We're open Mon to Sun 8am-10pm. Call us on 01274-237-105

Renting Back - A Viable Alternative to Repossession

There used to be a time when not being able to afford your monthly mortgage payments meant leaving forever the place you've called home.

While the situation itself may be unavoidable, we might be able to help. We are in the business of renting back properties to people who are at risk of losing their homes to repossession or for other pressing reasons that are usually beyond their control.

After assuming ownership of the homeowner's property through the sale, the company rents the property back to the former owner(s) who then become a tenant rather than a homeowner.

It could work out as a win-win solution for both parties. If you are facing repossession, it's an option that's at least worth investigating. And even if you're not facing repossession, but need to get out from underneath your mortgage for any other reason, working with a company that specializes in rental back is a great solution for many. Even people who are not facing repossession will often seek a rent-back scheme in order to release cash to satisfy the terms of a divorce settlement, step up to a bigger home, or for any other reason. Rent-back is also an option for people who are in the process of emigrating and want the cash now while still having a place to stay until their plans are final.

Rent-back sale might not be the right solution for everyone. And the only way to know is by making an enquiry.

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.

Success Story Testimonial
Required *

By sending your details you agree to being contacted by a representative of Rent Back My Property.

Testimonial