Mortgage arrears and repossession risk

Stop the bank. Save your credit.

The bank has issued proceedings, or you know they will. A mortgage sale in 6-12 months will destroy your credit record and leave you with a shortfall. We work with buyers who can complete before the redemption date — sometimes within 4 weeks.

Time-sensitive: every month of delay makes the bank sale more likely. Buyers available for fast completion in all major UK regions.
⏱ Match in 48h · Completion possible in 4-6 weeks · Pre-recovery

How it works for your situation

  1. We assess your timeline against the bank's enforcement schedule.
  2. If we can complete before possession, you walk away with cash and your credit file stays clean.
  3. We coordinate with the bank's solicitors directly. The bank's charges are settled from completion proceeds.

What we'll need from you

  • The full address
  • Your mortgage lender and approximate outstanding balance
  • Whether the bank has issued formal possession proceedings yet

What we sidestep (and the standard alternatives)

  • The bank's own sale (which always undervalues and stays on your file for 6 years)
  • Equity-release schemes that compound the debt
  • Sell-and-rent-back schemes with punitive interest rates

Questions people in your situation ask

Will this show on my credit file?

If we complete a clean sale before the bank takes possession, no. You walk away with cash and your credit file is unaffected. A bank-led sale stays on your file for 6 years.

What if I'm already in arrears?

We can still help. The buyer pays the arrears and the rest of the mortgage off at completion. You receive any equity above the mortgage balance.

What if the property value is less than the mortgage?

We work with specialist funds for short-sale cases. We negotiate with the bank to accept less than the full balance and write off the shortfall.

Instant Valuation Estimate

Before you fill in the form — get a sense of what your property could be worth across three scenarios. No form, no obligation, no catch.

Three-Scenario Property Valuation

Open market, vendor finance, and assisted sale comparables — for professional investor use

Tell us about your property
Property Photos (Optional)

Up to 10 photos. JPG, PNG, or WebP. Max 8MB each. Buyers want to see the property — the more useful the photos, the faster the match.

Click to upload or drag and drop
JPG / PNG / WebP · up to 10 photos · 8MB each
Property Details
Your Situation
Seller Verification & Declaration

To protect both parties and reduce transaction failure risk, all sellers must confirm the following before submitting. These declarations are required for every submission.

VERIFICATION PROCESS

Once an offer is accepted, Rapideal conducts: (1) Land Registry title check, (2) seller identity verification, (3) proof of funds confirmation from the buyer. These checks protect both parties and reduce transaction failure risk.

Your Contact Details
Your Solicitor — optional, helps speed up transactions
Seller Acknowledgement Agreement

PARTIES: This Agreement is between the Seller ("you") and Rapideal Marketplace Ltd ("Rapideal").

1. RAPIDEAL'S ROLE: Rapideal operates a transaction platform for complex property sales. We introduce buyers to sellers. We are not your solicitor, conveyancer, financial adviser, or valuer. We do not guarantee a transaction will complete.

2. YOUR PRICE: The asking price is set by you. Rapideal provides an indicative valuation estimate, but the asking price is yours to determine. You are not obligated to accept any offer.

3. SELLER FEES — NO SUCCESS FEE: Listing your property on Rapideal is free. There is no success fee, no introduction fee, and no charge deducted from your sale proceeds. Sellers receive the full agreed price.

4. PREMIUM UPGRADE (OPTIONAL): You may upgrade to the Premium tier (£149 + VAT one-time) for priority placement, professional photography, conveyancing referral, valuation referral, a live deal dashboard, and price-drop protection alerts. This is optional — the free tier gives you full access to the buyer network.

5. PRICE-DROP PROTECTION: If any buyer's offer falls more than 5% from their initial expression of interest to their instruction-stage offer, this is flagged in your deal dashboard. You are under no obligation to accept a reduced offer.

6. FREE EXIT GUARANTEE: You may withdraw your submission at any time before exchange of contracts — for any reason, with no charge, no penalty, and no obligation.

7. EXCLUSIVITY — 12 MONTHS: For 12 months from submission, Rapideal is your exclusive introduction agent via the Platform. If you complete a sale with a buyer first introduced by Rapideal during this period, no success fee applies — but the introductory relationship is acknowledged.

8. SOLICITOR: You will instruct your own independent solicitor to handle the sale. Rapideal may share your details with specialist partners relevant to your situation (e.g. conveyancers, surveyors).

9. ACCURACY: You confirm all information provided is accurate to the best of your knowledge and you have the legal authority to sell the Property.

10. GOVERNING LAW: This Agreement is governed by the laws of England and Wales.

Your indicative asking price: £To be set by you — you may change this at any time before accepting an offer.   ·   No success fee. No deduction from proceeds. Free exit guaranteed.

No commitment. No obligation. 100% confidential.