An Efficient And Immediate Way To Sell Your Property
According to figures due to be released this week
, average house prices in the UK have again risen, and one set of statistics at least will show a year-on-year increase of 9.80%. Although this might seem like fantastic news to people looking to sell their properties, there is a caveat attached to premature rejoicing.
In the UK, we may be witnessing the end of the recession, but it is fair to say that the housing market is still delicately balanced. The National Association of Estate Agents is saying that these figures represent a growing confidence that the recovery is well under way and, with all-time low interest rates and a relaxation in the banks' lending requirements to purchasers, this might well seem the case. However, these factors are biased towards the fact that the spring is historically a seasonally high-transaction period, and the traditional boost that normally follows a general election could backfire in the event that there is a minority government in power. Most analysts agree that this would see a massive market move in favour of buyers, resulting in a decline in house prices and a reduction in the volume of sales.
For a number of people who have their properties on the market, time may be running out to find a purchaser before the election, any potential downturn thereafter and the inevitable spending cuts irrespective of who wins. Therefore, it is a relief to know that there is an alternative to the traditional method of enabling a sale on your property.
Guaranteed Home Sale Schemes are being offered by a growing number of property acquisition companies. They offer a program whereby the company takes over immediate occupation rights of the property and assumes responsibly for all finance secured against it while a price representing market value is agreed upon and a date for completion is arranged. The benefits of using a scheme of this nature are:-
* An immediate sale of your property
* No Estate Agent commission or fees
* No hanging around while a purchaser tries to raise funds
* No potential break in any chain causing a property sale to fall through.
In some instances, guaranteed home sale schemes can be suitable for people who find themselves in negative equity or who owe more money on their property than the current market value. They are ideal for developers who have a stock of unsold properties, professionals who need a quick sale in order to relocate or couples who no longer wish to live together and want to divide their equity in fact, the program is ideal for anybody seeking a fast property solution.
In these times of uncertainty about which way the market is going to move, guaranteed home sale schemes represent an excellent opportunity to move away from the usual means of disposing of a house, to a more efficient and immediate way of selling your property.
by: Oliver Darraugh
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