PPR launches 'stop the repossession' service
Property Portfolio Rescue (PPR) has launched a service for advisers whose clients are facing repossession.
PPR claimed its stop the repossesion service allows advisers to provide clients with an alternative to repossession and offers an opportunity for clients to sell their property or property portfolio quickly if they are faced with repossession action.
Adviser are entitled to an introducer fee of 2 per cent of the sale of the property or property portfolio purchased.
The service is available to any client who needs to sell their property.
PPR owns over 200 properties and manages over £40m worth of property assets as landlords.
Nick Hopkinson, director of Property Portfolio Rescue, said: "It is an unfortunate fact of life that many individuals and companies are facing the all too real threat of repossession on their properties at this time."
"Mortgage rationing is causing real problems for many property owners at the moment and anyone needing to remortgage is going to struggle unless they have a huge amount of equity and a perfect credit score."
"Advisers who introduce to PPR can be certain that their clients will be treated fairly, discreetly and above all, quickly, right through to completion.
"We are also providing advisers with a new income stream which pays up to 2 per cent of the sale value."
