May
16
16/05/2011
A leading economic think tank has warned that UK households may face the biggest drop in income for 30 years. It reported that average income could fall 3% this year, which would be the steepest drop since 1981 and would take households back to 2004-5 levels. Lower wage increases and the corrosive effect of rising inflation mean that it is "entirely possible" that income this financial year (2010-11) will return to levels of six years ago, the policy group said.
This will undoubtedly have a knock on affect on mortgage market, which in turn will make it more difficult to sell house fast, due to lack of buyers. If you need to sell home fast for cash a sell house fast specialist can turn a quick sale around in days. They will secure a quick house sale, buying for cash and charging no estate agency fees or valuation fees, in order to sell house quick. They respond extremely quickly, great if you have a broken house chain or need to relocate.
For a sell home fast valuation, call Property Rescue on 0800 1313 999 or email them sales@propertyrescue.co.uk. You will obtain a quick house sale response in hours to sell house quick.