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How Do Cash Property Buyers Work?

There are regulated property buyers who buy houses and then offer a buy to let solution to you which allows you to remain in your home as a tenant. Companies who will buy a house this way can be found online. They are often called buy to rent companies. Buying properties and then renting them back with an option to buy is a viable solution to the many problems that homebuyers face. When home buyers need to make a house sale they often have to drastically reduce the asking price with the hope that will entice a sale.

Estate agents have been the usual channel when it comes to properties for sale however with the slump in UK property sales; homes for sale are sometimes on the market for many months. House buying can be a nightmare and with interest rates continually on the rise this leaves many home buyers being unable to pay their mortgage. Advertising property for sale with real estate agents of course means that you have to give up the home. However with sell to rent you can have rental property which is your own home.

I could be buying property abroad and be emigrating. Of course I would have a house for sale in the UK and if I had to leave suddenly then I would need to sell my house , property sale could be found with a buy to rent company and this would mean I could sell my house and leave to make a fresh start.

Property buyers of this nature would also be helpful if i wanted to make property investment and needed a large cash sum. I could sell property with them and have the cash sum needed. Investment property bargains can be hard to find and if houses for sale come up and you do not have the cash you could miss out. Property sales with an estate agent take a great deal of time, plus of course you have to give up the property, by freeing equity in your current home and buying property back in time.

You could also buy house back if divorcing and want to split the price of the sale of the home down the middle. Buying home together also means splitting the proceeds so a sale is needed when divorcing. However one partner might want to stay in the home and this is possible if they sell property and rent it back.

When needing a property sell look online for a regulated company offering to buy your home in just a few weeks with no fees to pay.

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.

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