We Can Help With Arrears

Mortgage payments are generally one of your largest out goings. If things get financially tough making the payment can be difficult. If you are having problems making your mortgage payments every month it’s a difficult and stressful time.

If you are facing this the first step is to contact your lender and discuss several options which may be available to you:

1. You may be able to reduce your payments for a certain time.
2. They may change it to an interest only mortgage for a short time.
3. They may decide to give you what is known as a ‘payment holiday’.
4. They may choose to extend your mortgage term in order to reduce the monthly payments.

In order to decide which option they may follow they may make an appointment to see you, during this it may necessary to:

1. Provide them with a detailed information of are income, expenditure and debts.
2. Discuss any thoughts you may have on how to increase your income and reduce spending.
3. Discuss with them what suitable changes may make it easier for you to meet your mortgage payments.

If you have been through this and you are still having problems then you might want to consider selling your property. Many of our customers have been in this position and have used our services to get themselves back on their feet. We can buy your property quickly for cash, allowing you to pay off your debts and reduce your stress. We offer rent back and buy back options that give you the option to sell to us and rent back your home. This means you will be free of the stress of mortgage payments, you won’t need to move home and you won’t need to worry about structural maintenance of the property. You can also have the option to buy back at an agreed price should you want to, when you are back firmly on your feet.

If you are interested in selling your property quickly, contact us for a free estimate.