Real Estate - Real Estate Investment

Getting
in touch with an online UK company who specialises in buy
house rent back could be the answer to your problem. If you are
facing house repossession then you have nothing to lose from
contacting such a company. The company will take into account the
area in which your property is situated and what homes in that area
are going for, they will then make you an offer to buy it from you.
At the same time they will suggest a price for renting back the house
on a monthly basis and give you a fixed price which would allow you
to buy the house back from them in the future.

No
matter how hard you plan, you cannot predict what will happen to your
employment. If you have lost your job but have found a new one, you
may have run up debts to keep things going in the meantime.

Rent
Back My Property can help consolidate your debts by buying your
property from you which pays off any creditors and releasing equity
to cushion the changes you have had to make.

You
do not have to move in the meantime, if staying suits you better than
finding a new property that is more affordable. Stay on as a tenant
and take a buy
house rent back option for when you are financially stable again.

All people have their own personal reasons to sell their property
quickly - many do this because they are in some sort of financial
difficulties. Many of them eventually put the hardships behind them, as
if this were a bad dream, with their hard work and determination. When
they are back in a position to buy a home again, they often do so
without delay.

But there is often one problem - house prices would have gone up by
then. For example, property prices in most parts of UK have doubled in
the last few years. Experts say that these prices will continue to rise
in future. That puts home sellers into a disadvantage. How can they
‘ever’ buy a house again?

Except that Rent Back My Property came up with a solution. When you
sell the house to the Rent Back My Property then the rent back company
will give you an option - you can have the choice of buying the same
house back from the company anytime in the next 2 to 5 years time at
today’s price (or Lower) at no risk to You.

If house prices drop which is highly unlikely, according to property
experts, then you can just walk away and buy a cheaper house elsewhere
or you can rent back your house if you wish not to leave your property.
So there is no risk to you. In other words, you get the right to buy a house and rent back
at a pre-determined price. However you are under no obligation to do
so. Simply put, if you wish to buy back your property then rent back
company much honor your wish. But you do not want to exercise your
right then it is entirely up to you.

Buy
back and rent back your house to stop house repossession and the
threat of eviction. UK Rent Back My Property are flexible about this
and will fix the rent usually at the current market rate, and if your
circumstances mean you need a period to get back on your feet, the
company can consider this also. If there is any money available to
you on this option, you may be able to clear other debts too.

Buy
a house and rent it back to you. Rent Back My Property can also
offer some cases an option to buy the property back ( subject to
terms agreed). This means you have the security of staying in your
home for as long as you want too.

The
following are some of the frequently asked questions for Buy
a House and Rent Back Scheme of the rent back company and their
response:

Is
it too late to sell a house and rent it back if in mortgage arrears?
How about if you have an eviction date?
-The
rent back company can always help as long as there is enough equity
in the property. After contacting them, the rent back company will
quickly assess your situation and advise you on the available options
for you. Even if you have an eviction date set please get in touch as
soon as possible so that the company can still help you avoid a
repossession.

How
quickly can you sell the property?
-The
rent back company can usually complete a sale in 3 to 4 weeks.
However,if shorter timescales are required the rent back company can
arrange to exchange within 7 - 10 days.

How
much will the property sale cost you?
-Nothing.
There will be no Estate Agent’s fee, no survey fees and no
solicitor’s fees. The rent back company offers are without cost or
obligation. The company will pay all your legal fees, and you can use
your own solicitor or one recommended by the company.

N.B.
If your property is already on the market with an Estate agent please
check your contract as some agents might ask you for a commission
even if you have not used them for the sale. This is not common,
however, and for most people there should be no costs involved.

If
you want to sell your house and rent it back. What do the rent back
company offer?
-The
rent back company offer about 80 per cent - 85 per cent of the market
value. The rent back company will buy your property quickly and
allow you to rent it straight back for an agreed period of time. The
rent that the company will charge you will depend on your
affordability but is generally based on the market value rental
figure common for your area. A buy back option could be arranged as
well along with the rent back.

How
long do you have before you decide whether or not you would like to
accept the company’s offer?
-The
written offer is valid for 1 month. It is possible to accept the
offer more than 1 month after the date of the offer, although the
rent back company do reserve the right to review the offer in these
circumstances.

Rent
back company covered all the areas in UK. Also, you as a seller will
enjoy the number of benefits they could provide.