subject: The Many Reasons Why Homeowners In Uk Consider A Quick House Sale [print this page] People in UK seem to be taking the weakening of property market to heart. In a poll of 1,100 homeowners in UK, 18% said that they were considering selling their property quickly, moving into rental accommodation and buying the house back once the house prices in the property market have fallen.
Many of the UK homeowners admitted that it was financial problem that will ultimately prompt them to get out of the property market, while others cited divorce or separation and a desire to live overseas.
Meanwhile, the reality of skyrocketing mortgage and loan rates, the increased cost of living and mounting debt were also contributing factors.
Increasing Concerns about Monetary Instability
New figures released by Money Expert confirm that UK homeowners aren't only looking for a quick house sale, but that 6% of them intend to put off plans for buying a real house due to concerns about their own financial stability.
It is clear that no one will be able to escape the consequences of the economic downturn. UK's major banks are already taking a more cautious approach to lending, resulting in fewer mortgage offers, higher premiums and charges and a general steering clear of anyone with a less-than-perfect credit record. In other words, it does not matter if you are a first-time buyer or existing borrower coming off a mortgage deal, your choices are significantly decreasing.
Don't let high mortgage payments or nightmares about not finding a property buyer keep you up at night. Speak to a home buying company that says "we buy any property UK" or "we buy any house for cash" because they are company specializing in buying property through a pure and simple solution - sell to rent back scheme. This scheme allows you to sell your real house for cash and then continue living in it as tenant for as long as you want.
