May
5
05/05/2010
Government borrowing hit a new peacetime high last year, reaching £163.4 billion (equivalent to 11.6% of the Gross Domestic Product) by the end of the financial year. This is the largest annual borrowing total of any UK government during peacetime. According to the Office for National Statistics (ONS), the government borrowed £23.5 billion in March of this year. This record high borrowing has added significantly to total government debt, which currently stands at £890 billion (equivalent to 62% of the Gross Domestic Product).
This will inevitably lead to increases in taxation after the elections, which will have a knock on effect on the housing market. A lack of qualified buyers who can afford to purchase a home will make it much more difficult to sell house fast. If you need to sell home fast for cash to avoid mortgage arrears, clear debts or pay household bills, a sell house quick specialist can help. Quick house sale specialists buy for cash and can turn a sale around in days. When you sell house fast to a sell home fast specialist, you get the benefits of a quick house sale with no estate agency or valuation fees. Sell house quick specialists respond quickly, which is ideal for those with broken house chains or who need to relocate.
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.