Companies that buy houses allow you to sell property and rent back
There are companies that buy houses which allow you to sell property and rent back and this can provide a win-win situation for many circumstances. This solution could be taken if you are emigrating and want for peace of mind yet want to rent back until your departure date. It could also be used if you are going through a divorce and need to split the sale proceeds of the home while at the same time one partner wishes to remain in the property.
However a sell to rent back comes into its own in one of the most stressful of all circumstances, when faced with home repossession. If you are faced with repossession then you stand to lose everything you have built up in the home and of course you have to leave due to eviction.
You could choose to sell for a cash sum which would allow you to payoff the outstanding mortgage and so payoff the arrears. You would then be able to stay on as a tenant in the property by paying a monthly rental sum which would be more manageable than the mortgage repayment you struggled to pay. You would simply leave some brief details with us and be given a verbal quote as to how much you could sell your home for in just 24 hours.
