Three London Properties Purchased for 3 Pounds and an Arsenal Ticket
The London property buyers change the fortunes of client in Negative Equity.

LONDON, ENGLAND, June 20, 2011 /24-7PressRelease/ -- The London Property Buyers, a family run property buying company based in North London, announced this week that they were able to help a client sell 3 separate flats, totalling GBP600,000 in value, for the price of GBP1 each and an Arsenal Football Ticket.

Back in September 2010, a soon to be client named Joynal contacted the London Property Buyers with a problem. He wanted to sell all three of his flats because they were in negative equity. In order to sell property quickly, Joynal had to find a buyer and as the wait for a buyer continued, the values of his properties were continuing to drop.

He has recently taken on family commitments with a new child having recently arrived.

Joynal was in possession of one 2 bedroom flat which he wanted GBP230,000 for but was valued at GBP170,000, and two 1 bedroom flats which he wanted to sell for GBP190,000 but were only actually worth GBP150,000 each, when they were all valued by an independent surveyor.

When Joynal thought there was no way out, he contacted Laurence from the London Property Buyers about the possibility of buying his three flats, and after a brief phone call, Laurence agreed to pay the full price that Joynal wanted, despite their lower value in today's market.

For the price of GBP1 each (and a Ticket to see Arsenal), The London Property Buyers agreed to take over Joynals Mortgage payments and 'babysit' his properties until the housing market recovers from its current slump. When the properties have reached something close to their previous value, The London Property Buyers will buy all 3 of his properties for the agreed amount. Everything was conducted in a legal and professional manner, with all the information and paperwork going through solicitors.

This meant that Joynal was able to sell his properties at the price he wanted, as well as relieving him of his debt, and The London Property Buyers have 3 new long-term investments to nurture.

Press Release Contact Information:

Laurence Moore
The London Property Buyers
Founder
24 Stonefield Street
London
United Kingdom N1 0HW
Voice: 0800 879 9889
Website: Visit Our Website