Rent Back with Buy Back Options

In addition to the service of renting back, we can also offer you the ability to buy back the property when your situation improves. Buy back could be ideal if you are experiencing short-term difficulties and don't want to lose the property.

We will agree the price at which you can buy it back at the beginning. The price agreed typically is fixed for two or three years and then goes up by at about 5% each year.

For example, if we agree you can buy back the property at 100k at the end of the initial two-year period of renting the property, then:

The price we will sell it to you after 2 years is 100k

The price we will sell it to you after 3 years is 105k

We are committed to selling the property back to you at the price agreed even if the property market appreciates more than we expected. In the above example the property could be worth 110k+ at the time you buy it back at 100k.

At the end of the rent back period, and when selling the property back to you, we will arrange for the sale to cost you much less capital than usually needed. For example, in the above scenario, if we were selling the property at 100k back to you and the property is genuinely worth more than 100k our solicitors can structure the sale in such a way where you end up paying us 100k but get all your fees paid for as well as the stamp duty and part of your deposit.  This could mean you can acquire the property back from us at a much lower  cost than usual.

Still have some questions un-answered? Please contact us with all your remaining questions