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A sell and rent
back could be an ideal solution in the following
situations:
Financial
Difficulty: those who are finding it
difficult to keep up the mortgage payments due to
reasons outside their control (job loss, health
reasons, high interest rate, etc.). You don't have
to lose your property if you can't keep up the
mortgage payments! We will offer you a cash price
to buy your property and you can carry on living
in it as our tenant until you decide to move on.
Divorce:
Separation is a stressful and painful process to
go through. Quite often one party would wish to
stay in the property due to an emotional
attachment or to reduce the inconvenience this
causes to other family members. A sale
and rent back might be ideal in these
scenarios.
Emigration:
There are enough things to worry about when
planning to emigrate. Selling your property
at the last minute, and not knowing when it will
sell or if the chain will break, can add a stress
factor to the planning. We are happy to buy
the property quickly (within 4 weeks) and allow
you to remain in it as a tenant until the time
comes when you are ready to go.
Equity
Release: Sell
and Rent Back could also be a good alternative
to an Equity Release Scheme. Some people
might want to release their equity for future
plans such as starting a business overseas (with
the aim of moving there), or being free to
emigrate anytime to anywhere. In such cases,
not having to wait for months to sell your
property (and risk broken chains) could be an
attractive option. |
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