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Sell To Rent Back Schemes Increase As Economy Struggles

August 26th, 2008

Property
analysts say the country is facing its weakest period of economic
growth as factories have seen the cost of basic materials jump by
nearly 30 per cent this year. Price rises will continue on
everything from

petrol
to
washing machines, combined with the fall in housing prices, many
homes are left with a massive battle to balance their bills. As more
homeowners choose a sell
to rent back
scheme and consumer confidence continues to take
knock after knock, some fear the knock on effects of the increased
costs and reduced spending could impact on unemployment or job loss
figures.

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