Should you Sell and Rent Back your Home

Before signing a sell and rent back your home agreement, you should be certain it is the right solution for you and it will meet your needs and expectations. You should remember that you will be selling your home to a company, at a price less than it is worth on the open market and then renting the property back from them, paying market rent.

At Rent My House Back we understand there are a variety of different reasons as to why people look into the sell and rent back schemes today, such as repossession, divorce, equity release etc. No matter what the reason, Rent My House Back can tailor a sell and rent back scheme to meet your own individual requirements.

There are of course, many advantages to the sell and rent back scheme. You may have debts you need to clear or you no longer want the worry of interest rates, and therefore your mortgage payments, increasing. By choosing a sell and rent back scheme, all you have to do is pay your monthly rent and other essentials such as utility bills and council tax. Selling your home could place you in a much better financial position.

It is always wise to carry out some research to ensure you are dealing with a reputable company. The first point to check is that they are regulated by the FSA. This will provide you with far greater protection, as all sell and rent back companies must now be regulated and authorised to carry out such business. All regulated sell and rent back companies will have a Firm Reference Number issued by the FSA and this number can be checked on the FSA website www.fsa.gov.uk.

Rent My House Back are authorised and regulated by the FSA and we will buy your home and take care of your rental agreement throughout the term of your tenancy agreement.

Also see:
Sell and rent back divorce
Sell and rent back repossession
Sell and rent back equity release
Sell and rent back regulation

Contact us or apply online for further information as to whether you should sell and rent back your home.