August 27, 2008
Sell And Rent Back House Schemes - Solution To Capital Credit Crunch
London is still the one of the highest performing housing markets, of course, but the prediction of a 10 per cent drop in the average value of homes in the capital will create financial problems for thousands of homeowners as many will struggle to release the equity from their real homes at the time that they need it most. There is, however, a solution that many homeowners are choosing to utilise in the face of the massive slump in the property market; namely, sell and rent back house schemes which are proving highly successful in helping thousands of homeowners tackle debt problems but causing minimal disruption to day to day life as they allow the homeowner to continue to rent the house back.
Filed under Business by admin