According to Shelter, the UK housing and homelessness charity, as many as 53 000 home repossessions are likely to take place this year alone. A spokesperson of the charity said that the number of repossessions could even exceed levels recorded in 1993, when the property market crash of the 90s was taking its toll on homeowners.
Property market experts contend that the high occurrence of home repossessions is largely due to the fact that more and more homeowners are taking out second mortgages on their homes. Studies show that these loans are often spent on holidays, renovations or debt.
Is the threat of home repossession bringing you down? While the idea of a second mortgage may seem appealing in a time of financial crisis, it is always a good idea to consider your options carefully. After all, is it really wise to deal with debt by signing up for some more?
There is more than one way to avoid repossession. Keep reading for an innovative solution from MPG Investments.
Irrespective of how hopeless you think your situation is, we are here to tell you that there is hope until the day arrives when they actually take your home away from you.
One way to avoid repossession is to sell your property to a reputable cash buyer such as MPG Investments. Our financial muscle and years of experience in the industry puts us in a position to purchase your property – for hard cash – in just 7 days. This way, you can use the proceeds of the sale to avoid repossession, settle all your debt and move on with your life. Before you know it, you will have enough cash to buy your next home. And with house prices as low as they are at the moment, chances are you will be able to get a really good deal!
The great news is that you can sell to MPG today without having to leave your property! You can stay on in your own home until you are ready to purchase again. Thanks to MPG Investments’ Sell and Rent Back solution, you can rent your own home back from us at a reasonable monthly rate for up to three years after the sale. This way, nobody needs to know that you are experiencing financial problems, or even that you have sold your home in the first place!
At MPG Investments, we take pride in our transparent way of dealing with home sales. As opposed to some estate agents or property buying companies who often disappoint sellers with fine print, “extra” deductions and hidden fees, you will know the exact cash amount MPG will pay for your home before you sign anything.
Call us on 0800 634 9231 today to speak to a qualified agent who will answer all your questions and address whatever concerns you may have. Alternatively, explore our website for more information about our offering or to read the testimonials of some of the people we have helped in the past. Don’t become a statistic; avoid repossession today!
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