Sell And Rent Back Scheme Is Perfect For You If You Are Looking To Sell Your House And Remain In It
Feb 04, 2008 in General, Business, Finance
The rent back company “Sell and Rent Back” scheme is perfect for you if you are looking to sell your house and remain in it - as a tenant. This simply means that you can solve both living and financial worries - simply and easily.
The Sell and Rent Back scheme will suit you if :
1. Want to stay as a tenant but do not want to use an equity release company, who tend to give you less than 30 per cent of the value of your property.
2. You are experiencing financial difficulties or are being threatened with repossession and would like to release equity to repay debts and reduce your monthly outgoings. You can start your new life without the debts when you sell and rent back property.
3. You do not want to move you and your family into rented accommodation - preferring to remain in your own property.
4. You are concerned about house prices and would like to sell and bank your profit.
5. Maybe you just simply would like to release funds for any purpose - yet still enjoy living in your house.
6. The rent back company have bought property from clients who were not experiencing financial difficulty – they simply wanted to be mortgage free and in some cases also release equity.
Many of the clients approach the rent back company simply because they do not want the stress and headache of finding a new property - not to mention the added cost of moving. The rent back company can remove some of that stress for both you and your family - without the stress normally involved in making large financial transactions.
Selling to the rent back company on a sell and rent back scheme will involve accepting an offer below market value. Remember that selling through an Estate Agent will cost money in fees and solicitors costs. Once your house is actually sold, you will then need to find somewhere else to live which involves added time, expense and hassle.



