Are you considering home equity release? Why not sell your house for cash?

It should be clear from the start that home equity release is a drastic property solution that should only be considered in severe cases of financial difficulty. An impending repossession order, escalating consumer debt or the sudden death of a breadwinner are some examples of monetary emergencies that call for the release of home equity.

Read on to find out why home reversion and other equity release schemes often do more harm than good, and finally, discover the safest – and fastest – way to release equity in the above-mentioned scenarios.

The drawbacks of home reversion and other equity release schemes

A growing number of asset-rich, cash-poor pensioners – among other homeowners – are opting for home reversion schemes despite warnings from authorities that these products are risky and largely unregulated.

Essentially, home reversion entails signing away your home equity, or a portion of it, to an investment company in exchange for a cash loan. These loans are usually tax-free, and homeowners are permitted to reside in their homes as tenants for as long as they wish. The loan is settled and the cumulative interest paid when the homeowner passes away or the property is sold.

Sound good so far? Take a moment to consider some of the disadvantages. Firstly, in the context of an unpredictable property market, one safe prediction is that property prices tend to rise. This means that if your equity release agreement translates to 40% of your property’s value today, you will be held liable for that same percentage when you decide to sell in future – even though chances are that it will be worth much more then.

Secondly, unscrupulous property investors have been known to take advantage of ignorant homeowners by not explaining the terms and conditions of the reversion agreement in full. For example, they emphasize the fact that homeowners do not have to pay interest every month, but conveniently fail to explain how the built-up interest will affect their profits when they eventually do decide to sell. The question is: Can you afford to gamble with your most valuable asset?

Introducing an alternative to equity release

Consider the following three case scenarios that urgently call for home equity release, find out more about MPG’s solution, and take your time to decide whether or not it could work for you.

Are you facing the threat of home repossession? You need to release more equity than an auction would allow, much faster than an estate agent could facilitate. Do not revert to desperate measures; relax, and find out more about MPG Investment’s ground-breaking offer. We can purchase your home in just 7 days, without the hassle and stress you have come to associate with selling a home. Thanks to MPG Investments, you can access your home equity in as little as a week and avoid repossession!

Is your consumer debt escalating beyond your control? Simply take advantage of our offer to sell quickly and safely, and settle your debt one week from today! What’s more, we are committed to confidentiality, so nobody has to know about your financial issues.

Finally, you may have experienced the death of a breadwinner. You may have your children’s futures to consider, which obviously compounds matters. Why not sell your home to MPG and release the equity you need to support your family until you are able to find work? Furthermore, you can take advantage of our offer to Sell and Rent Back, which will solve your financial and accommodation concerns simultaneously without causing any additional disruption for your children.

What are you waiting for? Contact us for your equity release options today!