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How to Stop Repossession Free UK Guide

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Stop Repossession. Stop Reposession. Stop Repossesion

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Are you facing repossession? Are your debts mounting from credit cards, mortgage arrears or other money related problems?

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Most people don't realise how easy it really is to avoid the mortgage company from repossessing their home.

Below you will find a free guide to help you stop repossession and you from losing your home.

In fact, you may not even realise it, but you could actually reorganise your finances WITHOUT BORROWING and come out with cash to spare.

These are the tips that few people know, and most commercial debt consolidation companies NEVER want you to know?

Why? Because they have a vested interest in making you spend MORE money and get further into debt.

Whatever your situation there is an answer that is much more simple than you might realise, it doesn't involve bankruptcy or IVA and best of all, free to use!

Download your free 16 page report explaining your options when faced with repossession click here

Contents at a Glance

UK Government Regulates Sell & Rent...
If you are facing a Court Hearing for Re...
House prices set to crash in 2008? (THEY...
Links to resources for help on repossess...
New Links Stop Repossession
Uk Repossession, repossesion, reposesion...

UK Government Regulates Sell & Rent Back Sale and rent back, SARB

Now the Nanny State gives you fewer options when facing repossession

You have to hand it Gordon Brown's clowns. No Government in history has ever implemented so many knee jerk tabloid led laws and regulations as this one.

In another attempt to regulate a free market Brown's clowns have given the FSA the task of regulating the sell and rent back market. Of course there are issues with some buyers as there are with some tenants, but most individuals and companies involved in sell and rent back are law abiding landlords who provide a service and huge competition which gives sellers the option to get the best price for their home when selling and renting back.

Now the FSA, the same bunch of cronies who were supposed to regulate the banks and who allowed the credit crunch to happen, are to regulate this market.

But unlike the banks, most operators are small businesses. The FSA can bully small businesses and it the legislation and enormous costs involved (hundreds of thousands of pounds) to become FSA regulated means that after July 1st there will only be a few mega companies that will operate a sale and rent back scheme.

Because the Government is run by people who have never had a real life in the real world, they can't see what any normal person in the street can. That this will lead to a cartel of companies who control the price that you will get for your home if you sell it and rent it back.

The effect of this uselss piece of legislation will be more families getting repossessed. And what about the cowboys that the law is supposed to protect you against? Well, you can be sure they will find a way to operate the same as before (if they didn't care about public opinion or the law before - why would they now) and the genuine small property investors (like me) will no longer be an option.

If you are facing a Court Hearing for Repossession You Must Attend!

You can only save your home if you go to court

Many people mistakenly believe that once their mortgage lender takes them to court that it's game over and nothing can be done.

This is not true. However, the judge can only help you to remain in your home if you attend the hearing, otherwise he or she has no option but to grant a possession order to the mortgage company or second charge lender.

House prices set to crash in 2008? (THEY DID! Updated November 2008)

Renting is now cheaper than monthly mortgage payments!

Here's what I wrote back in January this year. Little did I know just how bad the UK housing crisis would end up being. Reading this back again now we are nearly at the end of 2008, makes me realise just how prophetic these words were!

Here's the original piece in full....

House price bubble set to burst

House price rises that year on year have forced first time buyers out of the market are set to fall dramatically according to some of the world's leading financial commentators.

House prices have risen massively in the last 5 years, whereas rents have stayed almost the same during the same period. Once upon a time, it made sense to buy a property and you could be paying less each month than the equivalent rent.

These days, with the average house at around £200,000, and the cost of a reasonable mortgage from a reputable lender costing around £600pcm for every £100,000 borrowed, the average buyer with an 85% mortgage could be paying one and half times the average local rent, without even factoring in the costs of insurance, mortgage indemnity fees, arrangement fees, early repayment penalties when you sell, and general maintenance.

All things that you don't pay for when renting!

If this is true, then now might be the right time to sell up cash in on some of your equity, pass the management of your home onto someone else and pay less each month, giving you more money in your pocket for the things that matter to you and your family. Holidays, cars, eating out, hobbys and pastimes.

For more information about selling your home and renting it back click here

Links to resources for help on repossession

Mortgage arrears, sell and rent back, IVAs, bankruptcy - these links may help understand more.

Internation Herald Tribune article on Sell and Rent Back: Links...
Shelter: Repossession: Find out about the rights you have if you are threatened with repossession by your lender or freeholder. You may be able to keep your home but you will need to act quickly.