Feb
19
19/02/2010
Mortgage advisors have warned of shortfalls in the amount available for lending, due to a lack of funds from mortgage companies. Presently, this gap in funding is being bridged by government schemes, including the credit guarantee and liquidity schemes; however, these schemes are scheduled to terminate in 2014. In the long term, this will likely reduce options for consumers, including first-time home buyers and homeowners who wish to modify current mortgages, by restricting loans to those with the ability to give a large deposit.
If you are struggling with personal debt and facing challenges with mortgage repayment, you could consider the assistance of a sell and rent back company. Sell to rent back companies purchase homes quickly and for cash, offering sell rent back options that would allow you to stay on as a tenant. Property Rescue is a sell to rent back company that offers sell rent back options and also ensures that you avoid estate agency and legal fees. They can also exchange in as little as 48 hours.
For a sell and rent back valuation, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk. You will obtain a sell and rent back response in hours.