Question 1

How can you help me?

Accepted Answer

In many ways, we hope! Facing financial difficulties can be stressful and have an impact on other areas of your life. It can seem that there is countless information and knowledge to absorb, all within a short space of time if matters are severe.
We have tried to set out in a clear, concise manner the key information you need to guide you through most typical difficulties associated with housing. In many cases this will be sufficient for you to regain control of your financial situation or at least be well informed as you go through that process, but if you feel you still require help please do not hesitate to contact us.

Question 2

Can saving money avoid repossession?

Accepted Answer

Yes, absolutely and this is what you should focus on first and foremost. Improving your financial situation either by increasing your income or reducing your expenses will improve your ability to make payments on your home, therefore decreasing the likelihood of being repossessed or facing bankruptcy. There are numerous ways in which you can do this, please refer to our money saving tips.

Question 3

Can you buy my house, should the need arise?"

Accepted Answer

Yes, we can buy your property if it is the best option for you, avoiding the need for (and fees associated with) estate agents or other intermediaries. This saves time spent advertising, finding you a buyer and making sure they have the financial ability to buy. Ultimately this means less hassle for you, more reliability, no fees, no chain and a safe, speedier sale.

Question 4

How much does it cost to get an offer from you?

Accepted Answer

Nothing at all, our offer will be and will always remain free, and you are under no obligation to accept it. We are honest and open, and will simply tell you if we do not think we are best placed to help with your situation. Even if you decide not to accept our offer, we are happy to give you free advice which we hope will be of use.

Question 5

I am a landlord, can you still help?"

Accepted Answer

Yes, you are still a homeowner and landlords can face difficulties the same as owner occupiers do. Many landlords feel that if their property is tenanted it is unattractive to home buyers. Whilst this is true, as mortgage companies and banks typically require vacant possession as a condition of sale, we can still assist or purchase your property if it is tenanted.

Question 6

Is it essential that I have to sell my house?

Accepted Answer

No, absolutely not. There are a number of options to explore before you consider selling depending on your personal circumstances and financial situation. For example, you or your partner may only just have become unemployed in which case you should first explore reducing your expenses. Alternatively your situation may have developed and you may have been unable to negotiate your mortgage arrears or payments with your bank, in which case you may wish to consider selling. Either way we would be happy to discuss your potential options with you.

Question 7

How do you compare to a traditional estate agent?

Accepted Answer

No fees, increased certainty, flexible timescales, peace of mind and a speedier sale are a few of the key differences.
Selling a house typically involves appointing an agent, waiting for your property to be marketed, arranging numerous viewings, tidying up, decorating and repairing to increase your property’s attractiveness, no guarantees that the sale will proceed as the circumstances of buyers change, and paying legal fees and estate agent commissions. If your buyer is in a chain this reduces your flexibility further, and you have to wait before your buyer sells their property before they can purchase yours.
We do not impose these conditions, buy your property regardless of its condition and can complete the sale at a time that best works for you. There is no property chain (we do not need to sell before buying) to worry about therefore guaranteeing your sale, and we buy direct, eradicating any uncertainty that comes with waiting around for offers. We do not charge any fees or take any commission as estate agents do, and we even cover your legal costs.

Question 8

Why do you not charge for your content and help?

Accepted Answer

Most of the information and knowledge we have shared is actually readily available, but not always in one place or summarised in a digestible manner. As a small, family run team that have faced financial difficulty and successfully navigated through repossession personally, we wished at the time that there was a resource portal such as this.
If through our learnings others can also do the same, avoid bankruptcy or simply just improve their financial situation, we have served our purpose. We’d love to hear from you if you have found our information helpful, or if you feel there are any ways we could make it even better or clearer.

Help with

REPOSSESSION

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