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?

We can always help as long as there is enough equity in the property. After contacting us we will quickly assess your situation and advise you on the available options for you. Even if you have an eviction date set please get in touch as we can still help you avoid a repossession.

How quickly can I sell my property?

We can usually complete a sale in 3 to 4 weeks. However, if shorter time scales are required we can arrange to exchange within 7 - 10 days

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. Our offers are without cost or obligation. We will pay all your legal fees, and you can use your own solicitor or one recommended by us.

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.

I need to sell my house and rent back. What do you offer?

We offer about 80% - 85% of the market value.  We will buy your property quickly and allow you to rent it straight back for an agreed period of time. The rent we will charge you will depend on your affordability but is generally based on the market value rental figure common for your area. A buy back option could be arranged as well along with the rent back.

What if I haven't got a solicitor? Can you recommend one?

Yes, and we will pay their fees.

How long do I have before I decide whether or not I would like to accept your offer?

Our written offer is valid for 1 month. It is possible to accept our offer more than 1 month after the date of the offer, although we do reserve the right to review the offer in these circumstances.

What are the consequences of a property repossession?

Consequences of a repossession.

Which areas do you buy properties in?

We cover the whole of the UK.

What type and condition of properties would you consider?

Any.

Do you buy properties that are already tenanted?

Yes we do.