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Rental demand bring out greedy landlords and letting agents
13/09/2011
The demand for rental properties has increased greatly during the past five years due to the property ladder becoming more difficult to get on. But, this has caused an influx of rogue landlords and greedy letting agents.
There are more than 3.4 million rented homes in England alone which has put landlords and letting agents in a position of power to push the price of renting higher. This has put tenants in a difficult position as they are often forced to pay higher rental prices and fees for what could simply be photocopying a few pieces of paper.
So, if you want to help your children or grandchildren escape the greedy and unscrupulous landlords and letting agents then equity release could be an option. This allows you to release funds from your house so you can help invest in your family’s future and help them get away from the rising prices of the rental market.
If you want find out more about equity release plans such as the drawdown lifetime plan then you can contact the right equity release company to seek advice on helping your children or grandchildren by investing in their future.
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