In many situations today, debt can lead to spiralling financial problems. Credit cards and unsecured loans can be extremely expensive, leading many people to positions where they find it very difficult to cope financially. This could be a result of high interest rates being charged or costly penalty charges. There are a variety of reasons why people find themselves in this position and most of our clients never dreamt they would be in such a position.
Rent My House Back has a solution which just might help.
If you find your debts are spiralling out of control and your outgoings are more than your income, you could find yourself in the distressing position of losing your house if you are unable to keep up with your mortgage repayments or other loans loans secured on your house.
Rent My House Back offers a sell and rent back scheme which can help you to clear your mortgage and secured loans.
You then have the option of clearing any other debts you may have such as personal loans or credit cards. Once these debts and the mortgage have been cleared, any equity remaining is yours to do with as you wish. It is your money, for you to spend or save. You can then continue to remain in your house, whilst paying a fair market rent.
Many of our customers benefit from the security of having some money in the bank, whilst at the same time remaining in their home. They also have the advantage of not having to worry about mortgage rates, the state of the economy or any past debts that have since been cleared.
Another unique benefit which is available to all our customers is our Buy Back Option. If you decide that you want to buy your house back at any time during your tenancy, Rent My House Back will provide you with a gifted 5% deposit to help you to do so. Remember, our service is totally confidential, discreet and comes with no obligation.
If you enter into a sale and rent back agreement you are unlikely to get the market value of your home and, as a tenant, may only be able to remain there for a limited period. There may be other options available. Please ask for a key terms statement.
Also See:
Mortgage Help
Mortgage Problems
Reposssession
Contact us or apply online for further information regarding a solution for debt.
We found out about sell and rent back after looking on the internet. My partner had been made redundant and we were struggling to pay our mortgage, but really didn’t want the upheaval of moving as we were so settled in our home. We contacted five sell and rent back companies via their...
My husband and I were having financial difficulties, but we didn’t want to have to leave our home. After looking on the internet, we found Rent My House Back, who offered exactly what we were looking for, so we didn’t feel the need to look anywhere else. We have been very happy with...