Any Property, Any Land, Any Condition
No Planning Permission Required
No Hidden Fees or Costs
Quick Sale - Fast Completion!
Need to sell your house quickly, but have no equity?
At ALP Developments we have an option for you! We have a free solution available that can help sellers in difficult financial problems, even with no equity in their mortgage. It's called a No Equity Lease.
If a poor investment or a difficult financial situation have left your property with negative or no equity, our 'No Equity Lease' can help free you of mortgage payments in as little as one week.
How do No Equity Leases work?
Rather than offering our regular cash sale options, we take over the mortgage payments and maintenance of your property for a set period (usually around 7-10 years). During this period we have the option to buy the property at a fixed price, once we feel the value has risen to a suitable amount.
This is a win-win situation for everyone, since we are guaranteed a return on our outlay and you are able to secure a confirmed sale of your house, whilst no longer facing the burden of unmanageable monthly payments.
There is no extra involvement required at your end to get this organised, as we will pay all the legal fees and costs, including appointing an independent solicitor to act on your behalf.
Why choose a ALP Developments No Equity Lease?
An ALP Developments 'No Equity Lease' would be ideal for any of the following situations:
- You are facing repossession or are in arrears with your mortgage payments
- You are in a position to move on from your property without an instant cash lump sum
- You want freedom from mortgage commitments and to move out ASAP
- You want to get the full market price (or as close as possible) for your property