I get calls everyday from sellers who need information about negative equity. A staggering number of UK homeowners are in negative equity in 2011. This means you owe the bank more on your home than it’s worth on the open market. If you don’t need to sell it’s not a big problem. But, if you [...]
Author Archives: Gary
Can I Sell With Negative Equity?
Posted in low equity, Negative Equity, Negative Equity News, no equity Tagged 100% of market value, 85% of market value, 90% of market value, a quick sale, can i sell with no equity, low equity, Negative Equity, negative equity london, private house sale, property buyers, sell my home negative equity, selling with negative equity, what to do about negative equity Leave a comment
Help That the So Called Experts Can’t Give!
My wife sent me this article from The Guardian today. It’s from a series called Ask The Experts: Homebuying. Are You Experiencing Problems with Your Home Because of Divorce or Separation? Unfortunately, this so called ‘expert’ answering this question about her home in a divorce and how hard it is to remortgage doesn’t seem to [...]
“Housing Market is Worst Ever” Sellers “Stuck For Years”
Will YOU Be Stuck on The Market For Years? Mortgage Lending in 2011 down 94% on 2007! The Council of Mortgage Lenders this week admitted that mortgage lending was at it’s lowest level in a lifetime. What does this mean for you as a seller? Well, it’s very serious because it means that even fewer [...]
Posted in 100% Market Value, Negative Equity, Property Market News, remortgage, Sack Your Estate Agent Tagged 100% of market value, 85% of market value, 90% of market value, a quick sale, buy to let remortgage problem, buyer pulling out, can I get a mortgage, can't sell my home, companies that buy houses, full market value, full price for my house, help with repossession, state of housing market, uk housing market Leave a comment
40% of Houses Will Fail to Sell at All This Year!
That means four out of ten sellers can forget the idea of selling and moving home in 2011. Where does this comment come from? From the Estate Agents’ own website where they all get together and moan about each other. Property expert Peter Hendry published a piece on their website last week to aks agents [...]
Posted in 100% Market Value, companies that buy houses, Estate Agents Fees, low equity, Property Market News, Sack Your Estate Agent Tagged 100% of market value, 90% of market value, a quick sale, Axe your Agent, BBC Axe the Agent, cash house sale, companies that buy houses, Estate Agents fees Leave a comment
Mortgage Lending Down 29% in January 2011
This is the worst possible news if you’re trying to sell your home today. How does it affect you as a seller? If mortgage lenders are not lending – either people have lost faith in property and are not making applications or lenders have stopped lending to all but gilt edged borrowers, then who has [...]
Posted in 100% Market Value, cash property buyers, companies that buy houses, Negative Equity Tagged 100% of market value, 85% of market value, 90% of market value, buy to let remortgage problem, cash house buyer scams, companies that buy houses, sell my house in hertfordshire, sell my house in london Leave a comment
Pamela B. Sold Her House in 30 mins. Watch Here.
Pamela was in arrears with her mortgage company and they were calling her night and day. Tenants had trashed the house and her letting agents had been ripping her off. She was struggling to keep her own roof over her and her childrens’ heads. The she called my colleague Ivan and we worked together to [...]
Posted in cash property buyers, companies that buy houses, low equity, Negative Equity, Negative Equity News, no equity, possession order Tagged 100% of market value, 90% of market value, a quick sale, accidental landlord, big issue repossession, buy to let remortgage problem, Can i rent out my home, can't sell my house, cash house buyer scams, help with repossession, Negative Equity, Stop repossession, stop repossion, uk homebuyers Leave a comment
Buy My House Scams Cash Buyer Scams Too Good to Be True (Etc…)
Buy my house scams – Cash for houses scam I get a lot of people searching on Google to see if companies that offer to buy your house fast for cash are a scam or some kind of fix. Of course, it’s possible that some cash property buyers are not what they seem. Unfortunately, we [...]
Posted in 100% Market Value, low equity, Negative Equity, Negative Equity News, no equity Tagged 100% of market value, a quick sale, best price for my house, can't sell my home, can't sell my house, cash house buyer scams, cash property buyer scams, Negative Equity, sell home to relocate, sell my house fast, sell my house for market value, selling with negative equity Leave a comment
When Will Interest Rates Go Up in the UK?
Will interest rate rises cause another double dip recession in 2011? You bet! There is really little doubt that whilst the government’s measures to tackle the huge deficit may be the right thing to do, the effect of that is that we’re all feeling pretty miserable about the present and even the future. What does [...]
Donna & Steve W, Sold Their House FAST. Watch Video
Donna & Steve W from near Loughborough contacted me because they were struggling to sell their home and really struggling to keep paying the bills. They were pretty close to losing their home, but by acting in time there was a happy ending. They sold the house (for market value!), moved on and are now [...]
Posted in 100% Market Value, low equity, Negative Equity Tagged 100% of market value, 90% of market value, a quick sale, best price for my house, Can i rent out my home, can't sell my home, can't sell my house, cash for house, cash house sale, cash property buyers, companies that buy houses, Negative Equity, no equity, no equity in my home, sell home to relocate, sell my house fast, suspended possession order Leave a comment
3 Million Struggling to Pay Mortgage
According to a report in today’s Guardian, 3 million Britons are struggling to pay their mortgage payments each month. This is despite the lowest Bank of England interest rates in living memory. Many homeowners are still on mortgages that they fixed back at the beginning of the recession. Yesterday I spoke to a seller in [...]
Using a Form N244 to Stop a Possession Order
What is a County Court Form N244 If you are facing repossession and you urgently need to ask to Court to hear or read new evidence (for example if you have paid some arrears, or if you have a plan for arrears repayment) then you need to ask the Court for an emergency hearing with [...]
Posted in n244, possession order, Repossession Tagged 100% of market value, baillifs warrant, cash property buyers, citizens advice bureau, county court, debt management plan, form N244, house sale costs, long term, long term rent back, losing my home, low equity, minimum payments, Negative Equity, no equity, possession order, remortgage, reposession, repossesion, Repossession, Sack Your Estate Agent, stop eviction, suspended possession order Leave a comment
I Can’t Sell My House – Not Enough Equity
“I can’t sell my house because I owe my mortgage lender more than my house is worth and every month I’m paying for a house I can’t get rid of. I just want to move on…” Ouch. That’s what a seller told me recently when she called to ask me to help. She was struggling [...]
Posted in 100% Market Value Tagged 100% of market value, companies that buy houses, full market value, house prices, house sale costs, housing market, mortgage rescue, property crash Comments closed
