Buy and rent back could be considered as a way of avoiding repossession
If you are having problems keeping up with your mortgage or any other borrowings which you have secured on your home are faced with repossession there could be light at the end of the tunnel. By considering using the services of a buy and rent back with a sale and rent back agreement you could remain in your home after selling it by renting it back for the fixed period of time set by the company.
Often even at the very last moment you could save your home through a quick sale and rent back agreement. A regulated company may show you how to put an end to the court proceedings which can in itself bring an enormous amount of relief to those faced with having to leave their home.
When thinking of taking this option it is imperative that you choose a regulated company. By doing so you can be sure that they will make the transaction go along as smoothly as possible from start to finish. We are fully regulated to advise on, arrange and enter into regulated sale and rent back agreements.
A regulated company may pay the legal costs and when having difficulty with your finances this is essential. However you have to weigh up the pros and cons that typically come with a sale and rent back agreement before going ahead.
