Mar
26
26/03/2010
Personal debt has been on the rise in Britain for some time now, but new research shows that the rising cost of interest payments is poised to become an even greater burden on many households. Over the past 12 months, personal debt interest repayments alone totaled £68.3 billion with each household paying an average interest on their total debt of approximately £2,710 per year. Research shows that, as interest payments increase, the average household will be required to spend approximately 15% of their net income solely on the interest payments arising from their debt.
If you are among the many borrowers who are facing challenges repaying their personal debt and household bills, you may want to think about using the services of a sell and rent back company. Sell to rent back companies buy homes very quickly and for cash, allowing you to stay in your home as a renter when you opt for a sell, rent back option. Property Rescue is one such sell and rent back company and can buy your home quickly with a sell, rent back option. When you opt for this sell to rent back deal, you also will not pay legal fees or estate agency fees.
For a quick house sale valuation, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk. You will obtain a sell home fast response extremely quickly.