The Good Thing About Sell And Rent Back Scheme
What is sell and rent back?
It simply implies literally - sell your property and rent it back.
Anyone may decide to go for this idea for one reason or another like
having the need to sell their property. This can be due to debts,
financial difficulty, job loss leading to mortgage arrears, divorce,
equity release or perhaps simple relocation. Selling may not be the
ideal answer as this could mean stress, trauma of leaving a family home
and a lack of security. However, selling the property and then being
given the opportunity to stay on as tenants can take that trauma out of
the process.
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