

Research carried out by the Centre for Economics and Business Studies shows the average employee is worse off than they were two years ago, and when inflation is taken into account, average pay has actually dropped.
When looking at actual salaries paid into bank accounts and allowing for inflation, the average take home pay is lower today than it was in 2004.
Due to rising fears of unemployment, lower company profits and in many cases a freeze in staff pay rises, many people have been prevented from asking for any kind of salary increase.
Hundreds of thousands of households in the UK have had or are having difficulty keeping up with their mortgage payments in the last year and the very real fact that salary payments are not stretching as far as they once did, means some people may even consider selling their property to ease their financial difficulties.
If you are struggling with your mortgage payments, you may want to think about a sale and rent back scheme, where you sell your home, but remain living there whilst paying local market rent. You get to stay in your home, without the upheaval of moving and perhaps having to leave family and friends.
Rent My House Back can tailor a sale and rent back scheme to suit your circumstances and we can help you clear your mortgage and other secured debts. If you have concerns with rising unemployment and would like to find out more about our sale and rent back schemes and how a scheme could ease your financial concerns, please contact Rent My House Back to see how we can help.