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Known to have been a settlement since roman times, the basis for the modern can be traced back to the Saxons. It has been inextricably linked to Dudley for most of its existence being owned by the same lords for many centuries.
After the second world war the area underwent massive development with thousands of properties being built both residential and commercial. Sedgley also saw a huge increase in employment with the development of Baggeridge Colliery in during the nineteen fifties and sixties. The colliery was closed in 1968 the land was reclaimed and is now Baggeridge country park.
Due to its hilly situation the town has never been very well connected and has never had either a rail link or canal. This is perhaps the main reason that the town hasn’t developed further.
Like everywhere else Sedgley has felt the effects of the current economic problems with a rise in debt levels and home repossessions. As a result there have also been a rise in sell and rent back agreements as people find ways of coping with increasing financial problems.
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As we all know the past few years have been turbulent with many people in the Sedgley area and the UK as a whole finding themselves under increasing financial pressure. Many have found
Sell and Rent Back a way to cut their living costs by freeing themselves from high mortgage payments, and in many cases also providing them with a way of attaining the equity they have built up in their properties to help pay off debts.
If you think that Sell and Rent Back might be for you then Compare Property Buyers can compare national and investors local to Sedgley to get the best deal possible. Sell and Rent Back and fast property sales also have the advantage of having no legal fees, no need for a home information pack and both have fast completion timescales.
Compare Property Buyers is authorised and regulated by the Financial Services Authority, and we only compare Sell and Rent Back property investors who are themselves regulated.