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Sell And Rent Back House ? London’s Falling

August 20th, 2008

London
was long thought to be impervious to the plummeting housing prices
that are being experienced across the country but the capital is now
starting to feel the pinch as well and experts from the Royal
Institution of Chartered Surveyors (RICS) are predicting that London
housing prices could fall by a further 10 per cent in the foreseeable
future. This is likely to cause many to have to re-evaluate their
finances and many may well decide to make use of sell and rent back
house schemes in order to ensure they are not too adversely affected
by the purported drop in housing prices in London.

A
sell and
rent back house
scheme can be completed in as little as a week in
most cases and will quickly release the equity that is tied up in the
home which can then be utilised to tackle mortgage arrears. The main
advantage of sell and rent back schemes is that fact that that
homeowner can carry on renting the house once the sale of the
property has been finalised.

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