May 22, 2012




Rent prices increase

Rent prices have increased over the past 3 months according to figures from the Royal Institution of Chartered Surveyors (Rics). It is putting the increase down to a lack of supply of properties. If rent rises mean you are struggling to keep up with debt management there are a number of solutions that could save you from bankruptcy. An Individual Voluntary Arrangement (IVA) is available to people owing more than £15000 on things like credit cards and store cards. Debt Relief Orders (DRO) can help more vulnerable borrowers owing smaller amounts. A spokes person for Rics predicts rent prices will rise higher in the coming months.

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