A Challenging Financial Environment | Sell and Rent Back Schemes Available

High street retailers are facing a drop in the volume of UK retail sales, which fell by more than expected in February. Both retailers and consumers are being warned of more challenging times ahead. The latest retail sales figures released highlight just how fragile Britain’s economy is, with the consumer environment expected to be more challenging this year than last.

The main problem facing the High Street is that for the average customer, the cost of living is rising higher than their salary. People are concentrating more on getting essential bills paid, rather than going out spending their hard earned money in the shops.

The average consumer is prioritising their mortgage costs and other essential outgoings in order to try and keep their debts manageable. Many people are finding it difficult to make ends meet and it’s certainly not an easy time financially for anyone right now.

If you are finding it difficult to keep up with your mortgage payments etc. you may be considering selling your home as a result and finding alternative cheaper accommodation. However, Rent My House Back, a company regulated by the FSA, can help you avoid the need to leave your home with our sell and rent back schemes. Rent My House Back will purchase your property, help you clear your mortgage and other secured debts and you then remain in your home as a tenant whilst paying local market rent.

To find out further information on our sell and rent back schemes and how Rent My House Back could help you, please contact us for further details.