Buy A House & Rent Back - Frequently Asked Questions
- Is it too late to sell a house and rent back if I am in arrears with my mortgage? How about if I have an eviction date?
- There is usually help available as long as there is enough equity in the property. After contacting us your situation will quickly be assessed and you will be advised on the available options for you. Even if you have an eviction date set please get in touch as there is still time to help you avoid a repossession.
- How quickly can I sell my property?
- Usually in 4 weeks
- How much will the property sale cost me?
-
Nothing. There will be no Estate Agent's fee, no survey fees and no solicitor's fees. Offers are without cost or obligation.
N.B. If your property is already on the market with an Estate agent please check your contract as some agents might ask you for a commission even if you haven't used them for the sale. This is not common, however, and for most people there should be no costs involved.
- What are the consequences of a property repossession?
- Consequences of a repossession.
- Which areas do you buy properties in?
- The whole of the UK.
- What type and condition of properties would you consider?
- Any.
- Do you buy properties that are already tenanted?
- Yes.
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.
