, effectively rendering this option useless if your cash flow problem is urgent.
The first prize in property selling – regardless of one’s financial or life situation – will always be a cash buyer. When someone buys your house for cash, there are no bond applications, no property chains or risky conditions of sale. Yet cash property buyers are few and far between on the open market, and they’ll almost certainly be inclined to drive a very hard bargain.
These realities make many homeowners economic hostages, and force them to opt for home reversion or equity release, despite the associated risks and costs. Yet given the implied time constraints, what other options do they have?
MPG Investments identified the homeowner’s need for a fast cash property sale that releases equity without incurring interest fees. We realised that UK homeowners, at times, needed to secure a quick, unconditional property sale!
Given the urgency and prevalence of this market demand, we set about streamlining a property buying process that is geared towards taking property off home sellers’ hands – within 7 short days!
Selling your home to MPG, the UK’s leading home buying company, is the fastest way of getting hard cash for your house. Once you contact us for a free property value assessment, we’ll visit your property within 24 hours. Within 48 hours, we will present you with a guaranteed offer to purchase your house for cash – it’s that simple! Other property buying companies could charge up to Ł1000 just to make an offer - at MPG our value assessment is absolutely free – all part of our “No Fee” Promise. All we ask is that you are serious about selling to MPG.
Once you accept this offer and give us the go-ahead, we can complete the entire sale within a week. And, in stark contrast to virtually any other property selling or home equity release transaction you could opt for, you will have the money deposited in your account during the same period!
With MPG, there are no extended waiting periods before payment; you can immediately set about solving your financial predicament, while also renting your home back from us at a market-related rate!
The impact on your day-to-day existence will be minimal, yet you’ll be in a position to settle mounting debt or get on with your life within days. When we say “fast cash for houses”, we mean it!
Contact us today on 0800 634 9231 to request a valuation of your property, and get on with your life today! Our professional home buying experts are waiting for your call.
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