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Want to swap the mortgage strain, threat of repossession and endless debt for airy rooms and more financial freedom? Opt for a quick house sale and rent instead.
When it comes to the mortgage market now is a good time to jump off the property ladder. The global credit crunch, high cost of borrowing money and rocketing interest rates mean more homeowners are expected to face mortgage arrears and find they are unable to stop house repossession this year.
Opt for a Quick House Sale
It’s no wonder then that more homeowners are choosing a quick house sale and ditching mortgage misery for good. For the majority of us, it’s impossible to buy the house of our dreams. Property prices are rocket high, and interest rates mean paying back mortgages is costly. If we do chase our property dreams, we run the high and devastating risk of being unable to stop house repossession if debt runs out of control.
Sell your House Fast and Start Renting
Often it is cheaper to rent then it is to pay the mortgage, and statistically renting can be more stable then home ownership. It’s thought that over one in ten tenants stay in the same rented accommodated for at least ten years. A quick house sale to release funds could be the best way to clear your debts, stop house repossession and find the dream home to rent.
Other reasons to consider a quick house sale in favour of renting include:
- A quick house sale could release funds to pursue your dream, change job direction or pay off your debts
- Renting is often cheaper and a quick house sale could leave you with a better standard of living with more money available.
- Renting is often more affordable so that you can gain more space, yet spend less money.
- Renting after a quick house sale is often preferable to trying to get back on the property ladder, as there are no legal fees, no gazumping, no estate agent fees and no stamp duty.
A quick house sale and rent back option could give you a new lease of life. It’s only in the UK that home ownership has become such a priority - in Germany 57% rent as do 45% of the French. A quick house sale where you can release cash and rent instead is a flexible alternative that more Brits are waking up to.
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
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