Real Estate - Real Estate Investment

There are enough things to worry about when planning to emigrate.
Selling your property at the last minute, and not knowing when it will
sell or if the chain will break, can add a stress factor to the
planning. It would be an opportunity for sell and rent back
agents to help you through buying the property quickly (within 4 weeks)
and allow you to remain in it as a tenant until the time comes when you
are ready to go.

To purchase your property and rent it back to you, the important things a sale and rent back
agent need to find out include: how much your property is worth, how
much the average rental figure in your area is, and the maximum rent
you can afford, which may or may not be as high as the average rent.

In addition to the service of renting back, sale and rent back
offers you the ability to buy back the property when your situation
improves. Buy back could be ideal if you are experiencing short-term
difficulties and don’t want to lose the property. The price will be
agreed at which you can buy it back at the beginning. The price agreed
typically is fixed for two or three years and then goes up by at about
5% each year.

Agents of sale and rent back
scheme are committed to selling the property back to you at the price
agreed even if the property market appreciates more than they expected.
At the end of the rent back period, and when selling the property back
to you, proper arrangements are to be made for the sale to cost you
much less capital than usually needed.

Compared to sell and rent back
scheme, through an Estate agent is the traditional approach of listing
your property with one or more estate agents and wait for a buyer. The
advantages of this approach is the fact that you will typically get an
offer price close to your asking price. The disadvantages, however, are
that you will have to leave the property when the sale completes and
look for an alternative accommodation. If you will be renting, as
opposed to downsizing and buying elsewhere, you will probably want to
find a long term and stable rental package. However, a sell and rent
back scheme can be a better option than selling your properties through
an Estate agent.

An option that might be open to exploring is an equity release scheme.
These are schemes designed to allow you to sell your property
(typically at 40% - 50% of its value) and stay in your property long
term. They were designed mainly for a certain age group (above 55’s)
and the low value they offer for the property make it unworkable for
people who don’t have enough capital in their property to accept such a
discount. However, a sell and rent back scheme can be a better option as compared equity release schemes.

You can sell your property and rent
it back on a long term basis. The normal offer is up to 85% of the
market value. After the cash lump sum you receive pays off your
mortgage and other debts secured against the property, all the equity
left over is yours. The sale is conducted swiftly and painlessly - much
quicker than if you placed the house on the open market - and all your
professional fees are taken care of by the company. The properties can
be rent back or bought by long term and you may prefer to you stay in
the property for as long as possible.

Traditionally, remortgaging your property has been the way to raise
income from your home without selling. You can also take out a second
loan secured against your property’s equity. Both of these, however,
involve taking on extra debt, and making higher monthly repayments.
This leaves the homeowner exposed to future interest rate raises. For
many who simply want to access the free cash tied up in their homes
without moving, incurring more debt might defeat the purpose. However,
a sell and rent back scheme can be a good option to remortgaging your property.

Some individuals consider a sell and rent back scheme
for reasons like very bad debts, pending repossession or eviction,
divorce settlement, releasing equity, or emigration plan. A sell and
rent back arrangement includes a sell to rent back arrangement for your
property (houses, flats, any type!) within a timescale that suits you.
The rentback can be either long term or short term. In addition to
renting back, arrangement may enable you to buy back the property in
the future at a pre-agreed price. If all what you are looking for is a
quick property sale (without a rent back), a quick purchase of your
property at timescales that fit your needs can also be done in proper
arrangement.

Troubled on how to get your debts paid? Puzzled by pending repossession
or eviction, divorce settlement, releasing equity, or emigration? These
might be the critical situations where you might fall to consider a
sell and rent back arrangement. Sell and rent back scheme
is oftentimes the last resort to tailor such situations. Arrangements
may include: a sell to rent back arrangement for your property (houses,
flats, any type!) within a timescale that suits you. The rentback can
be either long term or short term; certain arrangements may enable you
to buy back the property in the future at a pre-agreed price; and (3)
if all what you are looking for is a quick property sale (without a
rent back), a quick purchase of your property at timescales that fit
your needs can be arranged properly as well.