September 2, 2008
Sell Property And Rent Back Schemes Offer One Way Of Coping With The Escalating Cost Of Living
Sell property and rent back schemes offer homeowners struggling with the rising cost of living an opportunity to release any equity tied up in their real homes, stay put, and minimise financial stress. The escalating cost of bills, fuel, mortgage repayments and clothes are all set to hit the nation's purse strings hard. For those homeowners struggling with higher mortgage repayments as they come to the end of their more competitive fixed-rate deals, a sell property and rent back scheme could work out to be cheaper on a month-by-month basis. For some struggling with debts, a sell property and rent back scheme could even save them from the threat of real house repossession.
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