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Although inhabited for at least a thousand years and a well recorded ancient market town, modern Cheltenham is primarily a Spa town and has been since the early eighteenth century when mineral springs were discovered there, thus it is often given the name of Cheltenham Spa.
Its local economy is based around light industry such as the aerospace industry, electronics and some food production as well being the home of the governments electronics surveillance operations in the UK. Naturally being a spa town it also has large influx tourists and this has also been a good source of wealth for the town. In recent years however this has been declining with the advent of package holidays and a general love for the coast that holiday makers have.
Cheltenham is also well known for its horse racing and the Cheltenham festival, which brings in huge crowds every year, has a significant impact on the towns economy. Even so Cheltenham has been seeing the same effect as most towns in the UK in recent years, with a rise in unemployment, debt levels and home repossessions.
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If you live in Cheltenham and wish to sell your property fast or think a
Sell and Rent Back scheme might be of benefit to you Compare Property Buyers can offer a free, no obligation comparison service.
We compare property investors both nationally and those local to Cheltenham who can give you either a Fast Property Sale for those who wish to quickly sell a property they have inherited or wish to move from or offer Sell and Rent Back agreements for those who wish to remain in their homes while cutting their living costs and freeing some of the equity built up in them.
We at Compare Property Buyers are proud to be the first and only sell and rent back comparison website to be authorised and regulated by the Financial Services Authority and we only compare authorised and regulated Sell and Rent Back investors.