Make A Sale With A Company Who Offers Cash For Homes
One way of avoiding repossession by the lender is if you choose to sell home and then take the rent back offer to remain in the home by paying affordable monthly rent. You are able to make a sale of your home with a company that offers a rent back option. Such a solution can be useful in a variety of circumstances including when faced with repossession of your home. If you have got into mortgage arrears and cannot afford to catch up and maintain the mortgage then to stop repossession you can sell house and then pay affordable rent to remain in the property.
A house sale is possible with a company offering cash for home online, you can fill in an online form and leave a few details or use the free phone number available and within 24 hours you will know roughly how much your home could be sold for.
When advertising a house for sale to avoid being evicted you would have to wait many months even if you sold at all and of course you would have to leave. By looking for property buyers who offer a rent back solution it can be a win-win situation.
Property sales this way will usually be less than the full value of your home. However you have to bear in mind that for this you are able to sell your house and remain in it as a tenant. A property sale means that eviction is avoided by the lender. A house sale through an estate agent will also come with fees such as for the estate agent and solicitors and there are often broken chains even when a property sale seems imminent. When advertising property for sale with an estate agent you also have to watch people coming into your home, often at inconvenient times. All of this can be avoided with a--sale through a sell to rent back company.
Putting up homes for sale this way to sell your house can also be used in many other circumstances. I could sell my house this way if I was emigrating and had to move straight away or if I wanted to move with all loose ends tied up yet remain in the property until departure day the company would buy my house and I could rent back. It could also be used when divorcing or if needing to free up equity in the home.
Risk Warning: If you enter into a sale and rent back agreement you are unlikely to get the market value of your home and, as a tenant, may only be able to remain there for a limited period. There may be other options available. Please ask for a Key Terms Statement.
We do NOT offer the sale and rent back arrangements anymore. These arrangements are no longer authorised by the Financial Services Authority. No company can legally offer you a sale with a rent back. However, if you’re interested in selling without renting back, please get in touch with us today as we will be able to make you an offer.
