Sell And Rent Back With No Fees Involved
by Mark Longman
Sell and rent back your home is getting more and more popular in the UK. You can do this with great ease and usually at no or low cost to yourselves. It doesn’t matter about your financial situation either, whether you would like to get rid of all your debts and start afresh or release some equity and start enjoying yourself.
What is a sell and rent back option? This opportunity, at its most basic, encourages you as the seller to sell your house and then rent it back from the company who bought it from you. In virtually all cases, you won’t be moved out of the home at all. Like anyone who is renting an apartment, you will have a lease and depending on what your situation is, you will also have the option to buy back your home at a later date.
In a Sell and rent back sale you will typically be selling your home for less than the market value, however there are no fees to you as an individual, all the solicitors are arranged on your behalf as well. It is a stress free process and even though you have agreed a lower price on your home the end result will be very benificial.
The advantages to taking a firm up on this offer are that many firms who participate in sell and rent back setups will be able to complete all processes in a few weeks, with none of the problems and stress that goes with selling a house. They will normally offer between 70% and 80% of the worth of the home, based on a surveyor’s professional opinion.
One of the biggest things that firms who sell and rent back homes offer, though, is discretion. Neighbours won’t be clued in by repossession men showing up, and there will be virtually no disruption in your lives. You’ll continue living as you have before, and it can be a real blessing not to force your children to change schools.
Take a look at some of the facts and think about whether this option is the right one for you. When you are looking for good financial solutions, you need to consider every possible solution, so don’t let the option to sell and rent back your house slide by.
Before you make a choice, make sure you visit Pinewood Property Solutions for more information on sell and rent back for a sell and rent back, option free quote
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