Jan
26
26/01/2010
As the economic crisis continues, increasing numbers of households are resorting to borrowing money on their credit cards to pay their mortgages or rent. In 2009, millions of renters and homeowners, totaling 6% of UK households, used this method of payment. Lower income households were the most likely to use credits cards for payment, with increasing numbers of middle class families also resorting to credit cards. Over the last 12 months, the number of middle class households using credit cards to pay rent or mortgage increased by 4% and the number of lower income households using credit cards for this purpose rose by 8%. People using credit cards to pay their mortgages are at risk of losing their homes, as defaulting on credit card payments can lead to repossession in some cases.
If you are finding it difficult to secure a quick house sale, you might consider the services of a sell home fast specialist. Sell house fast specialists will buy your house fast for cash, with the added benefit of being able to sell house quick without estate agency or valuation fees. The sell home fast offer is turned around within hours, and the exchange can take place within two days.
For a valuation to sell house quick, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk. You will obtain a sell house fast response within hours.