Joint Venture

The win-win of home refurbishment Joint Ventures If you are facing repossession, the future can seem bleak. Mortgage arrears can spiral out of control, leading to the loss of your home, not to mention the damage to your credit rating. However, there are creative solutions out there and one that not only halts repossession but […]

JV, Collaboration, Joint Venture…..the same thing! After writing about the joint venture solution to repossession, I got asked what “joint venture” actually meant. In the context of a home that is about to be repossessed and also needs some refurbishment to add to the equity the homeowner has, for me, a joint venture is a

The Joint Venture solution for homeowners facing repossession. Homeowners facing the threat of repossession due to mortgage arrears often find themselves searching for a lifeline. One such innovative solution is entering into a joint venture agreement with an investor. This strategy not only aims to save the home from repossession but also turns a challenging

Are you in control if you have to sell your home to stop repossession? If it becomes clear to your lender that you can’t pay your mortgage arrears, they will apply to the courts for a repossession order, which gives them the right to take the property back from you. However, you still have the

Consider getting as much money as you can for your debt situation! I have recently spoken to a couple, homeowners that were facing repossession due to falling behind in their mortgage payments. Although (unfortunately) there are thousands of people in the UK currently in the same situation, what struck me we with this couple was