In response I have added a brief blog post dealing with the process.

This is a light hearted summary of the process.  I have tried to keep it light hearted but please be reassured we do take repossession very seriously.  If you are looking re avoid repossession call us now on 0800 0949 123 and we will try to help.

At least 25,000 properties are repossessed every year throughout Wales and England and with an average number 530 000 houses sold, that makes 1 in 22 houses being repossessed.  This number is at a fragile state, as the ball could swing to the worse, as the fragile economy is going through its redevelopment process. So whether you’re getting repossessed or just plain nosey, read on, as I will be covering the steps behind the Nightmare not on ELM street but on your street!!

The first problem starts when for 2 or more months of your payments start to slip and your mortgage lender sends a polite letter via the Arrears Collection Department for you to pay your outstanding amount. If you have found yourself at stage 1 and not able to pay the full outstanding amount then I recommend making contact and find a way of settling the problem at hand before it unnecessarily spirals downwards.

Stage two is dealt with a solicitor who sends a polite yet firm letter explaining the seriousness of your situation. It’s like ordering the extra peri-peri chicken. Looks good, tastes good until you realise you out of milk and in a hot situation. Its never to late to late to stop repossession, Contact Right Home Sales, we can help you out with a glass of milk and more.

If at this point you have not been able to come to an agreement with the solicitors, then the unfortunate wheel of Repossession will start. Your case will be forwarded to the County Courts whereby they will send a suited man to send the bad news of your SUMMONS and your court appearance date. You will also receive a defence form (N11M), which you must complete and return to the court within 14 days. This form gives you the chance to explain your circumstances. This is your opportunity to explain why you are in arrears, and how you plan to repay the arrears.

There are a number of possible outcomes of the hearing

Adjourn-you will be given a new date for your hearing

Dismissal of the Case- Usually followed if the payment has been settled.

Order for Possession-This will give the Lender to take ownership after a fixed period of time- Anywhere from 28 days.

Suspended Order for Possession- The Order is suspended upon payment of the current monthly instalment and an agreed amount towards the arrears. This order is very readily applied. It allows the defendant a further chance to keep possession and gives security to the lender. If the defendant default s upon payments, then the lender may take immediate possession by a Warrant Possession.

Eviction notice! This unwanted letter will only follow if you have defaulted upon your payments agreed from the Suspended Order or if you have over stayed the prescribed days allowed for the Order of Possession by the courts. There is nothing quite distressing as having your home prepossessed plus the long term affects of bad credit that will follow from it. Take the Right steps and contact Right Home Sales and avoid repossession now.

The Red Tape of getting your Home Repossessed is a post from: Right Home Sales.co.uk

This surplus of choice for the buyer, leaves some sellers desperate for a solution to their home selling trouble. Thankfully, all over the United Kingdom real estate investing is growing in popularity but at what cost to the seller?? None but an instant sold sign!!

If I were selling my home in Birmingham, where I live, there would be any number of resources available to me to find such an eager buyer. Search engines are great tools that allow you both to locate and find reviews of local Property buyers. Some may find it intimidating filling out information about their property on an internet site but with Right Home Sales you can have full confidence that every enquiry is dealt with the utmost privacy and will only be contacted by REAL people to discuss your Home.

Many people hesitate to sell their house for any lower than they paid for it, only to spend months on the market and having to lower their asking price anyway. A great way to avoid this eventuality as well as save on real estate agent costs is to to sell directly to a home buyer like Right Home Sales. They can usually tell you in a matter of minutes whether they are interested in your house, often times without even having to step foot in it. Because they are experienced home buyers, have knowledge of the market, and most likely have financing readily available, they can make you an offer on the spot.

Think Selling Home, Think Right Home Sales.

How to sell your house in a flooded market is a post from: Right Home Sales.co.uk

More than one million home owners are trapped with worry if anybody will ever “ buy my house”. A recent report by… revealed that in the past year more than a million people have tried to move house but been unsuccessful to attract potential purchasers.

This is a crippling effect for home owners trying to sell their house quickly in order to buy a bigger house for a new arrival into the family or relocating for a new job. Whilst some home owners may need a quick house sell for cash in order to pay for a mortgage they cannot afford during these tough times in the recession.

A recent study by the well known Santander discovered that there had been a double in failed sellers trying to get a buyer. Director of Mortgages at Santander, Phil Cliff, said “Many buyers are unable to secure a good mortgage deal, often because they find it difficult to save a sufficient deposit.”

The research showed that first time buyers on average required  24 percent deposit, which then on an average property price of around £160,000, would then require the buyer to put down a £38,000 deposit, which for most, isn’t a viable situation.

What has emerged is that the number of owners trying to sell is increasing whilst the number of buyers has decrease thus giving the buyer more options to choose from and leaving the home owner wondering how they could “sell their house quick”.

