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Sell And Rent Back House Schemes Offer One Way Of Coping With The Escalating Cost Of Living

August 20th, 2008

Sell
and rent back
house schemes offer homeowners struggling with the
rising cost of living an opportunity to release any equity tied up in
their homes, stay put, and minimise financial stress. The escalating
cost of bills, fuel, monthly mortgage repayments and clothes are all
set to hit the nation’s purse strings hard. For those struggling with
higher mortgage repayments as they come to the end of their more
competitive fixed-rate deals, a sell house and rent back scheme could
work out to be cheaper on a month-by-month basis. For some struggling
with debts, a sell and rent back scheme could even save them from the
threat of property repossession.

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