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Sell Home Fast – HMV Struggles with Falling Sales

Jun 20

20/06/2011

HMV, the DVD and music retailer, recently sold the Waterstone’s book chain to a fund controlled by Alexander Mamut – a Russian billionaire who owns 6% of HMV. Even with that £53m sale, HMV continues to struggle and has now made an agreement with its lenders on a new £220m refinancing package. This new deal issues lenders warrants totalling 5% of the company. Next year, those warrants will convert into shares. Additionally, HMV is facing high fees and interest rates as part of the deal.

For those facing redundancy or struggling with personal debt and mortgage payments, help can be found with a sell house fast company. Sell home fast companies buy homes quickly, allowing you to stay in your home as a tenant after your quick house sale if you choose sell and rent back. When you sell house quick through a sell home fast specialist, you also avoid estate agency and legal fees. Property Rescue, one sell house quick company, can exchange in as little as 48 hours and provides a free valuation and offer within hours.

For a sell house fast valuation, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk. You will obtain a quick house sale response in hours.

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