Selll and Rent back your Property
Why Sell And Rent Back?
The sell and rent back option is for people who want or need to sell their property, but wish stay in their own home. People choose to sell and rent back for many reasons.
Some people use the equity from their property to settle their existing mortgage and clear any other outstanding debts. For others, it’s a simple way of releasing cash from their property to enjoy now rather than having money tied up in their home. Whatever your reason:
Ø Debts to pay
Ø Repossession
Ø Divorce settlement
Ø Releasing equity
Ø Moving Abroad
Ø Or whatever reason it could be...
The sell and rent back option gives you the pleasure of remaining in your own home.
It also means that you don’t have the upheaval of moving the family; changing your job and your children can attend the same school.
What we can offer when it comes to Sell and Rent Back
Ø A buy- back option, giving you a fair price to allow you to if you desire to buy back your home in the future, should your circumstances change, or if you decide to stay.
Ø A five year tenancy agreement if desired with a possibility to renew further
Ø No rental deposit is taken.
Ø No upfront fees or charges.
Ø We can help you to Use Equity wisely to settle any outstanding debts.
How Sale & Rent Back Can Help
There a number of solutions that can be relevant to your situation. These include:
Ø A sell and rent back option for your property within a timescale to suit you. In the case of mortgage arrears it may be possible to stop repossession or eviction and help you manage mortgage lenders and finance companies.
Ø In addition to renting your property it is also possible for you take advantage of our Buy- back option, allow you to buy back the property in the future.
Ø If all what you are looking for is a quick property sale (without a rent back) then we can buy your property quickly at timescales that fit your needs.
A Note of Warning
In a recent at article Adam Phillips, chairman of the regulator's own consumer panel, said “Many Sale and rent back companies have exploited money from people who are desperate," and went on further to say that "Firms have been able to lure vulnerable people into deals which they later regret when the rent rises or they lose their home,"
At UK property Buyers we follow a strict code of practice:
Ø Where we place no high-pressure sales techniques
Ø We allow you time to think and talk it through with close friends or family
Ø We ensure people will have the security of tenure for a minimum of five years if desired.
Ø We would talk through the various options and check your affordability if you desire and make sure the sell and rent back option is appropriate for you.
Please Note
If you are in arrears with your mortgage you should always continue discussing their problems with your lender to devise a solution
"There are likely to be other options other than sale-and-rent-back, but we offer you a re-assuring service to those who may still wish to consider this option and will be better protected."
We will discuss the options and give clear and fair information about the transaction in terms that are easily understandable.
