Stop repossession process

8 steps on how to stop repossession

Until recent it was a lengthy and stressful process to stop repossession. Below is the Quick Purchase process on how to stop repossession.

Step 1: Contact Quick Purchase by either via applying online or 020 8559 7780 or 0800 5999 000 (24 hour free phone number)

Step 2: A Quick Purchase representative will discuss your requirements and take necessary details about your eviction notice and all the necessary property details.

Step 3: Your Quick Purchase representative (who is assigned to you) will then carryout the necessary research to ascertain the ‘Realistic Local Market Value’ of your property and also obtain the local market rental value.

Step 4: Your Quick Purchase representative will then present you with an indicative offer and also the rental figure, via the telephone. Upon accepting the offer your Quick Purchase representative will arrange a time, to suit you, to meet at your property (generally within 24 - 48 hours).

Step 5: Once we have carried out an inspection of the property we will discuss all of the solutions available to you. If you wish to proceed with selling to Quick Purchase we will, legally ‘Exchange Contracts’ immediately and sign a rental letter confirming what your rent be.
Step 6: We will recommend you to one of our panelled solicitors, who will correspond with your mortgage company and any other company with a secured charge against the property, and stop repossession proceedings.

Step 7: Upon completion, you will need to cancel your building insurance and any service agreements with companies i.e. service agreements on your boiler. Our experienced and professional tradesmen will then carry out any necessary work required to meet current landlord requirements.

Step 8: You rent back and remain living in your family home, for as long as you require. We will review the rent each year and adjust the rent accordingly to ensure that you are always paying local market rent.  Further terms and conditions apply, please read our terms and conditions page for further details or alternatively please contact us.

It’s never been easier to stop repossession and remain in your home.

Also see:

Stop repossession
Eviction notice
Repossession process
Stop house repossession 
House repossession advice
Rent back

Contact us or apply online today, and stop repossession taking place.