Home repossessions are set to rise dramatically next year, and will reach levels not seen since the 1990s house price crash, according to figures released by the Council of Mortgage Lenders.

The UK housing market is in danger of a serious downturn, according to Alan Greenspan, the former chairman of the US Federal Reserve, who also advises Gordon Brown.

Putting your house on the market and going through the selling process can be one of the most stressful things you can do in life, so why not avoid the hassle by opting for a quick house sale?

According to the FT, the number of companies offering quick house sale solutions has increased dramatically over the last couple of years. There are now more than 200 companies that offer homeowners a fast house sale. This figure has risen from around 25 property cash buying companies about a year ago.

The number of companies offering fast house sales has increased recently, and there are now over 200 such companies in this sector, up from around 25 just a year ago. So why are people looking for a quick house sale?

There are many people and companies on the internet that advertise themselves as property cash buyers and, if you are looking to sell your house fast, its important to be aware of the differences between them.

House repossessions rose in the first half of the year, by 30% on the same period in 2006, indicating that some homeowners are struggling with the five recent interest rate rises
The figures are from the Council of Mortgage Lenders, the industry body, which laid the blame on two factors:
An increase in sub-prime mortgage lending, where […]

If you have fallen behind with mortgage or any other loans secured on your home, especially with the recent rate rises, and you are under threat of repossession, there are a number of ways to deal with the problem: