The thought of home repossession is stress-inducing and worrying for many people who are struggling to pay the mortgage. It may seem like there is no other option, but homeowners can seek assistance from Home House Buyers, a reputable company that can step in to provide help. Rather than give in and let the process happen, there are professionals who can help stop it within 24 hours.
The issue is a tricky one, and there are various elements involved, but by turning to Home House Buyers, you can get an extra lifeline. The team will handle all matters with lenders, banks and loan companies so that you don’t have to. For more information on how to stop getting your house repossessed, call 0808 501 5548.
What is Home Repossession?
Repossession of a property refers to the legal process in which a mortgage lender or loan provider takes ownership of said property. A repossession occurs when the homeowner fails to meet mortgage payments, but it is important to note that this is the last resort. Multiple avenues will be taken before a repossession is ordered. If you are worried about this potential outcome, then it is important to enlist a service that can stop repossession.
The purpose for getting a house repossessed is to recover the mortgage debt, and in some cases, individuals are still liable for paying it even after losing their property. For example, if the lender opts to sell at an auction, it could take months for the sale to go through. During this time, you may have to pay the mortgage.
During the coronavirus pandemic, the UK government unveiled the Coronavirus Act 2020, which banned bailiff’s from enforcing mortgage repossessions. From June 1, 2021, repossessions were allowed to commence.
How Can Home House Buyers Help?
Home House Buyers are professional property experts, who specialise in purchasing properties and completing the sale in quick time. In fact, they are able to complete sales within 14 days, so if you are hoping to stop repossession of your home, then these quick house buyers can help. The team will advise you on the best measures to take, and the first will be to contact your lender.
To prevent a home repossession, you can try to come to an arrangement with the lender but if you’re concerned about the situation, get in touch with Home House Buyers. They have a specialist team who can end your repossession fears within 24 hours! They can speak to your lender, bank, or loan company to prevent the last resort from coming to pass.
Unlike rogue companies trying to take advantage of your vulnerable state, Home House Buyers will provide you with a legitimate offer. The company will purchase a home regardless of its condition, so it doesn’t matter if it’s a one-bed flat or a four-bedroom house. One of the standout features of the company is how simple the process is. If you are looking to stop repossession of your home, then it is worth understanding the way in which Home House Buyers operate.
The process itself consists of the following:
- Provide a few details about the property.
- Receive a FREE no-obligation cash offer within 24 hours.
- An inspection will be carried out.
- Once a contract of sale is signed, solicitors and surveys will be arranged.
- All fees are paid by Home House Buyers.
- Completion date tailored to you.
- Money sent on agreed date and the keys requested.
To learn more information about how Home House Buyers can prevent a home repossession from occurring, get in touch with the team by calling 0808 501 5548. Alternatively, send an email to email@example.com or visit their website.