Having the ability to release the capital in your property, while remaining in there as a tenant - at a realistic date - is an option more and more of the rent back’s clients are choosing:
What is sell and rent back?
Sell and rent back is where you sell your house quickly to get access to cash tied-up in it and immediately rent it back for as long as necessary.
1. Rent back company will carry out a valuation on your property quickly to get access to cash tied-up in it and further research into your local area to ensure you receive a realistic offer.
2. The company will then make you a guaranteed cash offer for your property and give you a rental figure at the current market rate.
This means you can get a cash lump sum, without having to move house. It also means that your home cannot be repossesses by your building society or bank.
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