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Sell and Rent Back – Rental Prices on the Rise

Mar 15


15/03/2011  RssIcon

 

If you're thinking of selling your home so that you can save money by renting a property, you might want to think twice. According to the Royal Institution of Chartered Surveyors, rental prices for homes rose rapidly at the end of 2010 and beginning of 2011. In total, the average cost of renting a home went up by 40%. The average rental price is the highest it's been since the survey began in 1998. To make matters worse, surveyors anticipate prices to continue to rise through the spring.

An alternative way to sell your home and switch to a lease is to sell and rent back your own home. Many people sell and rent back their homes, enabling them to escape crushing mortgage payments and pay off personal debts while still staying in their homes.

The sell rent back experts at Property Rescue can help you sell to rent back your home. By executing a sell rent back deal with Property Rescue, you also avoid paying any estate agency or legal fees. To find out more about the process of sell to rent back, contact Property Rescue on 0800 1313 999 or email info@rent-back-experts.com. You'll receive a rapid sell to rent back response.
 

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