Feb
24
24/02/2010
As if the economic crisis did not place enough pressure on hardworking UK residents, a study conducted by the Financial Services Authority (FSA) has found that mortgage lenders have engaged in overly aggressive treatment towards borrowers in arrears. The study found that some lenders have taken advantage of the situation to make more money off of people facing financial difficulties, rather than attempting to assist them in remedying their financial challenges. Further, the FSA found that, in some cases, mortgages were moved straight into arrears and that some lenders potentially breached responsible lending rules.
For those who are struggling with their own personal debt, having problems repaying their mortgage and are in need of a viable solution, the help of a sell and rent back company may be in order. Sell to rent back companies buy homes for cash and provide sell rent back options that allow you to remain as a tenant. Property Rescue is one such sell to rent back company and can buy your home quickly with a sell to rent back option, while ensuring that you avoid paying legal or estate agency fees and will be able to enjoy the benefits of sell rent back.
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 house fast response within hours.