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FAST TRACK HOMEBUYERS SPECIALISE IN BUYING EX-LOCAL AUTHORITY HOMES AND PROPERTY THAT HAVE BEEN ISSUED WITH A SECTION 20 NOTICE

 

If you have an ex-local authority home and you are looking to sell it to release the equity, call Fast Track homebuyers now. If you have purchased your home from the Local Authority and recently been served with a section 20 notice confirming your share of costs for required works to refurbish the property, call Fast Track homebuyers.

Local Authorities are required by the Government to upgrade and maintain the freehold property within their portfolio. When a building needs upgrading, the council will issue a section 20 notice to the leaseholders of a building. A section 20 notice is a formal notice of essential repairs to the external and internal communal parts of the building.

These works typically include:-

  • Roof repairs
  • External redecoration
  • Plumbing and electrics
  • Upgrading of the communal areas

Works under a section 20 notice can be extremely expensive. Every leaseholder in the building is required to pay their contribution and could potentially end up with a significant bill for repairs.

Whether you want to stay in the property and raise the money, or sell the property to pay the section 20 notice, Fast Track Homebuyers can help immediately with our Sale, Rent Back and Buy Back product. This is a proven and preferable solution for leaseholders who wish to release equity from the property to pay the section 20 costs and stay in their home. Once Fast Track Homebuyers has purchased the property and paid the secured charge and the section 20 costs, you have the flexibility to rent back your home as well as an option to buy back your home at fixed price up to 3 years from completion.

Sale, Rent Back and Buy Back information   View

CALL FAST TRACK HOMEBUYERS FOR AN IMMEDIATE DECISION IN PRINCIPLE ON
0845 257 1683 [24 HOURS – 7 DAYS A WEEK] OR CLICK HERE

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Fast Track Homebuyers (registered in England and Wales under Co Registration Number 5981550)
Registered Office: 1 Conduit Street, London, W1S 2XA
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