How To Stop Your House Being Repossessed

April 12, 2008 - PRLog -- There are many ways we can help you solve your financial problems. All solutions are tailored specifically to your situation, allowing you to remain in control at every stage.

The most common routes to stopping repossessions are:

Debt Consolidation
Negotiating With Your Lenders
Accompanying You to Court
Releasing Equity In Your Home

Once you take action to sort out your situation by calling us, you will have an opportunity to talk through your situation with us, and we will go through the advantages and disadvantages of every option available to you. We will then allocate you your own personal advisor who will work with you through the entire process. Your personal advisor will advise you, guide you, reassure, encourage and support you. You can contact your advisor at any time, whenever you have a question or query about your situation.

Your adviser will negotiate with creditors and solicitors, attend court with you and prepare all of the paperwork required for your case as a matter of course. For us, your interests always come first.

Debt Consolidation
Sometimes keeping your home may be as simple as consolidation and restructuring your existing debt. Depending on your credit history, you may be able to borrow a lump sum at a lower interest rate to clear your arrears, or extend the term of your mortgage to lower the monthly payments.

Debt restructuring does not work for everyone. If you have a high level of unsecured debt or a poor credit rating, you may not be able to borrow at a sufficiently low rate of interest to reduce your monthly outgoings. Other options are available, however, so if debt consolidation is not the best route for you, your personal advisor may recommend other solutions.

Contact us now to find out whether debt consolidation could be the right choice for you to keep you in your home.

Negotiating With Lenders
At Property Mate, we have specialist knowledge to approach your lenders on your behalf. If negotiating with your lenders turns out to be the best solution for you, we will do everything we can to make sure your interests are represented. We know the ins and outs of the legal and financial worlds and understand how different lenders operate. We use this knowledge to ensure that you get the best deal possible.
Negotiating with lenders may not be appropriate in cases where the arrears are extraordinarily high or where there are other specific circumstances. There are a many factors that influence the effectiveness of negotiating, and these can only be determined on a case-by-case basis. Property Mate, we are highly skilled in this area.

Call Property Mate today to find out whether negotiating with your lenders is the right solution for your situation. We can offer you a detailed assessment based on your personal circumstances.

Accompanying You To Court
In our experience, many people who receive a repossession court date hearing tend to do one of two things:
• bury their head in the sand, fail to attend the hearing, and get repossessed
• they fail to put a satisfactory proposal together to show how they are going to repay their arrears

Going to court can be a daunting and stressful experience for many homeowners. We feel that no-one should have to go through this alone. Our clients really appreciate what we can do in terms of making that process much easier.

Your Property Mate Personal Adviser will accompany you to court to stop you from being repossessed. Because we are an independent company, we are able to be far more flexible and proactive. We will do everything possible to keep you in your home.

Your personal adviser will help you to prepare all the necessary paperwork, reassure you, and vigorously argue your case in court.

Contact Property Mate if you are due to appear in court. We may be able to help you save your home.

Releasing Equity in Your Home
If debt consolidation or negotiating with your lenders is not the best solution for you, your personal advisor may also discuss with you the option of selling your property to release the equity and settle your arrears. We find that some people are terrified at the thought of being forced to leave their home and view selling as the last resort. However, this may be the best solution.

If you choose we can arrange the sale of your house. We can also arrange for you to rent it back once it is sold. In such cases, the rent you will pay under this arrangement will generally be lower than your current repayments. We may be able to negotiate a rent-free period to help you get back on your feet. In some cases, we can make arrangements for you to buy back your home at a fixed price. This means that once you have the opportunity to take control of your financial situation again, you have peace of mind in knowing exactly what you will be paying to buy your house back; no matter how much property prices have increased in the meantime.

If you decide on this option, you will usually be offered around 75%-85% of the market value for your house, but you have no legal fees or estate agents fees to pay, and you have the security of knowing that you have a swift, guaranteed sale at a time when speed and reliability matter most.

Property Mate is dedicated to providing our clients with integrity and peace of mind, with a fresh start to financial recovery. We strive to maintain excellent customer service and the utmost professional attitudes to ensure each clients complete satisfaction. We succeed by creating resolutions that best suit your needs.

If you have equity in your property, then whether you would like to sell and rent back your home to raise cash quickly, or simply sell quickly and easily, we are able to help you.

PROPERTY MATE (UK) Limited is a ethically led, client driven company specialising in Repossessions and Rent-Back Options for Homeowners in Huddersfield.

Contact us today and make a fresh start - our solutions add up.

Telephone: 01484 545545 (24 Hours) or http://www.PropertyMate.co.uk

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Property Mate is Huddersfield’s premier property buyers. Increasingly home owners find themselves in financial difficulties due to circumstances which were unforeseen and out of their control.

We offer tailor-made solutions to buy your property without the use of a traditional estate agent, which means we can help you with a quick property sale.

We conduct an ethical business practice and we take pride in our reputation and the service we provide.