Property News > NewBuy scheme makes it difficult for those who need to sell

NewBuy scheme makes it difficult for those who need to sell

There can be any number of reasons for those living across the UK to start to think to themselves "I need to sell my house quickly", but this can be more difficult at the moment than at any other time in recent months, thanks to a range of new schemes that are designed to help boost the number of homebuyers in the country.You might have found that after Christmas you have hit your credit card too hard and will struggle to pay it off while making repayments on your mortgage over the next 12 months, or maybe you are facing uncertainty at work after a difficult financial year that may see your company likely to make redundancies.These are just two of the reasons that you might start to think about selling your house just to make sure that you have enough to make ends meet, giving you a firm financial backing and a large nest egg, with the opportunity to move into a rental house while you get back on your feet.However, while selling your house might be the ideal option, it has not been helped by the governmental NewBuy scheme, under which newcomers to the market can buy themselves a home with a large reduction in the amount of money they need for a deposit.While this has no doubt helped a large number of people get a footing on the ladder, it has affected those of you looking to sell houses because these buyers are only able to purchase brand new homes. This means that if you own a one-bedroom house for example, you could wait for months for a buyer to come along.On top of this, if you bought in the years leading up to the property crash of 2007, you will find that your house might be worth considerably less than it was when purchased. If you have waited for a long time to offload it, discovering this can be another hot to morale.It doesn't have to be this way though, and you can actually get rid of your house in another way. If you are struggling to find a buyer,why not sell your house to Property Rescue? They are a home buying company which means you can get a quick cash offer and have no need to wait for a buyer to come along.

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