Illness - Divorce - Repossession - Inheritance - Retirement - Fresh Start - Quick Sale - Clear Debts - Unemployment - Equity Protection
Repossessions:
If you have a repossession or court date looming or have already been to court and secured an extension, contact TRFC as soon as possible and explain your situation. TRFC will negotiate with the court and prevent the repossession from happening. If you let a repossession proceed, the mortgage provider can evict you and sell your property below the value of your mortgage, suing you for the deficit for as long as it takes to recover the shortfall. Selling your property and renting it back will not damage your credit rating unlike any late payments or court judgments which certainly will.
Protect your equity:
The average UK house value fell again in December, dropping by a further 3.2% or £7,980.00 in a single month alone and the sharpest drop of 6.8% was in London with average house prices falling by a whopping £28,000 according to the latest figures from Right Move, the UK's largest house price index. This is also the first time in 12 years that Halifax has recorded falls in three consecutive months. with some analysts predicting a further 30% crash over the next few years. In light of these reports, now would be a good time to protect your equity.
Unlock your cash:
However you look at it, re-mortgages and loans are usually secured on your home and you will pay significantly for the privilege. Selling and renting back uses the equity that is tied up in your property so there is no interest or monthly credit payments and no risk of losing your family home due to missed credit or mortgage payments. If house prices keep falling, sell and rent back deals won't be around for long so grab one while you can.
Retirement:
Relax and enjoy your retirement years by releasing the equity in your home and eliminating the stress of monthly loan payments. Selling and renting back is not a loan so your age does not matter. There are NO credit forms to fill in and no need to move home to unlock your equity tied up in your property.
Costs and Fees:
Don't worry about the cost, TRFC pay all your fees and costs on completion.TRFC can also adjust your rental payments for a period that suits you, giving peace of mind for years to come.
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