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Old 19th April 2008, 11:45 AM
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Join Date: Apr 2008
Posts: 2
Smile The start of my debt-free life!

I had given up all hope - no matter how hard I and Mary tried to come out of debt, we continued to sink further into indebtedness, and despair. It was tough. We both had huge build-ups on our cards, we had loans to repay and our house to run. We had even borrowed from Mary’s brother and many of our friends. Debt had a strange stickiness and we were experiencing it first hand. Also, debt had huge carrying cost. But today, we lead a debt-free life. We are happy, we are geared up for a future and are even thinking of starting a family. Thanks to the sell-and-rent-back solution that Quick-House-Buyers.co.uk helped us with, we are out of debt and despair.>>
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Old 19th April 2008, 12:49 PM
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Join Date: Dec 2007
Posts: 229
Default Act with caution

Interesting post but I would say act with caution, take professional advice , you probably wont get the market value for your house. It may be better to release equity or sell up and move into rented accomodation. You may find that you sell your house for a discount and then be forced to move out after a year..
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