Money Worries

2009 has been one of the toughest financial years we have ever seen. Many people have been left with money worries, bills and in some cases debts that are threatening their homes.

Facing repossession, mounting bills and job insecurity can make you want to hide under the duvet and never come out. However, this has rarely improved situations. There are several options that may be available to you. First of all take a real, honest look at your finances; what comes in each month, what goes out, can anything be lived without? (ie, sky tv, extra phone line)

Next, look at your debts; ring each company, calmly explain your situation and ask what the minimum monthly payments could be on a payment plan? (This is not a plan you will want to stay in for too long as the longer you take to pay off your debt, the more interest you will pay.)

If after all this you find that your out goings still exceed your incomings, you need to take some prompt action. Is there anywhere you can turn for a loan? Rich family members who don’t charge interest are great, loan sharks are not. If you have defaulted payments with the bank and mortgage societies they will be reluctant to lend you any more money unless you can prove how you will repay it.

There are other alternatives available to you.

Quick Property Sale:

The Quick Property Sale option is perfect for people who want to sell their homes, but don’t want to risk the uncertain and often disappointing option of an auction house or wait for an estate agent to sell their property. Quick Purchase will always complete within 4 weeks and if you’re in a rush can exchange contracts within 48 hours and complete as quickly as 7 days. 

To discuss your options with a specialist please call 01245 227 303 or apply online