A sell and rent back scheme could be the solution if you are going through a divorce. The breakup of any relationship is always stressful, especially if you need to sell your house as a result. When you want closure and peace of mind, it can seem to take forever to sell your property through the conventional channels, leaving you with no way of reaching a quick financial settlement or moving forward in your life.
As we are sure you are aware, getting divorced can be a very costly business and it is important to keep things as simple and as straightforward as possible. If you need to sell your home, which is probably your biggest joint asset, due to divorce, it would be of great benefit to be able to do this as easily and simply as possible. This would also help avoid further questions over mortgage payments and who lives where. Perhaps you may be forced to remain living together due to your financial circumstances.
There is a solution available from Rent My House Back which means you can sell your property to us, allowing you to repay the mortgage and settle your joint debts. Any monies remaining from the sale can then be divided between both parties, enabling both of you to start afresh. One of the biggest advantages of this option is that it allows one of you to remain in the family home as a tenant whilst paying a fair market rent, and could mean that at least some level on stability and continuity remains in a period of emotional turmoil.
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:
Sell and rent back
Sell and rent back benefits
Sell and rent back FSA
Contact us or apply online for further information regarding our sell and rent back service when facing divorce.
I was made redundant and wanted financial stability for my family, without the need to move house. After searching on the internet, we contacted three sell and rent back companies, but we chose Rent My House Back due to the clarity of information on their website, as well as the ease of...
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...