Want To Sell And Rent Back Your Home?
The double bind of bad debts and rising interest rates has led to a growing number of sell and rent back property companies targeting overstretched homeowners.Sell and rent back agreements allow homeowners to sell property at a discount price to a company, which will then rent the property back to them at market rate.Despite the fact that they will sell their property for tens of thousands less than it is worth, the advantages of sell and rent back may seem attractive to borrower in mortgage arrears, particularly as deals are advertised on the basis that they can be conducted swiftly and quietly with no need to tell neighbours or even family.