Sell and Rent Back
WARNING: As of the 1st July 2009 the Financial Services Authority (FSA) is now regulating sell and rent back companies in the UK. We applied for the FSA interim authorisation and have the permission to carry out all sell and rent back activities. There are currently only a very small number of authorised companies so be very careful who you take this service from.
Sell your home and clear your debts without having to move with our sell and rent back scheme.
Why would someone choose sell and rent back?
For those fearing repossession due to mortgage arrears and facing large personal debts Sell and Rent Back can be a simple way out of a difficult time.
If Necessary we can complete in a week, we pay all the legal fees, HIP etc and can help customers sort out their debts, there are no hidden costs.
With complete discretion, neighbours need not know there has been any change in your situation, You can stay in the same home and children can continue to attend the same school.
What is sell and rent back?
Sell and rent back is when a company purchases properties for less than the market value, typically 70% - 80% but the company pays all fees and costs, and then rents the property back to the owners at the market rent, or sometimes less than their mortgage payments if these were lower than the rental value.
The owner of the property can use the cash to settle their current mortgage and all outstanding debts, and can stay in there own home. National Buyers offer the opportunity to buy the house back at a later date, and also ensures you can stay renting your house providing the rent is being paid.
Do I qualify for 'Sell and Rent Back?
You need to be aged 18 or over. We consider all types of property (freehold / leasehold), repossessions, ex-local authority and properties in need of refurbishment.
How much will the rent be?
We will calculate the rent based on comparables to your property in your local area.
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