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Repossession
is one of the most scary words for any homeowner.
If you are facing the threat of losing your home
there is one thing you must not do and that is
ignore it.
It’s not hard to
understand that the pressure of the situation
causes some people to bury their heads in the sand
and pretend that it’s not going to happen.
But in practice, ignoring the threat of repossession
never makes it go away. If you are unable to
meet your mortgage repayments and arrears have
built up you should talk to your lender to see if
you can arrange a repayment plan that suits you
both. It may be possible to do this and
although it is likely to extend your mortgage, it
means the threat of repossession
will be lifted.
Switch Property
Services does offer another way. Sell
and rent back and sell and buy back schemes
mean you can release equity to repay your debts
and then continue to live in the same property.
Any transaction with us, is of course, 100%
confidential and nobody need know of your
circumstances.
When people bury
their heads in the sand they seem to be resigned
to letting events take their course, but this is
bad and does not have to be the case. If you
have already had a visit from the Bailiff or been
served with a Repossession
Order, contact Switch Property Services without
delay.
Switch Property
Services has the ability to stop repossession in
its tracks. We do this by making an offer on
your home which, if you accept, can be finalised
within days or hours.
Once you agree to
an offer of one of our sell
and rent back or sell and buy back schemes
Switch Property Services will liaise with your
lender and the other parties involved so that the repossession
is put on hold. |