Let Us Help You

Every home owner who works with us has a unique situation, so we aim to understand that fully first, and offer you a uniquely tailored solution to fit your requirements if you need to achieve a quick house sale.

The sorts  - of situations that people who use us find themselves in are:

• Suffering from financial debts but have nowhere else to turn to solve these
• Facing repossession or eviction as a result of mortgage arrears
• Hoping to emigrate to a new life overseas
• Are moving to a new property but the chain has been broken  (1 in 3 home sales fall through)
• Have found their dream home but can’t sell their own (typically it can take up to 6 months to sell your home)
• Relocating with your job
• Going through separation or divorce
• Need to find money fast to fund a business
• Inherited an unwanted property which needs to be sold
• Retired and want to release the equity in their home
• Planning a career break or retraining professionally

              

Client Examples:

1. Emigration:

Jane and Chris (in their 30s) had been on holiday to Australia to see Jane’s brother in Sydney – they loved it so much that they decided to emigrate to Australia within 12 months. Their house was on the market for considerably longer than planned (over 12 months) and Chris’ Work Permit was due to expire in 5 months time. Getting increasingly desperate to sell their home and make the move to Oz, Jane called us and later that day propertyangel visited her and Chris to discuss their situation.

 

A cash offer was accepted and the sale was completed within 28 days, leaving Jane and Chris to start planning their move and packing up. They needed an extra month’s accommodation after completion to sort out their belongings and we offered that to them rent-free with a flexible leaving date.

2.  Divorce/Separation 

Chris called propertyangel as he had recently separated from his partner and although they were on amicable terms, they had decided to sell the property and split the proceeds. There was added pressure to sell quickly because the house had been on the market for 9 months already and their 2 year fixed rate mortgage rate had ended, leaving Chris with double the mortgage to pay and on his own.

We suggested other alternatives to Chris, including potentially keeping the property and renting it out for 6 -9 months before re-marketing it in 2008, and looking at a mortgage payment holiday. Unfortunately, neither of these options were viable when Chris pursued them, so we made him a cash offer and completed within 4 weeks. Chris and his ex-partner are still friends and now have rental properties with cash in the bank.

3. Financial Pressures – Sell & Rentback

Tina and Mike, a couple in their early 50s with teenage children decided that they couldn't cope with the financial pressure of the credit card debt they had accumulated gradually and the secured loan which they had used to refurbish their property. They were having sleepless nights and thought it was only a matter of time before they really started to struggle with their mortgage payments.

We were able to make them a quick cash offer which helped them clear their secured loan and mortgage, as well as credit card debts. We agreed a long term rentback for 20 years plus so that they could stay in their home for the long term at a very competitive market rate. This was lower than their previous combined payments for mortgage, loan and credit cards and enabled them to get to sleep at night.

4. Inheritance Property

Our original enquiry came from Lily’s son Jim – his mother was moving into a care home and he needed to raise the money to finance this.  Her health declined and nothing happened with the property as it was no longer the main focus of priority for Jim.

Sadly Jim’s mother passed away, leaving him a house in a poor condition and with care home bills to pay for.  He re-contacted us  to let us know that he was now ready to proceed with the original sale agreement, once the house came out of probate. We were able to complete in 3 weeks and Jim then had the cash to pay the care home bills and to bank the remainder with a view to investing in the short term.

5. Quick Business Funding:

Graham had started up a new business 18 months previously and he was struggling with cash flow, although his business concept was fundamentally strong. Two of his customers went into receivership and left him with a big headache.

After looking at Graham’s situation and talking to him about his business potential, it was clear that this was a short to medium term issue and that it would suit him to sell his house to us, to arrange a rentback for 2 years and then buy his home back from us in 2 years when his business would be stronger.

For more details of our sell and rentback scheme, go to our Sell & Rentback page.