Homeowners Struggle as Repossessions are set to Rise
Reports from the Council of Mortgage Lenders (CML) warn that higher unemployment in 2012 is likely to lead to a rise in house repossession. As unemployment levels grow and redundancy numbers increase, the housing market will suffer more and more. In an already unstable market, further problems within the economy would mean disaster for all homeowners, especially those trying to sell. The CML predicts that repossessions will total 45,000 next year compared to 37,000 this year. This prediction, coupled with the forecast that property sales in 2012 will be at their lowest since modern records began in 1978, spells further difficulty for the housing market which is likely to last well into the New Year. Higher levels of repossession will mean more properties on the market but lower levels of buyers so many people will find themselves unable to sell and move on.If homeowners would like the assurance of a sale and the guarantee that they can avoid the cost, hassle and uncertainty associated with the often lengthy process of selling on the open market, Quick Move Now provides a free, no obligation service and can make a formal offer within 7 days. Whether you are facing repossession, struggling to sell due to the current lack of buyers or keen to avoid the difficulties involved in selling conventionally, Quick Move Now can help: we can complete on a sale using cash funds within 24 hours if necessary and tailor our service to suit the wishes of the seller. In order to discuss the benefits of the service in more detail and obtain an offer, Quick Move can be contacted on freephone 0800 068 3366.
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