Jul
27
27/07/2010
Official figures show that new public sector borrowing in the month of June was higher than expected. Economists had forecast borrowing at £13.1 billion; however, the Office for National Statistics (ONS) put actual net borrowing for June at £14.5 billion. This is lower than June 2009, which saw public sector borrowing at £14.7 billion, but was significantly higher than forecasts for this year. In addition, the ONS pointed out that this brought total government debt to 63.9% of the annual economic output. This is the highest ratio since March 1993, when that measure was first implemented.
For those who are struggling with their own personal debt and problems paying their mortgages, there is help. People who need to pull cash from their homes or want to pay off debts can seek the assistance of a sell and rent back company. Sell to rent back companies buy homes fast for cash and allow you to remain as a tenant with a sell rent back option. Property Rescue, one such sell to rent back company, can buy your home very fast, ensuring that you will avoid estate agency and legal fees, and that you will be able to sell rent back, remaining in your home. This sell to rent back company also offers free valuations and an offer within hours.
For a sell and rent back valuation, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk. You will obtain a quick house sale response in hours.