Repossession Prevention

When it comes to repossession prevention you may feel like you have nowhere to turn. However, Rent My House Back, an FSA regulated company, can offer a sale and rent back solution to help anyone who is facing repossession or in financial difficulty, thereby putting them in the possible position of having their house repossessed. Rent My House back will purchase your house and you can then stay in your home, as a tenant, paying monthly rent.

The sell and rent back scheme could not be easier. All you need to do is contact Rent My House Back today, where one of our specialist advisers will be able to talk you through the whole process. We will need additional details from you regarding your situation, your house and what timescales you need to work to. As soon as we have all the relevant information, we will put forward a provisional offer for the purchase of your home, subject to survey.

Providing you are happy with the provisional offer, Rent My House Back can arrange for an independent, fully qualified, surveyor to visit you in your home, generally within 48 hours, to survey your house and provide an accurate evaluation. Once the survey has taken place, we will confirm our offer to you and you will then have a 14 day cooling off period, during which time you can fully consider this offer, together with any other options you may have.

If you wish to continue with the sell and rent back of your home, once the cooling off period has passed, you can choose a solicitor from our independent panel, who will take care of all the legal aspects of the sale of your home. All the paperwork will be taken care of, at no charge to yourself and you will be relieved of the stress of having your home repossessed. The whole process is very discreet and you don’t need to worry about family or friends finding out, as you just continue living in your home as if it were still your own.

As soon as the sale and rent back of your home is complete, Rent My House Back will insure your property and take care of any maintenance issues which may arise.

Once you are in a better financial position, you also have the option to buy back your home from Rent My House Back and we will even pay a 5% deposit to enable you to do so.

Also see:

Repossession
Repossession Solutions
Stop repossession

Contact us or apply online for further information about repossession prevention.