Who will buy my house and rent it back to me in London
If you live in the London area and are looking to sell your home while at the same time rent it back and remain in it, then you could look for a regulated company. A search on the internet can lead you to local companies offering sale and rent back agreements. The price you got for your home would depend on the area in London that you live and what type of property you live in. Usually you may be offered around 70% of the value of your home.
Regulated companies will look at all properties and you will get a decision and estimate in a short space of time. There are many reasons why you might want to sell and rent back property through a sale and rent back agreement and a specialist company may be able to help people in many different circumstances.
If you are facing repossession or eviction a sale and rent back agreement may work for you. If you are going through divorce and one party wanted to remain in the property but it needs to be sold to split the proceeds, a sale and rent back agreement may work too. It can also help if you are emigrating and need somewhere to stay while you leave but at the same time you also want the satisfaction of knowing you have sold your home.
However you should check all other options and weigh up all the pros and cons of a sale and rent back agreement before taking this option as there may be more suitable choices.
