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The Sell House And Rent Back Scheme

January 28th, 2008

Sell house and rent back
is a scheme where you have the option to sell your property quickly and
rent it back at the going market rate or less. This scheme can help
solve your financial and accommodation problem in one transaction.

Sell house and rent back is a great option if you can afford a reasonable rent and you:

- Want all the benefits of being a cash buyer of your next house without the hassle of moving into rented accommodation first.
- Have financial difficulties and need cash for your house quickly.
- Are currently facing house repossession and want to stay in your house long-term.
- Are going through a divorce and one party wishes to stay in the house to minimize disruption.
- Are relocating and need to sell the house quickly and rent-back for the short-term.
- Want to avoid expensive equity release scheme. These are generally
targeted at older customers and, because of their long dated nature, it
is very hard to calculate what the true costs are.

The rent back company will give you the option to stay in your
property short term or long term. In short term method, you can buy
your property quickly for cash and allow you to rent it back for short
period of time to resolve any financial difficulties or find a new
house in your own time. On the other hand, long term approach will
allow you to sell the property quickly and rent the property back when
your situation improves. This approach allows you to continue living
your life as normal without the pressure of a mortgage.

In addition to the service of renting your house back, the rent back
company can also offer 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 do not want to lose the house.

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