Looking to pick up bargain property for cash? Now is the time to buy UK property
Spectre of negative equity looms for a million more homeowners - Daily Mail 17/04/09
MORE than 1 million homeowners are in negative equity because of the property price crash, according to official figures from the Council of Mortgage Lenders.
However, if you can afford to cover your mortgage payments and you're not looking to move in the medium term you needn't worry. Property will appreciate in the long term. If on the other hand you're looking to pick up a bargain property for cash then now is the right time to buy
Property for cash buyers are enjoying a boom time!
The internet is awash with cash buyer websites. I quickly Googled the term property for cash and 84 million+ related pages came up in the search results. Proof that demand for UK property remains high, if the price is right!
Also worth a click
- Council of Mortgage Lenders Report - Arrears and Possessions in 2008
- Council of Mortgage Lenders Report - Lending declines further in January
- Hot Property News - Is now the right time to buy UK property?
posted by The Editor
4 Comments:
Have property prices hit rock bottom?
Bellway Homes boss, John Watson, seems to think so. He was quoted in today's Sun newspaper as saying "There's a big mindset change from six months ago"
Over 200+ UK Homes Go Under the Hammer in Bank & Lender Repossession AUCTION 27th & 28th June 2009
Visit AUCTION.com for more about their free loan pre-qualification, free registration and get a full property catalogue along with details about scheduled viewings.
Facing repossession or financial difficulties?
Your home is your BIGGEST ASSET, so think carefully before entering into a Property For Cash Deal.
There are many companies out there looking to buy up cheap property with sweeteners, such as Sell and Lease Back, No fees/ No HIP's, Same day appointment and decision.
Always ask a local agent to give you a correct property valuation first and talk to an independent mortgage broker before entering into an arrangement with these private sale companies; you'll be glad you did!
Over 400+ Residential Properties Homes Go Under the Hammer on 14th & 16th July 2009
Visit Allsop.co.uk or call 0906-515-1510 (premium rate number) for a full property catalogue along with details about scheduled viewings.
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