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Choosing Sell Property And Rent Back Scheme As Life Gets More Expensive

September 3rd, 2008

Sell
property and Rent back
schemes could work for those who need a
short term fix with their finances. Homeowners on low incomes have
been worse affected by the escalating living costs. It is been
calculated that those on the lower rungs of the salary spectrum are
paying more for essential items than they are earning, leaving them
in a position of impossible escalating debt. Without a financial
windfall, their debts could be putting them at risk of losing their
real homes. Sell property and rent back schemes could be useful for
some people struggling with their finances but who don’t want to
leave their home for emotional or practical reasons.

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