Flats For Rent London

When it comes to achieving fast house sales, sitting around thinking â??Iâ??ll never sell my houseâ? is not going to get you anywhere. Instead consider the following three options, any one of which could be the key to your fast house sales dilemma:

Option 1 â?? Estate Agents

Think about what you want to achieve: To ensure I can sell house quickly in a tough market, I need to ensure it is priced as cheaply as possible to look attractive in the agentâ??s books. I need to give myself the best chance of a fast house sale; Iâ??ll de-clutter, neutralise and make it easy for the agent to show to potential buyers- they will be far more likely to want to buy my home if they can envisage their life there.

Option 2 â?? Sell and rent back

This sort of equity release is not encouraged unless as a last resort because too many quick sell-to-rent-back companies advertising equity release services are not well capitalised enough to ensure they will continue paying the mortgage. In the short term home equity release may solve the problem; however in the long-run this could leave you facing eviction if the flat or house is repossessed. If you canâ??t afford to pay the mortgage, you probably canâ??t afford to pay the rent over the long-term either.

Option 3 â??Property Investment or cash homebuyer companies

I need to sell my house quickly and I donâ??t have time to wait for an estate agent to find individual buyers to buy my home.  Iâ??ll sell my house to a property investment company or London cash homebuyer like SecureASale.

SecureASale is uniquely positioned as a cash purchaser to enable you to achieve an urgent sale. SecureASale can normally exchange contracts in 48 hours and complete in under a week, putting an immediate stop to all those â??sell my houseâ?? worries.

‘Sell my house fast’ specialist, SecureASale has today highlighted the pitfalls to sellers that selling a property to rent it back throws up.LONDON, UK- Property quick sale expert, SecureASale has today issued a report on the severe downsides to selling a property in order to rent it back again.SecureASale company director and UK property market expert, Tim Jackson said, “If you are in financial difficulties and are thinking, “i need to sell my house fast”, then a quick sale to a cash homebuyer (like SecureASale) can often help to get you back on track.”He continues, “Many companies also offer you the option to rent back your home from them once the sale is complete. While this is advantageous for the new owner (as they often take all the rent upfront and have a guaranteed tenant in the property), it is very rarely in the best interests of the seller, unless it is only for a very short period of time. If you can no longer afford to pay the mortgage on your home, then you probably won’t be able to afford the rent either as the new owner has to ensure that the costs on their own finances are more than covered.”Jackson also went on to highlight the fact that most struggling homeowners who require equity release services are far better off downsizing to a smaller home and either purchasing or renting a cheaper property elsewhere. SecureASale’s experts have also warned of the dangers of choosing an unreliable buyer. Jackson comments, “If you have found yourself in a position where you absolutely have to rent back your property from the new owner, please ensure that the homebuyer company you choose is a well-capitalised, cash-funded business and research them thoroughly before you take the plunge. This is important as many so-called quick sale, cash for homes experts fail to keep up payments on mortgages they secure on homes they have bought and the property ends up being repossessed by the bank. This leads to the tenant being forced out, often having paid a substantial ‘rent’ upfront to the new owner. “Whilst an opportunity to release home equity is always tempting, especially when coupled with the idea of remaining in your current property, not every quick sale cash homebuyer has the funding to ensure your dream doesn’t turn into a real life nightmare.”Whilst overall, rents are likely to continue to fall in line with plunging interest rates, incomes are also falling fast across the UK and job losses and company liquidations are rife. Ensuring you choose the right buy to rent back expert- so you don’t end up homeless and out of pocket- has never been so important. With a surplus of property available for rent thanks to the market crash, renters can, in many ways, take their pick.For more advice on selling a property in order to rent back or any other property issues, please visit http://www.secureasale.co.uk or ring 020 7117 6001and ask to speak to one of SecureASale’s directors, who have over ten years of experience in the UK property market.For all press enquiries please contact:info@secureasale.co.uk(020) 7117 6001Head Office:14b Pond SquareLondon N6 6BA

Cooling Property Market

It is of little surprise that recent interest rate rises have taken its toll on house prices across the UK. The number of new mortgage approvals in the UK fell to a 12-month low in April, Bank of England figures show. Mortgage approvals totalled 107,000 in April, down from 111,000 in March and the third monthly decline in a row. In a further indication of weakening buyer demand mortgage lending rose by £8.9bn, much less than expected and the weakest rise since September

“The Bank of England will be comforted by today’s news which shows its monetary tightening is taking effect,” said Thushani Gajasinghe, an economist at the Centre for Economic and Business Research.

