August 26, 2008
Sell House To Rent Back Industry Steps In
A sell home and rent back scheme is a solution for many vulnerable people struggling to hold onto their real homes through times of emotional or financial difficulty. And for many a sell home and rent back schemes make financial sense as the property market looks increasingly shaky. The Halifax House Price Index revealed a fall of 2.4 per cent in property prices in May 2008 as the Bank of England leaves rates at 5 per cent in an attempt to control inflation. The fall in property prices is expected to be even more severe in the short to medium-term.
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