Real Estate - Real Estate Investment

Buy
back and rent back schemes work by the company buying your
property from you and then renting it back. They will also give you
the opportunity of being able to buy your house back for a
pre-determined sum. You would usually be given around 80 per cent to
85 per cent of the value of the property and while you could get 100
per cent by selling it yourself, you would have to pay estate agent’s
fees and solicitor’s fees.

By
going with a buy and rent back property company, the fees for the
solicitor will be paid and the whole process of selling your house
can be over in as little as 4 weeks. Another advantage is the rental
that is charged in order for you to remain in your home is tailored
to the individual and is based on the amount you can afford.