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Stop Eviction

Last week’s rise in interest rates will soon start to impact on mortgage repayments, especially here in the South East and East Anglia where property prices are high.

Some analysts warn that repossession figures could double this year as people are pushed to the brink of financial crisis by increasing repayments. The threat of yet another rise in the Bank of England’s base rate is looming on the horizon, making the situation even more gloomy for anyone who has a mortgage.

So can anything be done to stop eviction taking place? If you are in arrears with your mortgage and the accumulated debt has become significant, you are at risk of having your home repossessed. Contact Property Rescue as soon as you realise the situation is becoming serious. Try not to leave it until repossession notices have been issued, but even if they have, Property Rescue will still be able to help.

They will make you a guaranteed offer – no matter where your property is or what its condition – and will give you the opportunity to rent back your home if you wish. This means that you will avoid being evicted, you’ll be able to stay where you are, let your children continue in their current school and, if your financial circumstances improve, you can opt to buy back your home at a later date.

11 May 2007. Interest Rates | Comments (0) -

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Contact us on 0800 1313 999, email sales@propertyrescue.co.uk.

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