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Solve Your Debt but Stay in Your Home
The threat of having your property repossessed is often preceded by high levels of debt, yet your home is probably one of the most important things in your life and one that you want to protect no matter what happens.
If you fail to make your mortgage repayments regularly and allow debt to mount up, sooner or later you will be faced with action from your mortgage lender. Initially this will be a letter warning you of the action they could take, but if these go unheeded repossession proceedings will commence. You should always keep in touch with your mortgage lender and tell them about your situation. Sticking your head in the sand will not help you!
If your circumstances mean that you simply can’t make your mortgage repayments and you have substantial levels of debt, you will need to take other action to solve the problem. Property Rescue offers a solution that will allow you to get rid of your debt and yet stay in your home. It’s called the ‘Sell and Rent Back’ scheme and this is how it works:
Property Rescue will make an offer for your property. They guarantee to do this, regardless of the type of property, its location or its condition. If you agree to their offer, they will take care of all the formal arrangements using their own legal advisers, which means you won’t have to pay any legal or estate agency fees on the sale. Property Rescue will draw up a tenancy agreement for you, giving you all the legal rights you would have from any landlord. You will know the amount of rent you will be paying so that you can plan for the future. Once the sale is complete, you start paying your rent at regular intervals. Property Rescue will pay off your mortgage and other debts secured on your home, as instructed by you, and put any remaining cash into your bank account for you to use as you wish.
Contact Property Rescue to find a fast way out of your debt that allows you to stay in your home.
Related Articles:
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- Need to Raise Cash After a Franchise Failure?
- Pay off your mortgage and Sell and Rent Back
- Save your credit rating
Contact us on 0800 1313 999, email sales@propertyrescue.co.uk.
Property Rescue is a UK Based Organisation dealing with only UK Properties.




