Sell and Rent Back

Should You Sell and Rent Back Your Home?

There are always questions in life. Ask yourself if the ‘sell and rent back my home’ solution is the right one for you, before you actually commit to rent-back your home. You will basically be selling your property to sell and rent back companies, at a discounted price, and then renting the property back from them at market rent.

The fact is that you will inevitably be selling your home for less than it is worth on the open market. There are many advantages to the rent-back scheme; it may seem attractive to someone with mounting debts, or people that do not want to worry about things like interest rates increasing, property prices fluctuating and unexpected property maintenance costs.

By choosing the sell and rent back scheme it places people in a position where all they have to do is to ensure they pay their rent. After releasing equity from their home, it can leave people in a much better financial position. The most popular reason why people choose to rent back their home is because people don’t have to tell their friends, family or even their neighbours that they have sold their home.

You must be 100% sure that you are dealing with a reputable company. One of the first questions you need to ask, at the first point of contact is: “are you regulated by the Financial Services Authority (FSA)?” If not, you should very carefully consider your options before you enter into a sale and rent back fsa agreement with them. Do you really want to sell your home to a company that is unwilling or unable to commit to the rules and regulations laid down by the Financial Services Authority. If the company confirms they are regulated, you should check the FSA register to confirm that they have fsa sell and rent back regulation.

Rent My House Back is a trading style of Quick Purchase Limited which is Authorised and Regulated by the Financial Services Authority; our Firm Reference Number is FRN522468. We have Permissions to carry on the Regulated Activities of Sale and Rent Back Provider and Sale and Rent Back Administrator.

Please take the time to read the rest of our website which explains our sell and rent back property service in more detail. We hope that you find the information useful.

Also See:

Sell and rent back benefits
Sell and rent back regulation
Sell and rent back process

Contact us or apply online for further information regarding sell and rent back.