The last two years have seen a surge in repossessions across the UK. From
homes to vehicles, countless properties were seized by banks, creditors, and
financial institutions. On the UK housing market, 33,900 homes were repossessed
across the UK in 2012. While this was a little less than the 37,300 houses
seized in 2011, the numbers are still staggering. According to industry experts,
the financial crisis continues to plague the UK housing and employment sectors.
While not as severe as years past, many property owners are feeling the brunt of
increased taxes. If you are facing property foreclosures or repossession, now is
the perfect time to seek mortgage advice from accredited and registered
lenders.
With years of extensive industry experience, re-mortgage specialists can help
you salvage your home. They can also help stop collection calls and repossession
proceedings. By refinancing or taking a second mortgage, you can truly protect
your home or property. With medical costs soaring and unemployment at record
levels, countless families can no longer afford lavish and elegant lifestyles.
In fact, many families have lost their homes due to job loss, health issues, or
simply financial constraints. If you own a home but have not paid property
taxes, you can be assessed a number of fines. Similarly, failure to pay
mortgages and associated taxes can lead to repossession and loss of
property.
While the outlook for the UK real estate market looks promising, buying and
selling trends have been inconsistent. This is because there is less money
floating around despite ongoing projects and developments. With taxes increasing
across the board, owners are seeking mortgage advice at alarming rates. While
there are companies that charge nominal fees for re-mortgage advice and solutions, others are genuinely dedicated and committed to helping UK owners
save their homes. It is these lenders that owners and renters need to be
discussing their options with. From short sales to refinancing and more,
registered and accredited lenders have the expertise and answers you need
now.
You can contact our team directly on 01332 257 087 . Labels: equity release, first time buyers, interest rates, mortgage advice nottingham, mortgages, repossession, the re-mortgage process
