How you can take control in a buyer’s market and still achieve a fast house sale.

There can be nothing more frustrating then being desperate for a fast house sale in a buyer’s market. For at least the past decade, sellers have been able to expect the top whack for their property with over-inflated prices considered the norm. But now, the Northern Rock tremor, cripplingly high interest rates, and general falling property prices mean buyers are in a stronger position than they’ve been in for years. A fast house sale however is essential if you are in financial dire straits.

Some people who bought property with the aim to buy-to-let seeing it as a nest egg may now be financially struggling. In a market where prices have fallen in some areas, and rents are more competitive, you could end up wishing for a fast house sale for your buy-to-let. If for example you live in your own home and pay a mortgage, and your buy-to-let is empty or has been empty for some time, a fast house sale could salvage the situation. An empty property can quickly drain your finances leaving you in debt in a matter of months. Not only will you have two mortgages to pay but two council tax bills, two water, electricity and gas bills. Most homeowners struggle to pay for one home, but to have an empty property on top can create misery and stress. A fast house sale offers one way out towards peace of mind.

A fast house sale will also be more desirable in such a situation due to the following factors:

• The interest rate rise means if you’re not in a fixed rate, or coming to the end of a fixed rate contract you will be looking at paying up to hundreds more a month on your mortgage repayments.
• Average salaries have not risen to help meet the rising expense
• Property prices are set to plummet leaving some homeowners with the risk of negative equity
• Combined with general consumer debt, a fast house sale may be the only way to salvage your finances or stop house repossession

Repossessions are set to rise by 50% in 2008 (Council for Mortgage Lenders). If you don’t want to be a victim and you want to take control in a buyer’s market, you still can by using a specialist property buyer who can offer you a fast house sale within a matter of days.

njoy.co.uk is a dedicated website that can help get you the best price for your property from committed cash buyers in your area. We aim to have you a cash offer in principal for your house within 24hrs of you registering your house on njoy.co.uk.

Many of our registered investors can offer you a 'sell and rent back' option, where they will buy your house for an agreed price, and allow you to stay in your property as a tenant. This may enable you to pay off all your debts in one easy stroke by releasing the equity tied up in your home. If you wish to discuss the process then we would be delighted to talk to you at your convenience, our customer service team can always be contacted either by telephone 0845 337 0038 or alternatively you can email your query to: info@njoy.co.uk