Jul
13
13/07/2010
After the round of bailouts by the UK government that occurred last year, the European Commission ordered groups like Royal Bank of Scotland and Lloyds Banking Group to sell off assets as part of efforts to safeguard against competition concerns. As part of this, Lloyds Banking Group agreed to sell their private equity unit in order to buy out Coller Capital for £332 million, a deal which will include 40 private equity investments, including stakes in TM Lewin and Vue Cinemas, transferring to a new joint venture in which Coller will have 70% ownership, and Lloyds will have 30% ownership.
If you need to pay off your personal debts or are currently struggling to pay your bills, you could consider the help of a sell and rent back company. Sell to rent back companies will buy your home quickly, enabling you to stay on as a tenant if you choose to sell to rent back. Property Rescue is one of these sell rent back companies and can exchange within 48 hours. Also, when you sell and rent back with Property Rescue, you avoid estate agency and valuation fees. Your sell rent back deal is guaranteed to go through once a sell to rent back offer is agreed.
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.