Sell And Rent Back House - Numbers Looking To Move Hits New Low

According to a report on the BBC, research conducted by Rics discovered that the number of people moving house is at its lowest level since records began back in 1978. This is problematic for many homeowners who find themselves with debt management problems and need to sell their properties as the housing market is so slow that it is decidedly more difficult to sell than it once was. As such, many homeowners are coming to see the benefits associated with sell and rent back schemes which serve the purpose of quickly releasing equity from the home which can then be used to tackle mounting debt problems resulting from the credit crunch in the UK. An additional benefit of the sell and rent back house schemes is that it allows the homeowner to continue to rent the house once the sale has been complete. This gives them the requisite time to take stock of their financial situation and to decide what their next step should be.