Sell and Rent Back

I want to sell my house then rent it back, where do I get advice?

Advice when it comes to selling and renting back can be found online. There are many companies in the UK that offer a buy and rent back service, and an ethical company will always provide free advice and information without hassling you to sign up.

One of the most popular reasons for choosing to sell and rent back is to stop repossession if you cannot maintain your mortgage payments each month. As huge amounts of money are at stake lenders will crack down on the homeowner if they get a couple of months behind in arrears. Just one month of arrears will spark interest from them and you will receive a friendly reminder letter.

If you are faced with the possibility of not being able to maintain your mortgage, or have gotten into arrears, then a buy and rent back company can help you. You will be able to sell and then remain in the property by paying rent each month, which will be more affordable than the mortgage you were struggling to pay. You will also be given a fixed price to buy back your home sometime in the future, once your circumstances have changed for the better.

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