Who says you have to move out when you sell your house? A rent back agreement allows you to stay at home whilst you look for something else.
If you've ever sold your house through an estate agent before you'll know that you need to leave the property empty on the completion date; it belongs to someone else then, and they will want to move in. But what if you're not ready to move out? What happens if you haven't yet found the house you want to buy and you don't want the upheaval and cost of moving house to a rented property and then moving again 6 months later? Fortunately, the rent back market gives you another choice.
Rent back until you're ready
It can be difficult to find just the right house. Many people are having to downsize, for various reasons, which could include:
• Ill-health
• Financial problems
• Divorce or separation
• Bereavement
Whatever your circumstances, it may take you a while to find a house that suits your needs. In the meantime, however, you need to get on and sell your house for as good a price as possible – particularly if the housing market is slowing down. But won't you then have to move somewhere until you find the house you want? Not necessarily. In fact, there is an option that lets you sell your house quickly, giving you the cash you need, and rent it back so that you don't have to move out straight away. This rent back option is often offered by independent property companies, or by selling your house directly to a landlord who's prepared to let you stay for an agreed period, so that you can look for something new without having to move twice. Rent back agreements are at normal market rates for your area and you will have a proper tenancy contract.
If you need that little bit of breathing space between selling one property and buying the next, a rent back option could be the best thing for you.
Rent Back with rentbackltd.co.uk
If you're caught in a financial house-trap, rentbackltd.co.uk can throw you a life-line. Rentbackltd.co.uk offers a sell and rent back scheme for those who like living where they are and want to maintain stability but are facing mortgage arrears, repossession, bankruptcy and debt or concerned financial meltdown is looming. The rent and sale scheme is an alternative to selling up and moving, allowing you to stay put and find financial solutions. Rentbackltd.co.uk will buy your home and allow you to continue living in it as a tenant. Find out more, call Rent Back Ltd. today on: 08000 255 027