The second part to the conundrum is that the seller would have an enduring wait of more than 9 weeks in order to complete the selling of their house.

Don’t wait for a buyer. Head straight for a QUICK and CASH paid sell with no fees, just cash. Take the step to freedom from the trap of selling your house and contact Right Home Sales Now or fill out our 60 second form and we’ll call you back.

Looking to sell your home fast – You are not alone! is a post from: Right Home Sales.co.uk

Some say that the aftermath of the recession has hit may people in the UK harder than the original ‘recession’.  Considering the impact on the property market we definitely did not see any evidence of a recovery from the original recession.

Double dip or  doubly dreadful recession.  The aftermath of the previous labour government has still left this country reeling.

48,000 reposssesions last year and people regularly calling us to buy their house as they have been unable to seel in this stagnant housing market.

To sell your home fast, call 0800 0949 123.  Fingers crossed that this latest peice of doom and gloom is untrue and the country will recover quickly.

Buy My House Before the next Recession is a post from: Right Home Sales.co.uk

We are not set to see an increase in property prices this year and may even see a further fall.  The rise in mortgage interest rates could well lead to a further drop in the housing market.

For years we have all been watching the popular TV shows such as Property Ladder, Relocation/Relocation, Changing Rooms etc.  With encouragement from the TV ‘property gurus’ people have invested in property hoping to replace their retirement funds with property.

Unfortunately it is currently a property snake rather than a property ladder as the values slide down further. In the giant game of snakes and ladders people are starting to experience big losses.

Everyday we speak to people who are looking to release the equity in the house now before the value slides down further.  Taking that positive action now can help them avoid further financial losses.

If you feel trapped and need to sell your house quickly call us on 0800 0949 123.  We are still buying houses.

More and more people are now looking to rent rather than buy houses.  We buy houses and rent them out to people looking for the right property to rent.

Sell Now to Avoid Negative Equity – Housing Market Not Recovering is a post from: Right Home Sales.co.uk

Recently, more than at any other time in our property careers, we are now finding that surveyors are downvaluing properties.  When called upon by the banks to carry out valuations as part of the mortgage acquistion process surveyors are actually downvaluing.  Not erring on the side of caution, which would be understandable given the current economic climate, but actually down valuing.

Once again this is causing chains to break as people lose the sale of their property.  The buyer cannot get a mortgage because the surveyor says it is not worth what he had intended to pay for it, and so the whole chain breaks.

The new Government claims to be considering ways to reduce the ‘red tape’ for private sector landlords.  It seems like they need to do more than that to really kick start the UK housing market.  Firstly they need to do something to rekindle confidence at all levels to enable surveyors to be more positive.

We are still buying houses.  If you are looking for people who buy houses call Right Home Sales on 0800 0949 123.

Surveyors downvaluing? is a post from: Right Home Sales.co.uk

An Energy Performance Certificate (EPC) is still required though!

Hopefully ultimately the new measures imposed by this new Government may help to kick start the British housing market.  However, at present the market has yet to improve significantly.

The Government are still debating all additional measures that they may bring in which will affect property investors and private landlords.   First time buyers (who are still finding it difficult to obtain mortgages) and property investors/private landlords have held up the bottom of the British housing ladder for years.  Lets hope that this new Government finds ways to help the property investors rather than imposing more stringent, onerous and costly obligations on them.

Selling your house – throw that Hip away! is a post from: Right Home Sales.co.uk

There are a few ways to sell your home fast, including:-

1. Find a company who buys houses. Call Right Home Sales on 0800 0949 123.
2. Find an individual property investor. An individual property investor might be interested in buying your property at a discounted price. T hey will want to negotiate with you.   To find an interested investor you could try advertising the property on line on websites such as www.gumtree.com (free to advertise).
3. Sell at Auction. There are a Estate Agents who specialise in selling properties at Auction.  If you do a search on this on Google.com to find a local Estate Agent in your area that specialises in taking properties to auction.  They will do much the same as an Estate Agent normally would including marketing the house, arranging for people to view the property, they will set a date for the Auction, agree a ‘reserve price’ ie the minimum price you are willing to accept.  At an auction contracts are deemed to have been exchanged as the hammer drops.  Solicitors will then proceed to see the sale through (has to be within 28 days).  From our experience properties usually sell at 40% of their open market value at auction.  It is worth bearing in mind that buyers attending an auction are looking for an investment property that they can buy at a discount price, do up and sell for a profit.
4. An Estate Agent will usually take at least 8 months to sell your house.  They are marketing lots of properties in your area, not just yours.  You can ask an Estate Agent to sell a property at a discounted rate in order to try to secure a fast home sale.  However, this way is still the slowest.

