Landlords & Homeowners - owe more than your property is worth?

Description

Landlords and homeowners, pay close attention.

Many homeowners and landlords we speak to are struggling with a situation called little equity or negative equity.

Negative equity means that your outstanding mortgage balance is greater than the current value of your property.

This can leave you feeling stuck.

If you sell, you may have to pay your mortgage lender a lump sum to clear the remaining balance.

Or you become an accidental landlord, forced to rent the property out and deal with tenants, toilets and all the other headaches that come with it.

Many people find themselves trapped in this situation.

How does it happen?

Between 2007 and 2009, house prices fell by around 20%, leaving nearly one in ten mortgage holders in the UK in negative equity by the spring of 2009.

Let's look at an example we see every day.

Imagine you bought a house for £150,000, using a £20,000 deposit and a £130,000 mortgage. Two years later, you've paid off £10,000 of the mortgage. Unfortunately, after having the property revalued, it's now worth just £100,000.

You still owe £120,000 on a property worth £100,000, leaving you with £20,000 of negative equity.

Could this be you?

If so, we may be able to help.

We can buy your property, allowing you to move on without the stress and worry of continuing to own or rent out a property you no longer want.

We specialise in buying properties in situations just like this, taking the problem off your hands.

Interested in finding out more?

What should I do next?

We can make you a free offer within 24 hours, if not sooner.

To receive an offer, without any fees or long-winded negotiations, simply click the "Get Offer" button and finally solve your problem.

By the way, there are no hidden fees whatsoever.

Get your free offer today by texting or emailing the team using the contact details provided.

Ad ID: 1800909596