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The Number Of Selling And Renting Back Schemes Is Set To Rise As Consumer Confidence Takes Another Knock

August 26th, 2008

Selling
and renting back
schemes aimed at homeowners who need to escape
mortgage misery but do not want to leave their homes could soar as
consumer confidence hits a record low. The rising cost of living as
inflation bits and the pound devalues has left many homeowners
desperate to escape expensive debts. A sell and rent back scheme
could be the solution, and for many, it is an increasingly attractive
alternative to the rising house repossession risk.

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