“With a further quarter-point rate increase possible in the third quarter, consumer lending may cool further.”

But now, after a fourth quarter-point interest rate rise in just nine months – and another seemingly on the horizon – are the bears among the property commentators finally about to be proved right?

So what does this all mean for the property market at the moment?

It would seem to reconfirm that we are essentially in a flat market still, except London who are experiencing double digit growth still. All this may change off course if interest rates rise any further, as those with the largest mortgages will be hit the hardest. This could mean a transition in the market as people downsize to cheaper properties creating a demand for first time buyer properties. It all boils down to the old fashioned fundamentals of affordability.

Property indices suggest growth had already started to cool off in the months preceding last week’s base rate rise.

Research from Nationwide, for example, showed that average house price growth between February and April fell to just 2 per cent – the lowest three-monthly increase since last August, when the recent cycle of rate rises began.

Prime locations such as London are also more immune to interest rate rises because of a high level of cash buyers and overseas investors. But other areas – such as the north-west and the East Midlands – are more vulnerable. Although wages have also increased, homeowners are having to set aside a higher proportion of income to cover their mortgage.

If you are having difficulties with servicing your mortgage debt, Sell Your Home Quick are happy to provide advice on getting your payments back on track. And we will endeavour to help those unfortunate to have repossession orders up until the last few days of eviction.

Yaz is the founder of sellyourhomequick.co.uk. The site is to help those who wish sell their house quickly, professionally and with minimum hassle.

sell house quick,sell and rent back,stop repossession

“The Bank of England will be comforted by today’s news which shows its monetary tightening is taking effect,” said Thushani Gajasinghe, an economist at the Centre for Economic and Business Research.

“With a further quarter-point rate increase possible in the third quarter, consumer lending may cool further.”

But now, after a fourth quarter-point interest rate rise in just nine months – and another seemingly on the horizon – are the bears among the property commentators finally about to be proved right?

So what does this all mean for the property market at the moment?

It would seem to reconfirm that we are essentially in a flat market still, except London who are experiencing double digit growth still. All this may change off course if interest rates rise any further, as those with the largest mortgages will be hit the hardest. This could mean a transition in the market as people downsize to cheaper properties creating a demand for first time buyer properties. It all boils down to the old fashioned fundamentals of affordability.

Property indices suggest growth had already started to cool off in the months preceding last week’s base rate rise.

Research from Nationwide, for example, showed that average house price growth between February and April fell to just 2 per cent – the lowest three-monthly increase since last August, when the recent cycle of rate rises began.

Prime locations such as London are also more immune to interest rate rises because of a high level of cash buyers and overseas investors. But other areas – such as the north-west and the East Midlands – are more vulnerable. Although wages have also increased, homeowners are having to set aside a higher proportion of income to cover their mortgage.

According to research at Experian, the housing markets in the south west and midlands will see the steepest corrections. The East Midlands is forecasted to for a 3.7% decline to mid 2009. With the West Midlands expected to see a 4.0% decline in house prices.

If you are having difficulties with servicing your mortgage debt, Sell Your Home Quick are happy to provide advice on getting your payments back on track. And we will endeavour to help those unfortunate to have repossession orders up until the last few days of eviction. We will also rent the property back for a desired period of time at a rent you can afford.

James is the founder of Sell And Rent Back. The site exists to help people to sell their house quickly, normally within 4 weeks, at a fair price and with minimum hassle.