Sell and rent back companies offer a way for those who need a quick sale of their home to be able to sell their property and yet still remain in it. Situations such as emigration and needing to remain in the home until it is time to leave can be one way rent back schemes are useful. You would be able to sell which gives great peace of mind and then pay rent for as long as it took to straighten everything out for the move and then simply leave.

A scheme works by you getting a verbal quote for how much your home might be worth and how much rent you would have to pay and if this sounds reasonable then you can make arrangements with the company to have your home valued and be given a written quotation. If both parties are happy then the sale can go through and you remain in the property as a tenant.

Companies will usually also give you the option of being able to buy back the property when your financial status allows and this could be a great option if going through a divorce and you need to sell to split proceeds while remaining in the home.