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Sell and Rent Back – Mortgage Lending 9-Year Low

Jan 28

28/01/2011

Figures show that 2010 saw UK mortgage lending fall to the lowest level in nine years. Additionally, the Council of Mortgage Lenders (CML) predicts an increase in home repossessions and the number of borrowers falling into arrears on their mortgages in 2011. With the latest inflation data showing an increase in the cost of living in December, CML also believes that the Bank of England may be raising interest rates earlier than anticipated.

If you are among the many struggling to pay your mortgage or debts, you might consider the help of a sell to rent back company. These sell and rent back companies purchase homes for cash, allowing you to remain in your home as a tenant after the sale. One of these sell rent back companies, Property Rescue, buys homes quickly and charges no estate agency of legal fees. When you sell to rent back with this sell rent back company, you receive a valuation and offer in just hours and can exchange in just 48 hours, making sell to rent back fast and easy.

For a valuation to sell and rent back your house quick, contact the Rent Back Experts division of Property Rescue on 0800 1313 999 or email info@rent-back-experts.com. You will obtain a sell house fast and rent back response within hours.

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