House price values continue to fall
by: Bruce Jones |
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A recent survey by leading house price experts in the UK reveals that the average family home is now worth less than it was a year ago. This news is potentially bad for landlords who are currently looking to offload their property to raise capital for a new project.
The survey suggests that prices have fallen by as much as 1% since 2007. A leading building society predicts that the prices will continue to fall by up to 10% over the next year leading into 2009.
As if the price crash wasn’t bad enough, one of the other key problems with selling in the current market is that once all the estate agent costs and fees are taken into account, many landlords find themselves out of pocket and not breaking even on their investment. This is especially the case for landlords who came onto the market in the past 3 years.
One way of combating certain costs involved with selling property would be to complete a quick property sale with an express home buyer agent. Such agencies will agree to purchase all kinds of properties for an agreed fee and in a speedy manner. You receive the added benefit of avoiding the associated costs, time and hassle of a standard estate agent based sale. In addition, the sale is done in cash meaning you will have the funds for your new venture within days.
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About the Author
The author of this article is a professional in the quick property sale market. If you would like more information about how to sell house quick then contact the experts at Swift Capital.
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