August 27, 2008

Sell Property And Rent Back – Money Concerns

The extent of the property crisis in the UK is starkly highlighted by a report on My Finances which reveals the shocking statistic that 40 per cent of homeowners would voluntarily give up their real homes if they were unable to keep up with monthly mortgage repayments. This drastic action is unnecessary, however, and many are coming to realise that a sell property and rent back scheme may be the best course of action for them as it can put an immediate stop to real home repossession proceedings and will release equity from the property in a time frame to suit the homeowner.

Filed under Business by admin

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