Mar
22
22/03/2010
The Council of Mortgage Lenders has released a report showing a slowdown in mortgage lending in recent months. According to their research a comparison of gross lending for house loans in December 2009 and January 2010 shows that mortgage lending fell by 32%, resulting in a 10-year low of £9.1 billion. Additionally, the Bank of England also reported a fall of 17% in the number of mortgage loans approved during January.
For those who have personal debt and need to free up cash, and are currently facing difficulties remortgaging properties, sell and rent back might be the answer. Sell to rent back companies buy houses for cash, offering helpful sell rent back options that allow you to remain as a tenant. Property Rescue is a sell and rent back company that can purchase your home fast with a sell to rent back deal that ensures you will not pay estate agency fees or legal fees. Sell rent back will also help you free up cash to clear debts and meet monthly living expenses. Property Rescue can help you quickly and conveniently sell to rent back.
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.