Want to sell and not move? Here's how
There is a way that you are able to sell your home and rent it back which means that you get cash for the property and can also remain in it. There could be many reasons why you would want to sell your home yet not move out. One of the most common reasons would be if you can no longer afford to keep up with the repayments of your mortgage and so are faced with repossession.
In situations such as this you could avoid eviction and the stigma that comes with it by selling to a buy to rent back specialist company in the UK. Such a company would be able to help you when it came to stopping an eviction order or to work with the mortgage lender to avoid court action.
They would buy your home for an agreed sum and then you could pay monthly rent which was more manageable than the mortgage payments. However while you would remain in the property it is important to remember that unless you choose the buy back option which will be offered, you are only a tenant in the property, not the owner.
