Who Are The Sell To Rent Back Firms?
Companies that offer sell to rent back have typically grown from those offering quick house sale services and see offering to rent the house back to the owners as a way of getting a property for a bargain price with a guaranteed tenant.
The Internet boom has allowed companies to set up at very little cost and reach a much wider audience than putting classified ads in newspapers and magazines. Some are part of wider property groups, others are simply small operations run by canny buy-to-let investors who are turning to these arrangements as bargain property becomes harder to find.
Anyone considering sell to rent back should first explore all other options. If they decide to push ahead, it is essential to take great care in getting a number of quotes, check out the firm dealt with and ask serious questions about tenancy details and rights.