If you’re scared your job is on the line, the anxiety of paying the mortgage can be huge. A rent and sell scheme could give you the peace of mind you need.

2008 looks set to be a difficult year if you're a homeowner. Not only are property prices expected to continue dropping, with the market slowing down and mortgage repayments going up, for those already on the affordability tightrope, it could be a difficult year. A rent and sell scheme could be the way forward.

Rent and sell – avoid anxiety

As well as the general rise in the cost of living as food costs rise by 4% and general utilities and mortgage repayments increase, there is also more precariousness in the job markets. If you're worried about job security, a rent and sell scheme could take the financial pressure off. According to a recent report, jobs are expected to shrink to the lowest level in ten years. The predicted rise in unemployment is thought to be a result of the UK labour market that will drop to its worst levels in a decade. The forecast is predicted by the Chartered Institute of Personnel and Development and the TUC warns that the British economy will be rocky in 2008. If you're concerned you could be a victim of redundancy, a rent and sell scheme means you have the freedom to move to find work and take off the financial pressure.

Rent and sell scheme – coping with redundancy

Being out of work for just a few months with heavy mortgage repayments can quickly lead to unmanageable debt. A rent and sell scheme is one way of releasing equity in your home to buy much needed time in between finding jobs. The reduction in jobs in the private and public sector is being predicted because:

• Higher energy costs and slower global growth will force employers to cut costs
• The public sector will face re-structuring and redundancies to brace themselves against an uncertain economic future
• The private sector will see a slowdown in hiring
• For homeowners who have overstretched themselves with mortgage repayments, a rent and sell scheme could give them the buffer zone they need during such uncertain economic times

The chief economist at the Chartered Institute of Personnel and Development, John Philpott told the Guardian newspaper: "2008 will be the first year for a decade that the engine of job creation will be spluttering right across the economy. This will be the worst year for jobs this decade and easily the worst since the Labour government came to power in 1997."
If you're concerned you are not prepared for the risks, a rent and sell scheme could give you a financial buffer for added peace of mind.

Rent and Sell with rentandsellltd.co.uk

If you're caught in a financial house-trap, rentandsellltd.co.uk can throw you a life-line.  Rentandsellltd.co.uk offers a sell and rent back scheme for those who like living where they are and want to maintain stability but are facing mortgage arrears, repossession, bankruptcy and debt or concerned financial meltdown is looming. The rent and sale scheme is an alternative to selling up and moving, allowing you to stay put and find financial solutions. Rentandsellltd.co.uk will buy your home and allow you to continue living in it as a tenant. Find out more, call Rent and Sell Ltd. today on: 08000 255 966.