Selling your house need not mean that you have to move out of your home as well! With a sell and rent back scheme you can continue to stay on as a tenant.Selling your home need not mean that you have to move out as well! You can continue to stay on as a tenant, paying rent.
Are you facing a financial crisis? These days, it is increasingly common for someone who needs to sell his or her home for financial reasons to opt for a "sell and rent back" solution. The biggest advantage is that you don't have to put up for sale boards outside your home, you continue to stay in your home even after selling it, while releasing cash to relieve yourself from your mortgage payments and other arrears.These days, it is very common for someone who needs to sell his or her home to tide over a financial crisis by opting for a “sell and rent back” solution. The biggest advantage is that you don’t have to put up for sale boards outside your home, continue to stay in your home even after selling it, while releasing cash to relieve yourself from your mortgage arrears.
Or maybe you need to release some cash for your business. Why add to the stress by moving home as well, when you could just sell and rent back. That way you have money for the business and you get to stay in your home.You can release equity in your home by going in for a remortgage, with the risk of added fluctuating costs. Or you could simply consider ‘sell and rent back’, with us to guide you every step of the way. This means you can sell your home, and then rent it back from the new owner. This is a great solution, because we know that it is not easy for you to give up your home. In addition to helping you achieve a quick house sale to release equity and take care of balancing your finances, we ensure that you get to stay in your home without the bother of finding another residence and moving out.
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Perhaps you are moving and want to know you have a certain sale, plus the ability to stay in your house until your next one is ready.We can arrange for you to rent back the property you have sold so that you can continue to live in your home. When your financial situation gets better, you can use the buy back option. If you happen to be facing repossession from your lender, this is a good way to handle it without the stress of eviction.
If you are a little older are you wanting to avoid expensive equity release schemes? These are generally targeted at older customers and can be the right move for some people, though because of their long dated nature, it is very difficult to calculate what the true costs are.
Of course you can release equity in your home by going for a remortgage, with the risk of added fluctuating costs.
If this is not for you at this time, you could simply consider 'sell and rent back'. In addition to helping you achieve a quick house sale to release equity and take care of balancing your finances, we ensure that you get to stay in your home without the bother of finding another house and moving out.
When your financial situation gets better, you can use the buy back option. If you happen to be facing repossession from your lender, this is a good way to handle it without the stress of eviction.
Why is it a good idea to sell and rent back?
There are situations when people simply wish to rent rather than sell as it gives more flexibility, while some sell their homes to release equity for emergency expenses. Some people opt for the sell and rent back just because their rent is lower than the mortgage payments. In addition, they are free from the responsibility of a mortgage and from spending on maintaining the property.
There are situations when people simply wish to rent rather than sell while some sell their homes to release equity on their homes for emergency expenses. Some people opt for the sell and rent back just because their rent is lower than the mortgage payments. In addition, they are free from the responsibility of spending on maintaining the property. For people who have to emigrate, they find the sell and rent back option useful. In case, a couple is in the process of divorce proceedings, one of the partners can opt for staying in the home while the other moves out.
For people who have to emigrate, they find the sell and rent back option useful as a stop gap. If a couple is in the process of divorce proceedings, one of the partners can opt for staying in the home without the expense of the joint mortgage, while the other moves out.Suppose you feel the value of your property today is lower than what you bought it for, just go in for the sell and rent back option. You can opt for short or long-term periods and release equity on your property. Chances are that you might be able to buy it back later.
You can opt to stay in the property and rent for as long as you like. And if you want to we are happy to let you have the chance to buy it back later.
Get in touch with us today to find out more:
Call us on 0845 052 2873 for a quote in total confidence. Alternatively, you may fill in the enquiry form with your contact information.