This article is intended as a guide only.  To sell your house quickly call Right Home Sales on 0800 0949 123.

Sell your home fast – A simple guide to a quick house sale is a post from: Right Home Sales.co.uk

There are a few ways to sell your home fast, including:-

1. Find a company who buys houses. Call Right Home Sales on 0800 0949 123.
2. Find an individual property investor. An individual property investor might be interested in buying your property at a discounted price. T hey will want to negotiate with you.   To find an interested investor you could try advertising the property on line on websites such as www.gumtree.com (free to advertise).
3. Sell at Auction. There are a Estate Agents who specialise in selling properties at Auction.  If you do a search on this on Google.com to find a local Estate Agent in your area that specialises in taking properties to auction.  They will do much the same as an Estate Agent normally would including marketing the house, arranging for people to view the property, they will set a date for the Auction, agree a ‘reserve price’ ie the minimum price you are willing to accept.  At an auction contracts are deemed to have been exchanged as the hammer drops.  Solicitors will then proceed to see the sale through (has to be within 28 days).  From our experience properties usually sell at 40% of their open market value at auction.  It is worth bearing in mind that buyers attending an auction are looking for an investment property that they can buy at a discount price, do up and sell for a profit.
4. An Estate Agent will usually take at least 8 months to sell your house.  They are marketing lots of properties in your area, not just yours.  You can ask an Estate Agent to sell a property at a discounted rate in order to try to secure a fast home sale.  However, this way is still the slowest.

This article is intended as a guide only.  To sell your house quickly call Right Home Sales on 0800 0949 123.

Sell your home fast – A simple Guide is a post from: Right Home Sales.co.uk

Sell My House? Keep it in good repair is a post from: Right Home Sales.co.uk

This was a man who had lived in the house for 10 years and made it in to a beautiful home for his family.  The children had flown the nest and it was just too big for him and his wife so he was already looking to downsize.

Unfortunately he had lost his job and was £7,000 in arrears with the bank so they wanted his house.

The problem is that once the bank has his house he looses control and they can sell it for whatever they want as they are only concerned with getting their money back.

He refused our help and was repossessed.  He was thrown out of his house and now lives in a council flat!

It could have been so different!

We have recently helped another homeowner who was in the same position.  He needed to sell his house to stop repossession.

We paid off his arrears, stopped repossession, and kept control.  The next step was to refurbish the property and sell it on the open market for a nice profit.  Once the sale had gone through we split the profits with the owner and everyone was happy.

The customer walked away with a healthy £70,000 instead of being homeless and broke.  He had watched his home being refurbished so that he could sell it on the open market.  We funded the refurbishment for him and stopped him being repossessed.  This is one of our services.

The first homeowner wouldn’t let us help him because he thought his property was worth more than we were able to offer him at that time.  He was too proud to let us help him.

Don’t make the same mistake.  To sell your home quickly and stop repossession.  We will buy your house if you want to sell your house. Call www.RightHomeSales.co.uk on 0800 0949 123.

Sell your house fast to avoid repossession – don’t let pride cost you your home. is a post from: Right Home Sales.co.uk

Problem neighbours – you are required to disclose any dispute with your neighbours to the purchaser of your site.

Living on a floodplain.  If you live on a floodplain you will find it difficult or impossible to obtain home insurance.  This will put purchasers off.

Illegal rennovations.  If you have extended into the loft, or made other structural alterations to your property without the appropriate consents this will devalue your property by the amount of money required to rectify the damage – or return the property to its original state.

Leaving the outside of your property to age in an ugly way will again put people off.  Examples include a front door that needs painting, poor windows.

Development in the area that is unpopular – such as a phone mast being put up.

Increasing crime levels.

Poor school ofsted results.

A notorious history connected with your property.  Has someone died in the house, or did a sinister person once live there, are there neighbourhood stories about ghosts living there?

Has your house become taken over by the pets?  Does it smell more like a kennel than a house?

Stone cladding or other such semi permenant amendments to the property can again put people off.  A ‘green bathroom suite’. stone cladding, a brick fire place and bar in the lounge, all are expensive to remove or replace and therefore affect the value of your house.

Buy My House – 10 things that devalue your property is a post from: Right Home Sales.co.uk

Imposing additional licensing is designed to enable Councils to curb the flow of new HMOs, and stop the growth of high concentrations of this type of dwelling in certain parts of the country.

The main investors in the property market at the moment are ‘cash rich investors’.  One example of this type of investor is the private sector landlord.  As the Government finds more and more red tape for these landlords to cut through in order to continue their business more will be deterred – often the good landlords.

The aims are to stop high concentrations in student areas, and to combat the bad landlords.  However, when the policies are in place nationally this can impact upon the whole country.

