Christmas should be a joyous time but it can also bring dread when you’re in debt – a sell house, rent back scheme could ensure yours is full of festive cheer.

There’s nothing worse then the run up to Christmas when your bank balance is as unforgiving as the chilly weather. Not only are you wondering where you’ll find the cash to pay for the presents, the turkey, the parties and outfits and booze, but you could also be wondering where to find the cash to cover the mortgage, heating bills and any other debt you have. Debt is a reality for many of us, and a sell house, rent back scheme could be one way of climbing out of debt for good.

Debt is something more of us have to juggle thanks to increased property prices, university fees and other expenses in modern life. But it can quickly spiral out of control. A sell house, rent back scheme offers you a chance to release the equity in your property without having to move out. You can rent back your family home and solve your finances – the perfect answer for the Christmas ‘credit crunch’.

The Times newspaper reported that shoppers this year are headed for a ‘credit card Christmas’ as more people struggle to meet everyday expenses. The extra cost of Christmas is simply too much – and the rise in interest rates only makes the debt more expensive. Citizens Advice Bureau has said there has been an increase in concerns from people being unable to pay everyday bills such as council tax. The increase in demand for the sell house, rent back market is symptomatic of the struggle to meet day to day costs. Bankruptcies are on the increase and consumer debt is still soaring. As more homeowners face increased mortgage repayments as they reach the end of their fixed deal packages, it will simply be too much for many who will become more vulnerable to repossession. A sell house, rent back package offers solutions for those who feel like they’re looking down a financial gun and don’t want to wait for the shot to be fired. The sell house, rent back scheme offers a chance to release equity, pay off debts and still stay in the family home.

The Times reported that someone with a £250,000 mortgage would be paying £1,600 more today on initial payments with an additional £108 a month on repayments then they would two years ago. As banks restrict their lending and reject loan applications, many homeowners may find themselves with no choice but to opt for a sell house rent back scheme or face repossession.

njoy.co.uk is a dedicated website that can help get you the best price for your property from committed cash buyers in your area. We aim to have you a cash offer in principal for your house within 24hrs of you registering your house on njoy.co.uk.

Many of our registered investors can offer you a 'sell and rent back' option, where they will buy your house for an agreed price, and allow you to stay in your property as a tenant. This may enable you to pay off all your debts in one easy stroke by releasing the equity tied up in your home. If you wish to discuss the process then we would be delighted to talk to you at your convenience, our customer service team can always be contacted either by telephone 0845 337 0038 or alternatively you can email your query to: info@njoy.co.uk