What is Sell and Rent Back?

If you are facing home repossession it may be necessary to sell your home quickly and pay off your mortgage. Under a sell and rent back agreement, you can sell your home and rent it back from the buyer, therefore enabling you to remain in your home as a tenant.

How does Sell and Rent Back work?

A consultant specialising in sell and rent back arrangements in your local area will make an assessment on how much your property is worth, how much it can be rented for, and how much rent you can afford to pay.

An offer will then be made to buy your home from you and to rent it back to you. This will effectively stop the repossession process and allow you to remain in your home as a tenant.

Can I buy my property back?

An option to buy back the property at a later date can be arranged. This can be discussed with you and if an agreement is reached, you will have the option of buying back your home once your financial situation improves.

How can I Sell and Rent Back my home?

Please Contact Us today if you would like to sell and rent back your property.