No thought is given to where people that want this type of accommodation will live instead!  Or what impact it will have on the housing market as private landlords are deterred from investing.  We would say that it will have a negative impact upon the housing market, slowing it down again and making it more difficult for people to sell their house quickly.  With landlords less willing to buy houses quickly for cash the housing market cannot help but be affected.

New Licensing Regulations for HMOs is a post from: Right Home Sales.co.uk

If you decide to sell your house through the traditional route then you will want to follow some of the tips set out below to make sure that your house will appeal to the buyers.

Remember Estate Agents will often give you little warning that you have a potential buyer coming to view the house, so you are best to make sure that the house is always kept in a presentable condition.

1. If budget allows it is still advisable to decorate to ensure that all rooms have a neutral colour – Magnolia, cream or white.  Your taste might not be the same as the buyer.
2. Make sure that every room is very tidy with all personal things away including family photos.
3. Clean every room very well.
4. Put all toilet seats down.
5. Make all beds.
6. Put all washing away.
7. Finish the washing up and put all pots away.
8. If possible arrange for any pets to ‘go on holiday’ or stay with friends while your house is on the market.
9. Tidy toys away – your potential purchaser may not have children so don’t present your house as just a family house.
10. Make sure that the garden is tidy, all garden furniture is clean, dead plants removed, toys away, washing away, grass cut, fence in good condition.
11. Remember some buyers may even look inside your cupboards (especially fitted cupboards) so don’t just throw everything in the cupboard and shut the door and hope!
12. Treat every person that arranges to look around your house as the potential purchaser.  Even if you think they are only somebody that wants to nosey, you never know they may be the buyer you are looking for.
13. Open all curtains so that the rooms are light and bright.
14. Clean windows.
15. Keep the carpets vacuumed and put rugs over any marks.
16. Think where you have left the dustbins, does the outside of the house look tidy and presentable.
17. Air the house regularly particularly if you smoke or have pets.
18. Make sure that you don’t fall out with your neighbours, you will have to declare any neighbour disputes to potential purchasers.
19. It is good to place a vase of fresh flowers in the lounge or kitchen.
20. Switch the TV off before people come to look around, you want them to focus on your house not what’s on the TV.

At Right Home Sales we will buy your house from you directly.  We don’t ask you to show anyone around.  If you are looking for cash for your property, or a quick house sale contact us today on 0800 0949 123 and ask to speak to Stewart.

Buy My House? Looking to sell your house quickly? is a post from: Right Home Sales.co.uk

Repossessions hit the 48,000 mark is a post from: Right Home Sales.co.uk

We all understand that the property market relies on first time buyers bringing new money in to keep properties moving all the way up the ladder.  Making it more difficult for the first time buyers makes it more difficult for everyone up the ladder. 

In addition, as mortgages remain difficult to otbain this weakens property chains.  At any point one link in the chain could be broken as people are declined a mortgage.  We keep seeing this happening to people, which is a crushing blow when you are desperate for a new start.

Hopefully later this year the property market may start to pick up again, in the meantime if you are looking to sell your house quickly contact Right Home Sales on 0800 0949 123, we can still help.

Sell your house for a Happy New Year? is a post from: Right Home Sales.co.uk

Right Home Sales phones have been ringing off the hook this week.   We have had lots of customers looking to sell their house before Christmas to avoid repossession, enable them to make the next move, and lots of other reasons why they want to sell their house quickly for cash.  Luckily so far we have been able to help everyone.

With no signs of change in the property market people are finding it more and more difficult to sell their houses to release the equity or enable them to move on. Christmas does not make any difference if you need to sell your house, except that the property market is always slower in December.

We are happy that we have been able to help so many people this December and are looking forward to continuing to help people in the New Year.

“Who will give me Cash for My House” “I need to sell my house” is a post from: Right Home Sales.co.uk

 We know that not being able to sell your house quickly can impact upon your life significantly.  Over the years we have found that:

•  people were missing out on buying their dream house because they couldn’t sell their own house quickly enough;
• people were building up massive debt because they couldn’t sell their house quickly enough in order to release locked-up equity
• people who were moving to another location, needed to sell before they moved, but couldn’t sell quickly enough – and consequently were being forced to rent in their new location AND pay for their original mortgage on a house which they weren’t even living in!
• people were being repossessed, because they couldn’t sell their house quickly enough to pay back the mortgage lenders.

 We decided to create a solution to that problem.    We do not try to match your house with a buyer, like an Estate Agent would, we buy your house directly from you at a price that is right for you and us.  There is no need for you to show countless people around your property, and we do not need you to redecorate!  We have a quick and easy process which leads to the right result for you. 

 We also have a large number of rental properties and may be able to find you the right home to move onto.

About Right Home Sales is a post from: Right Home Sales.co.uk