It seems the property market always poses risks. For some, home ownership is the goose that laid the golden egg, but for others, property investment is more like getting egg on your face. There are always winners and losers, and a big part of why some home owners strike it rich and others lose out is down to luck and timing. For those who have only fallen further into debt as a result of home ownership, a quick house sale could offer a way out.

Now is a precarious time to own property. If you’ve only recently bought a house you’ll know how expensive it can be. The high cost of lending, over-inflated property prices and general consumer debt have all added up to create a hefty bill. A quick house sale could be one way of getting back on top of your finances and escaping being chained to high mortgage repayments.

Although the interest rates have finally been cut after five rises in the past year, not everyone will benefit. In fact many banks and lenders will not pass on the cuts to their customers in an attempt to make up for the impact of the credit crunch. A quick house sale is one way of escaping the whims and fluctuations of mortgage lenders and a struggling economy. One mortgage broker told the Times newspaper: “Lenders have introduced quite a margin between the cost to them of borrowing and the price they are charging borrowers for it. It is likely that lenders will continue to attempt to improve margins by keeping fixes high, relative to swap rates.”

This is a blow to borrowers who may end up finding it more financially viable to opt for a quick house sale, especially if they have to pay up to £200 more a month on their mortgage repayments in 2008. Potential homeowners are also being warned to look out for lenders offering temptingly low interest rates only to be stung by hefty arrangement fees.