Are Cash Deals What You Need

1

• Are Cash Deals What You Need
• Shockingly just released figures have revealed
  that over more over a third of houses in the
  United Kingdom are entirely paid for in cash.
  Homes purchased with no borrowing have reached 35
  per cent, compared to 10 to 15 before the 2008
  financial crisis. Be sure to take a look at how
  much is my house worth now.
• Total No Debt Mortgages
• When these deals were analyzed over the past
  year, it showed these deals were worth a total of
  237billion transactions involved in no debt
  such as mortgages. This has cast doubt on the
  fears of a debt-fuelled property bubbles.
• Where Did Money Come From?
• Lawyers are used to a barrage of questions from
  estate agents and solicitors - even if they
  arent able to see why these purchases of a house
  require so many checks. Does it matter if the
  money is coming from sales of vacation houses,
  redundancy, or an inheritance from a great uncle?
• This is a problem for those who regard all
  financial affairs as secret and object to any
  close questioning, but the law doesnt see it
  that way. Lawyers and estate agents have to
  report any activities such as those find suspect
  involving any cash funding of purchases.
• New Companies