Sell & Rent Back

SELL YOUR HOUSE AND SIMPLY RENT BACK YOUR HOME

Over recent years sell and rent back has become increasingly popular.  Whether to utilise the increase in value of your house and release equity, or to pay off your mortgages and second loans to reduce your monthly out goings and property maintenance costs, thus enabling you to enjoy the benefit of staying in your home.

We pay all the costs of the transaction.  You will have nothing to pay.

Why do home owners want to sell and rent back?

• Release cash from the sale
• Pay off mortgages and outstanding debts
• Enjoy the benefits of a cash lump sum
• Avoid the hassle of moving house
• Keep children at the same school
• Avoid repossession
• Seperation
• Reduce monthly overheads, no maintenance or building insurance costs.

You continue to live how you have been living, you can decorate, keep pets etc., enjoying the benefits of a long or short term tenancy.

We do not take deposits or hold keys to your home.

We do not credit check you.

What happens next?

In most cases we can give you an indication of what we can offer for your property over the phone, and the level of rent, we then visit your home which takes about 20 minutes and carry out a survey, after which we can give you a firm cash offer at an agreed level of rent.  This is always a fair market rent linked to inflation.

How long does it take?

On average about 2 to 5 weeks.  In the meantime we draw up an Assured Shorthold Tenancy Agreement, and arrange solicitors to convey the sale of the property.  As Landlords we will have to carry out a gas test and insurance valuation.  Rent payments are usually made by standing order.