Property Rescue Blog

The first month on month rise in home prices occurred this past June, according to the Land Registry, the first time this happened since January 2008. This is promising news for many, but for many others sell and rent back continues to be the best available option. Despite the upbeat news, there is still a "flattening" going on with home prices.

Since so many places have been shutting down during this economic crisis, there are more shops available to rent in England and Wales than there have been in years. The number of available shops increased from 4% to 12%, and 12,000 independent shops and 4,000 branches of major retailers closed already this year.

According to the Office for National Statistics, unemployment rose by a record 281,000 and now stands at 2.38 million. The jobless rate went up to 7.6%, the highest it has been in ten years. Those collecting unemployment benefits rose by 23,800 during June but were actually less than expected.

With recent news that the UK government's debt has reached £799bn - or approximately 56.6% of UK GDP. Additionally, new borrowing was £13bn in June - double what it was a year ago.

In this second Sell to Rent FAQ article for the Sell and Rent Back Blog, we cover three more of our most popular questions.  If you have any more questions about sell and rent back, please contact us.  We are here to help!

A new monthly survey by the DCLG (Department of Communities and Local Government) shows that property values continue to fall - but at a slower rate than in the past. This is heartening news for some; however, those who need to sell home fast are still struggling to find a sufficient way to do so.

There is more rough news for the job market in the UK, as Jaguar announced that it is axing 300 jobs from its Halewood plant on Merseyside. With more people set to lose their jobs, sell and rent back options rapidly gaining in popularity.

In this first of 2 articles about Sell and Rent back FAQ's, we've compiled our most frequetly asked Sell to Rent questions. The next Sell and Rent back FAQ article will folllow next week.

With news that the number of unemployed people over the age of 50 has increased by 50% in the last year in the UK, people could consider sell to rent options to ease their financial pain

With a minister's recent admission that the government's mortgage rescue plan has helped only six families since its implementation in January, people are turning more and more to sell and rent back options to avoid repossessions and other trouble.