Protecting my home from creditors

JamoLew

the property market in the NW is exceedingly hot at the moment - there may be other reasons it isn't selling
Check out the House Buying forum

lincroft1710

HomeSteader444 said:

I have a mortgage-free property I can sell now which is in the NW & despite being on the market for months,only 2 viewings,no offers.Brexit & pandemic making an already  difficult market worse in the NW.

Post a link to the property ad and the property gurus on the site may be able to suggest ways to help it sell. Most often the problem is the asking price.

[Deleted User]

HomeSteader444 said:

Worst case scenario I was imagining was a property price crash & ending up in negative equity,or a moribund property market & too much supply,little demand due to economic situation in UK-mass unemployment etc.I have a mortgage-free property I can sell now which would help.If it was in the SE-problem diminshed.But its in the NW & despite being on the market for months,only 2 viewings,no offers.Brexit & pandemic making an already  difficult market worse in the NW.
If I release equity from my home,I get a lump sum & the property would be secure until my death.I'll go for that.

Better get in before the brexit mega-recession then.