A quick house sale with us ensures commitment within days and completion within weeks. If you need to avoid repossession or simply want a guaranteed quick cash sale, we can offer cash for your house.

"Thanks to Rapid Home Solutions, we received the cash we needed for our house. We were able to sit down and talk to someone in person and everything was explained clearly. They delivered on all their commitments."

Mr & Mrs Davies,
Merseyside

"Rapid Home Solutions removed the burden of the mortgage from me. When I needed to sell my house fast, they provided a solution."

Mr Taylor
Somerset

"We would not have been able to avoid repossession if it were not for Rapid Home Solutions. The quick property sale process was hassle free. "

Mr and Mrs Griffiths,
N Wales

Borrowers Predict Interest Rate Rise

According to Legal & General, some 87 per cent of home owners chose a fixed-rate mortgage product during the second quarter of 2009. This is due in part to the perception that interest rates are on there way up.

At the moment a staggering one in ten borrowers are in negative equity. In the unlikely event of another 14% drop in house prices 25% of all borrowers could be in this unenviable position with no chance of selling their house quickly.

Our view is that certainly interest rates can only go one way but we don’t predict this happening in 2009. We foresee a gradual increase in interest rates over 2010. At the present time the economy is in dire straits and inflation is continuing to fall however inflation in the medium term (next 2 years) could rise steeply.

With unemployment levels rising and economic output forecast to shrink further the future for the housing market looks bleak. This doesn’t bode well for those who want a quick house sale. As house prices are still falling first time buyers are reluctant to enter the housing market. With out this driving force those looking for a fast property sale will be disappointed.

With approximately one quarter of homeowners in a position were they can’t remortgage an interest rate rise is a particularly daunting thought. This is due to the fact they are at the mercy of the banks standard variable rate. If interest rates do rise substantially before we see an increase in property prices then repossession rates could rise to levels that have never been seen before. The banks are mandated by recent government guidelines to help home owners avoid repossession. With further interest rate rises this help will only delay what could be seen as a ‘sinking ship’. With no chance in the current climate of selling their house fast and no way of affording rising monthly mortgage payments they will not be able to stop repossession.

If you are looking to sell your house fast the time to act is now before an interest rates rise and prices fall further. Rapid Home Solutions can cash buy your house enabling that quick house sale before the situation deteriorates. Acting early could help stop repossession and all the negative implications of this.

About The Author

The opinions expressed in all news articles are those of Rapid Home Solutions Ltd. The material is for general information only and does not constitute investment, tax, legal or any other form of advice. You should not rely on this information to make (or refrain from making) any decisions. Always obtain independent, professional advice for your own particular situation.