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Sell and Rent Back - Consumer Borrowing on the Rise

Apr 4

04/04/2011

Recent figures show that consumers got a bit bolder in terms of unsecured borrowing and mortgages in the month of February. The Bank of England reported that mortgages for home purchases were up 815 from January, reaching 46,967, while remortgaging increased to the highest point seen in 26 months as borrowers worked to secure good deals. Increases in overdrafts and personal loans also ensured a rise in unsecured debt, which increased by £768 million.

If you are currently struggling to pay your bills and want to pay off debts, consider the assistance of a sell to rent back company. These sell rent back companies specialise in buying homes for cash, while allowing you to stay in your home as a tenant when you opt for sell and rent back. Property Rescue is one of these sell to rent back firms and can exchange within 48 hours. When you choose to sell to rent back with this sell rent back company, you also avoid paying estate agency, legal or valuation fees.

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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