Mar
12
12/03/2010
The world of mortgages is quickly changing, with the transformation perhaps being most evident in the dramatic increase in new mortgage deals requiring deposits of at least 25%. In August 2007, just before the current credit crunch began, only about 16% of mortgage loan deals required down payments of this size; however, as of March 2010 the proportion of loan deals requiring at least a 25% deposit has risen to a shocking 65%.
If you are one of the many property owners struggling to pay your monthly bills or facing challenges remortgaging your home, consider the assistance of a sell and rent back company. Sell to rent back companies can purchase your home quickly and for cash, which can allow you to pay off debts. And, when choosing a sell rent back option, you can also stay in your home as a tenant. Property Rescue is a sell to rent back company that can exchange in as little as 48 hours. Sell and rent back companies also allow you to benefit from no estate agency fees and valuation fees. Sell rent back helps homeowners take control of their personal debt and get out from under cumbersome mortgages. If you are struggling, consider the assistance of a sell to rent back company.
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.