Feb
23
23/02/2010
In September 2009, nearly 200,000 mortgages had fallen into arrears by at least 2.5% of the outstanding balance. There is a new proposal by the Financial Services Authority (FSA), and supported by the Citizen Advice Bureau, that proposes protections for mortgage holders that are in arrears, ensuring that borrowers facing financial challenges will receive fair treatment and that unfair charges are not levied. The proposal also asserts that repossession should be used as a last resort after all other options have been exhausted.
If you are a homeowner, are struggling to pay your mortgage bills and would like to clear your debts, consider the assistance of a sell and rent back company specialising in quick home sales with sell rent back options. Companies offering sell to rent back can buy your home quickly and allow you and your family to remain in it as a tenant. Property Rescue is one such company offering sell to rent back and can exchange in as little as 48 hours. Using this sell rent back option, you will avoid paying estate agency and valuation fees, and will be given the opportunity to sell to rent back your home.
For a sell and rent back valuation, call Property Rescue on 0800 1313 999 or email them at sales@propertyrescue.co.uk. You will obtain a sell home fast response extremely quickly.