Property Rescue Blog

01/07/2009 

With the staggering number of people predicted to be in arrears of their mortgage in 2009 - the Council of Mortgage Lenders estimates that 360,000 mortgages in the UK will be in arrears at approximately 2.5% of their outstanding balances - sell and rent back services are becoming more and more popular.

Although joblessness is largely to blame, the problem would actually be far worse if interest rates hadn't gone down as they did. Despite that, many homeowners struggle and are turning to sell to rent options to save their homes; with sell and rent back services offered by Property Rescue, repossessions and falling behind in mortgages can be avoided.

With sell to rent services, homeowners who are falling into arrears with their mortgages can stand a good chance of cutting the problem short. Since so many people are struggling with this problem, it is easy to see why sell and rent back options are becoming so very common. Among the possible solutions, sell to rent is the most effective and can offer an incredibly easy solution for people facing serious problems with their mortgages.

For a sell to rent valuation, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk.

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