Stop House Repossession

The thought of repossession is a frightening and stressful prospect for anyone to go through and Quick Sale Completions are here to help.

We speak to lenders and mortgage companies on a daily basis and provide free assistance for people have fallen into arrears. More often than not, we are able to find a solution without our clients even having to consider selling their property.

Should you be finding yourself in this situation, you must remember the following:

• The current economic and financial climate has put many individuals and families in this position - you are not alone;
• The banks and mortgage companies are large institutions that deal with arrears using set procedures;
• There is often a quick and easy solution to what may seem like a complex issue.

Prior to discussing any offer on your house, we will go through the options that are potentially available which may include one, or more, of the following:

• An open market sale of the property;
• We can potentially talk to your lenders about a payment plan to clear the arrears based on your current household budget;
• The possibility of a further advance / remortgage from your mortgage company;
• A 'payment holiday' from your current mortgage company and secured loan lender(s);
• Conversion of mortgage from repayment to interest only;
• Taking on a lodger to help with financial commitments.

Quick Sale Completions have a panel of legal experts who specialise in dealing with every aspect of the repossession process (read our article Understanding Repossession Procedures for more information).

Should you choose to sell your property to us to avoid repossession, we are able to operate within short timescales to put a stop to an eviction prior and, on some occasions, after the bailiffs have been instructed. We will be able to make you an offer based on your current debts or, alternatively, discuss leasing the property from you so you can achieve the full market value.

We have a freephone 24 hour helpline to provide free assistance and help as to dealing with the repossession process. We open this service to anyone with a particular property problem - regardless of whether they wish to sell their property or not.

Sell and Rent Back

Formerly a popular option for homeowners, changes in legislation now mean that Quick Sale Completions are no longer able to offer sell-and-rent-back transactions. New laws governing the process have been implemented to eliminate the 'cowboy' practices that were occurring in the industry and are therefore to be welcomed. Should you wish to remain in your property and rent it back, Quick Sale Completions will be able to offer the following options:

• Discussing referring you to a partner property buying organisation that complies with regulation;
• Refer you to an Independent Financial Area Manager (IFA) to discuss a home equity release or reversion policy;
• With our large database of landlords across the UK, we may be able to find you temporary / long term accomodation suited to your (and your family's needs).

Please complete the short form to the right and above ('FAST, 60 SECOND ENQUIRY') and one of our Property Consultants will be in touch for a confidential and no obligation chat.