If you are considering selling your property to rent back as opposed to selling and renting somewhere else please take a look at the benefits of using the sell property and rent back service of the rent back company. The rent back company can save you £1000’s in fees by not having to sell your house through an estate agent.

But the question is: Are they the Right Company to Help You Sell and Rent Back Your Property?

The benefits of using the home rent back service of the company compared to selling and renting somewhere else are:

- No Estate Agents commissions

- Buy back options available

- Legal costs paid

- No broken chains (1 in every 4 chains breaks)

- No public viewings by unmotivated buyers

- Immediate offers and a hassle-free quick sale

- Work out a personal solution tailored to your specific needs

- The company will keep you informed all the time of the progress of the sale

- At every step the company will work to timescales that suit your needs

However, the way the home rent back scheme works might not fit everyone’s needs because:

- A discounted price is often paid for your house. The rent back company typically pay 80-85 per cent of the market value when offering the rent back service.

- Although it is the rent back company intention to rent back long term, they can not give a lifetime guarantee on how long you can remain in the house. This is mainly due to future economic factors which the rent back company don’t control and can’t predict. However, given stable economic conditions, it is in the company’s best interest that you remain in the property for as long as possible.

If in doubt, or still have questions, the rent back company will be happy to answer all of them. The rent back company are here to help with your needs for a suitable solution. If you are in financial difficulty, you might be able to get back on track when you sell your property and rent it back.

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