Oct
03

Sell and Rent Back Your Property – Ten Common Questions

There is currently a great deal of interest from homeowners who want more information on Sell and Rent Back schemes, people want to know all about Sell and Rent Back, what it is, how it works and who it?s suitable for. At the independent comparison site http://www.comparepropertybuyers.co.uk/ we have drawn up answers to the following commonly asked questions.1. What is Sell and Rent Back Sell and Rent Back is a fast growing Industry where you sell your home to a Property Investor but instead of moving on you stay in your home as a tenant renting it back from the Investor who purchased it from you.2. What is a Shared or Part ownership Sell and Rent Back Scheme?One of the most advanced Sell and Rent Back schemes is known as a shared or part ownership scheme. With such schemes you sell some of your hom companies that buy houses e to an investor whilst retaining a share yourself. This gives you the benefits of security of tenancy whilst keeping a financial interest in your home, if property prices go up your share goes up too. 3. What are the main Advantages of a Sell & Rent Back Schemes?Sell and Rent Back can be a way of either raising capital or avoiding repossession and staying in your home. You may need to unlock your capital from your home to clear any debts you may have or to fund a better retirement. Sell and Rent Back schemes can also be a way of funding your retirement without having to sell your home.4. What are the main Disadvantages of Sell and Rent Back schemes?First and foremost is the fact that most Investors who offer sell and Rent Back will usually only offer you up to 80% of the value of your property.

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