Stop Repossession North East
We can stop repossession in North East: we have had a lot of experience in dealing with repossessions and our property consultants can give you relevant advice based on your circumstances. If you are in financial difficulty with mortgage payments it is beneficial to both you and your lender if you can sell the property quickly before it is repossessed — you will have more money in your pocket and your lender would also prefer you to sell rather than have to go to court for a repossession order.
One of the ways you can stop proceedings is to show that you have sold your property – simply having your property on the market may not be enough to stop proceedings – at Soldsure North East we can give you a quick house sale in North East – regardless of circumstance or the condition of the property.
Once you have an agreed price and buyer it is then possible to stop repossession proceedings.
Our process is simple and our valuations are fair and transparent: our valuations are handled by a team of professionals including RICS qualified surveyors. We believe in getting an accurate valuation to give you as the seller the best quality information and allowing you to show your lender or a court that you have achieved a fair market value.
We understand the property market North East and can make a full and final same day offer on any flat or house.
What is Repossession?
Repossession is the act of regaining vacant possession of a property secured by loan that is in default.
Should you miss three or more payments to your lender, they may begin an action – in Scotland a calling up notice may be started – the lender has to follow due legal process and can then start the repossession proceedings – it is at this point many people look for a fast house sale in North East – getting an offer and completing a sale quickly stops the lender from proceeding.
The issues around repossessions are that as well as losing your home – you lose control of the process. Banks will typically sell your house for 30% to 40% below open market value and then deduct what could be substantial costs and fees before giving you any money that might be left over.
At Soldsure North East we understand the stress that this can bring and we will work directly with you and your lender to stop repossession proceedings. Ultimately it is in both your and the lender’s best interests that the matter is settled as quickly as possible and if you manage to sell your house fast in North East it is the best outcome for all parties.
In fairness, repossessions are the last and least favoured resort that lenders take and most are keen that you find a way to clear your debt without action being taken. With Soldsure North East you can work with our experts who are not only experienced property buyers but who also understand the best way to tackle arrears and communicate with your lender. We look to remove this burden from you at what may be a stressful time by giving you best market price valuation on your property and then if it is agreeable to you, we will make a formal offer which can then be used to show that you have been successful in selling your property and that the lender need only wait for the sale to complete.
If you have to sell a property fast in North East we are the people to speak to. When you work with Soldsure North East, you can be sure that we will take care of all the hard work and hassle that is involved is selling a property. Unlike selling through a traditional estate agency, there are no potential viewers to vet and no waiting for offers from buyers. This means that the sale of your property can be convenient and fast- which is ideal if you are facing an action.
Unlike estate agents, there is no percentage of the final sale price of your property to pay, nor do you pay survey or legal fees. Once the agreement is signed and the sale is closed, the money from the sale of your property will be transferred to your bank account in a matter of days.
We understand that selling your property when facing repossession can be difficult, that is why you will have a personal account manager who understands the process and the market in North East.
We buy any house in North East and provide the highest possible standards of service and transparency – whatever your circumstances we can help, get in touch with us today.