Sign up for our FREE guides
“How to maximise your chances of a quick sale at the best possible price” and “How to get out of debt”.
Please be assured that by entering your details below, you will only receive information from Regal Property Services. We do not sell or share your email address and you can unsubscribe at any time by following the link at the bottom of our emails.
The press are predicting a rising tide of people encountering problems with properties bought as buy-to-let investments. There have been reports suggesting that many people who have bought off-plan have been given over-zealous rental figures when initially purchasing the properties and have paid over the market value for such investments.
Subsequently, people are left with properties which are either costing them money each month as the rent doesn’t cover their mortgage payments, or worse, the property stands empty as it competes for a tenant against lots of other properties bought for similar purposes.
The result is that a large number of properties are being sold at figures less than they were bought for by investors desparate to get rid of the investment. At RPS, we aim to try and help people in this situation by offering them a chance to sell their investment very quickly with a number of options available to them to relieve the stress and expense that such situations create.
If you would like more information about our services, please contact us on info@regal-property-services.com or on 08000 688 334 where we aim to help wherever we can.
RPS have gone one step further than any other company specialising in preventing repossessions by offering their clients additional ways to make money - with very little effort! They have a unique referrals system in place which anyone can take advantage of and start earning themselves a minimum of £500 each time they successfully refer someone to use RPS’s services.
Founder of RPS, Silas J. Lees explains how this works - “our business is focussed on people and although we buy property, we also like to help people along the way. We are constantly looking for property all over the UK, and particularly to help people who are in stressful property related situations, however time restraints prevent us from being able to speak to everyone that may need our services.”
“Therefore, we decided to set up a referrals system which anyone can take advantage of. All you need to do is refer people to our website, or pass on our contact details, and if we buy their property from them, you will earn yourself a minimum of £500 cash for your efforts! We feel this system will work very well - imagine being able to save a friend from reposession and earning yourself 500 in the process!”
There is no minimum number of properties you have to refer to RPS or indeed any maximum. You could find this turning into a part-time occupation that replaces your full-time income - now wouldn’t that be nice?
For more information, please visit www.regal-property-services.com or call free 24 hours a day on 0800 688 334.
At RPS, we are always looking for ways to help our clients save money and help them out of financial difficulties and we think we’ve found the perfect solution! As the cost of the Christmas spending rush is now upon us, energy prices are starting to increase and the cost of living is starting to rise, it is important to look at ways of tightening the purse strings!
We have teamed up with Telecoms Plus who are able to offer gas, electricity and telecoms services, such as a phone line, broadband and mobile phones, at cheaper prices than the mainstream providers. One of the reasons why people may not have heard of Telecoms Plus is because they do all their marketing via word of mouth recommendation from satisfied customers. Big companies such as British Gas and BT spend millions each year on advertising and that has to be paid for - in the form of higher prices for their utility services. Telecoms Plus save that money through their unique distribution system, and therefore can pass on considerable savings to the customers. There is also no minimum contract, so you are free to try them out to see how much you save”.
So, if you want to save money every time you switch on a light or use the ‘phone, then please e-mail info@regal-property-services.com for more information or call 08000 688 334.
I heard on the radio the other day that there are approximately 1.5 million households who currently have a fixed rate mortgage deal which is due to expire in the next 6 months! This is a huge proportion of the British housing stock who are going to be looking to re-mortgage or change their lender, however with the current ‘credit crunch’ situation, the reported falling house prices as well as the 85 billion pounds worth of mortgages held by Northern Rock, I have to question how everyone will fare in 2008. The expectation is that the cost of borrowing will skyrocket, especially for those who have ‘black marks’ against their credit history.
I have often wondered about the logic that banks use where they lend vast sums of money when interest rates are low and usually lending a large proportion of this to people who can ill afford it. Then, when interest rates go up, this leads to additional problems where people fall behind on their payments, and then the banks increase the cost of borrowing further! The downward spiral is painful for a lot of people who see borrowing costs increasing when they can’t afford the initial payments!
One of the reasons I set up Regal Property Services was to try and combat the system of the big banks being heavy handed with people who are facing financial difficulties. One of the greatest injustices I see is that when banks lend money, any losses they make are underwritten by a blanket insurance policy. However, if you are unfortunate enough to have your property repossessed, the banks will usually sell it at auction. But here’s the interesting bit - if the property fails to sell for more than the outstanding mortgage held against it, the banks will then pursue the former homeowner for the difference PLUS the costs incurred! How unfair is that?!
However, by using RPS to step in and buy the property to prevent a reposession, you will achieve a healthy price for it, and be able to stay in it as a tenant should you wish to. I like the idea of being able to help people who face such difficulties and ensure they have the opportunity to turn their financial situation around and live a good life.
If you would like to know more about our services and how we can assist you please call free on 08000 688 334. Your call will be dealt with in complete confidence and we look forward to being of service to you.
It was interesting to read that the US Federal Reserve cut interest rates by 0.75% yesterday in a bid to try and stave off the looming recession facing the American economy. It is unfortunate that they are now suffering through lack of forethought from dropping interest rates down to a record 1% back in 2001. The most unfortunate part about it, is the impact this is now having on the economy in the UK which could now suffer as a direct result of the US being too ‘free and easy’ with their lending criteria.
Here in the UK, it is likely that interest rates will fall next month and many are predicting that the downwards trend of interest rates will continue for at least the next 12 months. However, what is not being covered in the press is that anyone without a ‘whiter than white’ credit history is now being faced with increased costs as far as borrowing money is concerned. Many mortgage products that were offered at very competitive and discounted rates some 3-4 years ago are now beginning to expire, and those who want to remortgage are being faced with a very difficult time.
It is saddening to think that many people are being forced out of their homes through repossession through a weak link in the banking system which allowed people to borrow lots of money when the banks thought it was ok to do so, and now, realising they have made some mistakes, are making homeowners up and down the country pay for it. Somehow, it doesn’t seem fair!
The number of repossessions are rising, however people are looking at other options rather than just losing their home to the bank or building society. A company such as mine aims to help people who are in this very stressful situation by buying the property from the homeowner (thereby relieving them of the mortgage and monthly payments), and then renting it back to them if they want to, or allowing them to move out should they so desire.
If you, or anyone you know is facing this situation, we can help! We move very quickly to prevent anyone being repossessed and offer tailor made solutions to each individuals circumstances. If you would like to find out more, please call 08000 688 334 or visit www.regal-property-services.com We can also help to save you money on your monthly utility bills as an added benefit of contacting us. Your enquiry will be dealt with both professionally and courteously and in the strictest confidence.