Property Solutions to Sell Your House Fast For Market Value
You can sell your house to a housing association if there is a social housing need where the house is and if the type of property is what’s in demand in that area. But often times housing associates don’t buy properties on the open market, and if they do it will be at below market value.
Pros of living near family includes seeing family more regularly and having a support network for things like babysitting, looking after pets, DIY help and emotional support. But the cons include the cost of having to move, the possibility of having to change jobs and you may be taken for granted.
Pros of living near a volcano include amazing scenery, rich fertile soils and cheaper land and homes, whereas the cons include the dangers of living near a volcano including the destruction of homes, risks of earthquakes, larva flows, fires, tsunamis, mud and pyroclastic flows and the risk of death.
You cannot go to prison for not paying the mortgage itself, but at any stage whilst you are having money problems you disobey an order of the court, you could be sent to prison for misconduct, but not because you’ve not paid your mortgage. If you follow all court instructions you won’t go to prison.
The reason why people buy leasehold property is they tend to be cheaper than freehold properties and it’s a way for first time buyers to get on the property ladder. Many of the properties in large cities are leasehold flats, which means a leasehold property is their only option to live in a city.
It is a little harder to sell leasehold property vs freehold property as leasehold properties have annual service charges and ground rents to pay, making them less attractive. Also, the remaining lease term affects its saleability, and if this is under 80 years it will be harder to sell.
