If you are facing house repossession in Scotland, you may feel you’ve run out of options. If your lender will not give you additional time to find a solution, an alternative might be to find a company who can stop your repossession in Scotland. We can do this for you because we buy property quickly in Edinburgh, Glasgow and Dundee and throughout mainland Scotland.
Dealing with house repossession in Scotland is very stressful. Lenders are being encouraged to give homeowners with arrears up to six months to find a solution. We know some homeowners will, others won’t be able to find the money. It is also possible that with the numbers of repossessions running at record levels some homeowners don’t fully understand the implications of being repossessed. It’s not simply a matter of handing the keys back and walking away.
Our service is not for everyone. If you are at an early stage in the repossession process you may qualify for the Scottish Governments’ Mortgage To Rent Scheme. However, as you’d expect stringent criteria apply.
Get all your debt paid off
One realistic alternative is to allow a company specialising in quick property purchases in Scotland to buy your house. It won’t be a suitable solution for all homeowners facing repossession, but it will enable some homeowners to get a fresh start. Would you like all your debts paid off?
House repossession in Scotland can result to you owing your lender money.
If your lender repossesses your property their priority is to sell the property to get their money back. And although lenders are under pressure to get the best possible price, there is a danger there will be a shortfall from the lenders sale. If we buy your property we MUST pay off your loan. It may also be possible to return cash to you. The amount of cash returned will depend on the value of your property and how much you owe. There will NEVER be a shortfall if you sell to us. All your mortgage debt will be paid off and you may have cash left over. What would you do with it?
Don’t be short-changed
We concede that homeowners facing repossession don’t always get the best deal from property buyers. There can be a high price to pay if you ask a property company to stop your repossession in Edinburgh, Glasgow, Dundee..or wherever. Clients who are facing house repossession in Scotland are offered the same terms and conditions as our other clients. This means you get a copy of the survey report for your property so you know exactly what our offer is based on. Our quick property purchase Scotland service treats all homeowners equally.
To find out how we can help you avoid repossession in Scotland call 0800 043 0669 or 0131 553 4838 or complete the form below.