| The property market has seen a boom in recent | | | | The quick answer is to sell your house to a |
| years, but that is all about to change. House prices | | | | property buying group. These companies will buy |
| in the US have fallen in recent years and the UK | | | | your house at up to 90% of the market value, |
| is predicted to follow suit. | | | | and the transaction is usually completed within a |
| Some experts believe that the UK housing | | | | few weeks. Property buying groups buy |
| market will fall 30% in the next 5 years. That is a | | | | properties for investment portfolios so the |
| sobering thought for homeowners with large | | | | housing market does not really affect them as |
| mortgages who have rising interest rates to | | | | they are long term investors, and have other |
| contend with. Are we about to see another UK | | | | interests as well as property. |
| housing market crash? | | | | More and more people are using these types of |
| As more properties come to the market and | | | | companies to get a quick sale on their house. With |
| buyers become more cautious, estate agents will | | | | the market set to fall, the longer your property is |
| have too many properties on their books and | | | | on the market, the more value it will lose. It may |
| house will prices start to fall. | | | | not look like an attractive option to lose 10% of |
| So what do you do if you cannot hold on to your | | | | the value of your house to get a quick sale. But if |
| house in a falling market, and you need to sell | | | | house prices do fall by 30% then you will be |
| your house quickly. | | | | laughing all the way to the bank. |