Home Owners Will Be Worse Off
The next two years could see the average lower to middle income family financially worse off than they are today to the tune of up to £1800.00.
A recent study by the institute for fiscal studies has concluded that the average two adult two children family will experience a significant short fall when comparing relative rises in incomes against inflationary rises in the costs of living.
The impact of this how this will affect the average house hold remains to be seen, however with many across the uk still struggling to pay mortgages and their debt still rising this could well be the final straw. Hard up home owners and people who need to sell a home fast could find themselves needing to do so with ever increasing necessity.
Debt and repossession also remains a real threat for those with secured loans, and they may continue to feel the pinch over the coming years. If this study is correct there could be a significant risk of them losing their home.
Time will tell but there are solutions for people who are having problems selling a home fast. Companies that offer ethical professional services are available to help solve the problem they are having, quickly and easily, enabling the home owner to move on confidently and with peace of mind.