With news that the number of unemployed people over the age of 50 has increased by 50% in the last year in the UK, people could consider sell to rent options to ease their financial pain.
A survey done by Age Concern shows that 25% of those age 50 and older are afraid of losing their jobs, further highlighting why sell and rent back agencies are experiencing such a boost in popularity these days. Indeed, sell to rent is helping to save many older people from repossessions and other consequences due to losing their jobs in the UK.
Property Rescue is one sell and rent back agency that routinely assists people of all ages; those clients can then receive cash for their homes through sell to rent, avoid estate agency fees and pay rent instead of a mortgage.
Sell and rent back is a great alternative for such people in these dire economic times. For a sell to rent valuation, call Property Rescue on 0800 1313 999 or email them for sell to rent help at [email protected]