Real Estate - Real Estate Investment

A
sell
home and rent back scheme is a solution for many vulnerable
people struggling to hold onto their real homes through times of
emotional or financial difficulty. And for many a sell home and rent
back schemes make financial sense as the property market looks
increasingly shaky. The Halifax House Price Index revealed a fall of
2.4 per cent in property prices in May 2008 as the Bank of England
leaves rates at 5 per cent in an attempt to control inflation. The
fall in property prices is expected to be even more severe in the
short to medium-term.

If
you are feeling trapped in your property, and long for new horizons
and a better quality of life, a sell
home and rent back scheme can buy you the time you need to
investigate moving abroad. In fact, The Times newspaper reports on a
growing trend of people who are leaving the UK to get away the credit
crunch. Some people are simply renting their real homes, moving and
renting abroad, but not everybody has the financial freedom to pursue
this idealistic set-up; there are some homeowners who have no choice
but to sell their homes for cash ? a sell house to rent back scheme
can give them the time they need to assess a move abroad.

Although
the FSA is now fining lenders who have given out mortgages
irresponsibly, it still leaves thousands of homeowners in a financial
mess with few options left, aside from a quick house sale, sell home
and rent back scheme or the threat of losing their real home. The FSA
say that although it is hoped irresponsible advice and lending is
rare, evidence suggests it is a ’serious and widespread problem’.

Currently
there are over 100 potential cases of mortgage fraud, with 17
mortgage brokers banned for fraud already this year. It is no wonder
more homeowners are left seeking a sell
home and rent back scheme as debt takes over.

As
research shows, more homeowners are forced into renting as they are
unable to sell their real homes. The lucky ones who are not relying
on releasing the equity in their homes, or who aren’t desperate for a
fast cash sale don’t have to turn to rent
back home schemes; instead they are turning into ‘accidental
landlords’. The phenomenon of accidental landlords is the result of
families or homeowners who have to move or relocate but can’t find a
home buyer during the credit crunch, and so wind up letting their
homes.

London
is still the one of the highest performing housing markets, of
course, but the prediction of a 10 per cent drop in the average value
of homes in the capital will create financial problems for thousands
of homeowners as many will struggle to release the equity from their
homes at the time that they need it most. However, there is a
solution that many homeowners are choosing to utilise in the face of
the massive slump in the property market; namely, sell
home and rent back schemes which are proving highly successful in
helping thousands of homeowners tackle debt problems but causing
minimal disruption to day to day life as they allow the homeowner to
continue to rent the house back.

A
sell home and rent back scheme is often the ideal solution for those
looking for a quick equity release from their homes and, given the
predicted fall in London prices, many are seeing now as the ideal
time to consider sell home and rent back scheme.

Sell
home and rent back schemes can help a wide range of homeowners
suffering under unbearable strain; whether it is a divorce or
separation, debilitating debt, a bereavement, ill health, job
redundancy or facing a retirement in poverty, a sell home and rent
back scheme can be a lifeline. But as the
property
market misery increases, more tales of misery seem to hit the
headlines every day as debt and money worries take their toll.

According
to a report on This is Money, the average value of new build
properties has plunged by as much as 26 per cent in the last year
alone. This has created debt management problems for the thousands of
homeowners in new build properties and many are experiencing
difficulties in making ends meet each month after the full force of
the credit crunch really began to hit home. As such, many are
expected to seek out sell home and rent back schemes in order to
release the equity from their homes and avoid the risk of the value
of their properties falling any further. Sell
home and rent back schemes are becoming increasingly popular in
the current climate as they represent a guaranteed cash offer with no
chance of chain collapse which is nigh on unheard of in the present
property market as buyers are becoming increasingly reticent to make
offers on properties.

You
can solve your monetary problem by releasing your locked equity and
at the same time, you can continue to stay in your real home as a
legal tenant. There may be numerous reasons why you need to sell and
rent back your real home. For example, if you have taken a loan to
purchase a new house and your financial position at present is such
that you are unable to make the monthly repayments then you will be
at risk of home repossession. In such a situation, you can choose the
sell
home and rent back option. Through this kind of monetary
arrangement, you can save your property from being repossessed and
you can remain in your real home as a tenant.

Facing
home repossession, mounting debts or mortgage arrears, but do not
want to move out? Want to release home’s equity without leaving your
real home? Rent Back My Property is proud to offer a sell
home and rent back property selling option to UK homeowners in
need of a fast property sale and rent back. As the UK’s leading
property investor, the rent back company can buy your property and
then rent it back to you all within the space of a week.

Selling
and renting back solution means a fast property sale, without the
hassle of having to find new accommodation. But
for
a lot of homeowners this means that they can solve their financial
and accommodation problems in just one transaction.

If
you are in dire situation where you need a quick house sale and you
need a property buyer with the cash and legal system in place to
exchange on your property within a few days, Rent Back My Property in
the UK can help you. As a rent back company, they have a large access
to funds they are able to pay for property in cash, so you do not
need to undergo the 6 to 8 weeks process of raising a mortgage. The
rent back company buy houses in any condition, and any location in
the UK, and offer you the option of rent
back home for as long as you wish at an affordable rental charge,
and also the option to buy the house back after the rent if you wish
to.