May
16
16/05/2011
According to an economic think tank, UK retailers could be facing many years of poor sales growth. Ernst & Young's Item Club has predicted that consumer spending will rise by only 2% a year in the 10 years up to 2020. Spending is being weighed down by debt repayments, restricted lending and high inflation, and there is the added prospect of interest rate rises yet to come."The squeeze on household budgets is only going to intensify this year, as the gap between high inflation and subdued wage growth continues to widen and we experience a second consecutive year of declining disposable incomes," said Andrew Goodwin, chief economic adviser to the Item Club.
If you are struggling to pay your current bills or mortgage and want to pay off your debts, consider the help of a sell and rent back company. These sell rent back companies will buy your home and enable you to stay in it as a tenant. Property Rescue is one such sell to rent back company and can exchange within 48 hours. You also sell to rent back whilst avoiding paying estate agency fees and valuation 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 rent back response within hours to ensure you sell to rent back as quickly as possible.