Property investors and homeowners: Need to sell fast?

This year, several interest rate hikes, combined with tightening credit conditions, has led to a rise in the number of people renting property in the UK. According to the latest survey by the Royal Institution of Chartered Surveyors (RICS), the demand for rental property has stabilised and the need for flats has decreased due to a surplus of available flats on the market.

Some property investors, such as those who own family-sized homes, are benefiting from the so-called “Credit Crunch”, as would-be homeowners are forced to rent, rather than buy, during this uncertain period. However, homeowners who wish to simply sell their houses are struggling to find buyers, while property investors who own flats are desperate to sell as a result of the oversupply of flats.

In the midst of all this uncertainty, property investors and private homeowners alike are faced with the same problem: Owing a home that nobody wants. As the value of these unwanted homes decreases with each passing day, and prospective renters and buyers seem more and more elusive, the frustration of these property investors and homeowners continues to mount. For individuals desperate for cash for their houses, what is the solution?

Property investors: Sell to MPG and get cash for your home today

If you are a private homeowner desperate to sell your home, or one of the many property investors simply struggling to rent out a flat, you’ll be relieved to know that there is an easy solution to your predicament. MPG Investments is guaranteed to purchase any home or flat, in any area of the UK, regardless of the property’s current condition. Moreover, we can complete the sale in as little as 7 days, which means you won’t ever have to deal with an unpleasant repossession.

And repossessions are the harsh reality facing thousands of UK homeowners each year. In fact, in the wake of the recent housing market slowdown, the number of home repossessions has almost doubled – up from 17 000 in 2006 to nearly 34 000 this year. Worse news yet for homeowners is that market analysts expect the number of repossessions to continue to climb in 2008, as homeowners fail to keep up with rising bond repayments.

While it has always been difficult to sell a home quickly, some homeowners facing repossession have been lucky enough to find a buyer at the eleventh hour, just narrowly avoiding a nasty foreclosure. But, as it is now more challenging than ever to sell a home in the uncertain property market, those facing repossession are becoming increasingly desperate to find a way out of their financial crisis. They are unlikely to find a buyer quickly – let alone in a matter of days or weeks – as many other homeowners are facing a similar predicament, and others who do wish to purchase a home just cannot afford to.

Property investors, too, may find themselves in the same boat. With their buy-to-let investment properties standing empty and no tenants to help cover bond repayments, many property investors are quickly heading into arrears. And of course, the more homes and flats are repossessed, the more the housing market becomes flooded with available properties – making it harder still to find tenants to fill property investors’ empty homes.

Looming foreclosure? Stop repossession quickly with MPG

MPG’s solution is simple: We purchase your home for cash, and deposit the amount into your bank account in just 7 days. Even if repossession proceedings have already begun against you, it’s not too late to turn to MPG for a fast cash solution that will clear you of your debt and enable you to move on with your life in a matter of days. You don’t have to put your family through the humiliation and turmoil of a home repossession. And it is possible to sell that investment property to a home buying company, rather than losing it as a result of foreclosure or at an auction.

At MPG, our policy is straightforward and transparent. We’ll valuate your home within just 24 hours of your call, and we’ll make you a guaranteed offer on the property. The cash price we offer you will be approximately 15 – 25 percent below the home’s market value. However, it will be completely free of fees, and you will not be faced with any hidden costs, commissions or agents’ fees. The property value assessment undertaken by MPG is free – and, should you opt to make use of MPG’s recommended solicitors, you won’t have to pay a penny in legal fees either.

Property investors and private individuals alike are able to sell their homes fast when they turn to MPG Investments. Isn’t it reassuring to know that, even during a tumultuous phase in the property market, you’ll always have a willing homebuyer ready to purchase your property?

Contact MPG Investments today on 0800 634 9231 if you’re serious about selling your home quickly and affordably, and discover why we’re recognised as the UK’s leading home buying company.