Nov
12
12/11/2010
According to recent figures, the number of homeowners in arrears at relatively low levels (behind by 1.5% to 2.5% of the outstanding amount) increased by 100 in October, bringing the number to 83,300. The group of homeowners in arrears for the highest amounts (more than 10% of the outstanding amount) also increased. While families are honing their skills when it comes to prioritising bills and decreasing spending, their ability to manage times of economic crisis are dependent on other variables as well, such as how much their income decreases, how much mortgage costs increase and how long it takes for the wage earners to gain full employment.
Sell and rent back is an option for those struggling with personal debt or having problems paying their mortgage. Considering the help of sell to rent back specialists can help families get back on their feet, while staying in their home by opting to sell to rent back. Sell rent back specialists buy homes quickly for cash, such as one sell to rent back company, Property Rescue, which can provide a sell rent back offer in just 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.