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Sell and Rent Back – UK Rent Arrears Increasing

Feb 11

11/02/2011

According to a monthly survey conducted by LSL, a property firm, unpaid rent and late-paid rent is on the rise. After November saw total rent arrears of 10%, it appears that tenants experienced even greater financial difficulties in December, when almost 12% of all rents went unpaid or were paid late. LSL reports that this brought total unpaid rent up to £276m, which is the highest it has been since December of 2009. LSL’s David Newnes points out that more tenants will likely fall behind on rent as unemployment and rents continue to rise.

Considering the help of a sell to rent back company is an option for those facing redundancy or struggling with personal debt. These sell and rent back companies buy homes quickly for cash and will allow you to stay on if you opt for sell rent back. One of these sell to rent back firms, Property Rescue, charges no legal or estate agency fees and can provide a free valuation and sell to rent back offer in just hours, making sell rent back easy and fast.

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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