London, England -- (SBWIRE) -- 06/21/2011 -- 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 £600,000 in value, for the price of £1 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, but he struggled 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 £230,000 for but was valued at £170,000, and two 1 bedroom flats which he wanted to sell for £190,000 but were only actually worth £150,000 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 £1 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.

About The London Property Buyers
The London Property Buyers are able to help many people in London who are struggling to sell their property or who no longer want their property. The London Property Buyers will always listen to your price and they pride themselves on being able to offer a variety of options that can help their clients get rid of their negative equity, and sell their property quickly without any hassle.

This is a unique service offered by The London Property Buyers to people who maybe struggling with a property problem and want to sell quickly at the highest price possible.