Mar
10
10/03/2011
There has now been no change to UK interest rates for two years, even though inflation is currently twice the Bank's target rate. Three MPC members voted for a rise in February, a move which has brought about speculation that rates could change this month. Raising rates means that the cost of borrowing is increased, there are worries that this may cause another recession in the UK, especially after the shock 0.6% contraction in the economy seen in the last quarter of 2010.
If you find yourself struggling with your own personal debt, and are having problems paying your own mortgage you could consider the help of a sell and rent back company. These sell to rent back companies buy homes superquick for cash and allow you to remain in them as a tenant. Property Rescue is one such sell rent back company and can buy superquick, to ensure you sell to rent back without paying estate agency fees and legal fees too.
For a valuation to sell and rent back your house quickly, 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 to rent back response within hours in order to sell rent back your home.