With a third of all UK mortgages predicted to be in negative equity by next year, a growing number of homeowners and landlords concerned about job security and future income are looking to offload their property quickly, before house prices fall further. PPR is increasingly working with IFAs and mortgage brokers, offering their clients the opportunity to achieve a fast and hassle-free sale.
Nick Hopkinson, director of Property Portfolio Rescue (PPR), commented: “As consumers look to re-assess their debt, we are increasingly working with brokers to assist those whose clients need to sell their property, or portfolio of properties, fast. Not only are we providing brokers with a lucrative new revenue stream, but we are able to assist their clients who are suffering from increasing debt to release the equity they have in their homes quickly, before their value falls further.
“With private and bank finances already in place, we are effectively a cash buyer, able to act quickly and exchange in as little as 48 hours (subject to due diligence).”
