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Archive for Sell My House Fast

Trouble in the London Property Market

London Property MarketThere’s no denying that the property market in the whole of the UK, and especially in London and the south east, has undergone some turbulent times in recent years. The financial crisis of 2008 caused prices to fall quickly, and in many areas of the UK prices have still not recovered. Buyers are struggling to get mortgages as lenders tighten up their criteria for lending, and first time buyers have to have a massive deposit before even being considered for a mortgage.

Gone are the days of 100% mortgages and this is having a dramatic effect on house sales. Many people who would in the past have been in the market for buying a new house are either staying put or improving their current property with an extension or other home improvements to make the additional space they require.

70% of property unsold in current property market

A recent investigation by the well-known property search engine RightMove has found that 70% of properties which have been put on the market since the beginning of 2011 are still not sold. Although the situation in London and the south east may not be as severe as in other parts of the country, there are a still a large number of sellers who are finding that their property is very slow to sell. Buyers have lost confidence in the market in general and many are preferring to stay where they are, or stay in rented accommodation until they see things beginning to pick up and prices start to rise again. Chains are falling apart as a series of buyers and sellers find themselves in the position of not being able to move into the property they had set their hearts on.

Competitive pricing

The other finding in the RightMove study was that it is the middle of the market properties which are selling most quickly. Property which is competitively priced will always find a buyer, whether it’s a buyer looking to move into the area, or a buy to let investor. Not everyone is in the situation whereby they can slash the price of their property to guarantee a sale though, especially those geographical areas of the market where prices have fallen and householders are finding themselves in negative equity.

Recovery and growth

Signs are though that the economy is starting to recover from the crash with growth noted in the first quarter of this year and predictions that slow growth will continue. Kick starting the property market will help considerably with getting the housing market in particular and the economy in particular back on track and seeing “sold” signs going up around the neighbourhood will give more confidence and hope to other sellers who are either thinking about putting their properties on the market or who have been struggling to sell their property for a few months or longer.

One of the methods of selling your home which involves the least stress and hassle is to sell to us “Sell My House – Fast – London”. We are London Property Buyers that buy all sorts of property all over London and can save buyers huge amounts of both time and money in current London Property Market.

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Avoiding Squatters

Reducing the Risk of Squatters Moving into your Unoccupied Property

Sell House Fast London to avoid SquattersCan you imagine the horror of a squatter living in your house? A squatter is a person who resides in an abandoned or empty property rent-free, whereby the owner’s permission has not been given, commonly without the owner even knowing about the squatter’s intention to occupy the property. Squatters may be opportunists; however there are also organised networks whereby advice is given to potential and existing squatters, with specific properties often being discussed. Read more!

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Sell Your House Fast to avoid eviction

Tuesday, May 24th, 2011

Stopping you from Being Evicted from your Home

Sell House Fast London - Avoid EvictionHave you received an eviction notice but would like to keep hold of your home? A formal eviction notice is the last document, issued by the court, which you will be given prior to having your property taken off you. Receiving this notice can seem highly daunting, particularly if there is some equity in the property and you are in jeopardy of losing it. Read more!

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Avoiding Home Repossession

Tuesday, May 17th, 2011

Sell my House – Fast – London can help you to Avoid Re-Possession

Sell House Fast London - Money ProblemsDealing with repossession of your property can be a highly distressing experience, particularly if it has been your home for several years and you have already paid a large chunk of the mortgage off.

Although the number of people experiencing mortgage arrears, and consequently having their home repossessed, has fallen due to the current low interest rates, it is expected that many homeowners will struggle with paying their mortgage, and thus resulting in arrears and repossession, in 2011, due to spending cuts and its impact on employment and salary levels. Read more!

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How To Avoid Repossession

Wednesday, December 15th, 2010

Facing possible eviction? There are alternatives. Avoid Repossession

Sell My House - Fast - London - Avoid Repossession

1. Rent Out The Whole Property to avoid repossession – If you let your whole property to a family, the tenancy will normally be an Assured Shorthold Tenancy (AST). Renting is a very vast subject that I could write 100’s of pages on, to keep this report short I have listed only a few bullet points below, I would recommend Google searching ‘How to Rent my Home’ where you will find an abundance of information. Read more!

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Sell and Rent Back

Monday, November 15th, 2010

6 Potential Pitfalls as a Homeowner of Sell and Rent Back (SRB):

Sell My House - Fast - London - Sell And Rent BackSelling your property through a sale and rent back scheme allows your mortgage debts to be initially cleared and for you to stay in your home. However, you need to keep in mind that if you decide to sign up to such a scheme, you will no longer own your home and could still be evicted if you fall behind with your rent. A list of some of the pitfalls can be seen below: Read more!

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