Property developers exploiting house sellers abandoned by lenders refusing mortgages

This is an issue caused by mortgage lenders who have become twitchy following the Grenfell Enquiry. This situation  has resulted in house sellers/ home owners who simply cannot  sell their properties who are then being exploited by developers who are offering to buy the properties  at lower than the market value.  This situation  has occurred  because prospective  buyers are being refused mortgages to buy  these properties  and home owners are being forced to sell to these property  developers  who will be a last resort for most people. Otherwise their properties  are being made worthless because they simply cannot sell them on at all. I have contacted many councillors  and politicians about the issue and none are interested  in taking up the issue at all.

Continue reading Property developers exploiting house sellers abandoned by lenders refusing mortgages