Sell And Rent Back To Release The Equity In Your Property
You may be looking at different ways of releasing the equity in your property. You could look at different remortgaging packages. This can be useful, but you are then lumbered with an extended payment plan on your mortgage. You could also sell your home. This will certainly release the equity you have built up in your house but can be very time consuming and costly. You also run the risk of property chain breaking and when you do sell you need to find somewhere new to live. The rent back company have tailor made solutions called sell and rent back. The company will buy your house from you, at no cost to you whatsoever. They take care of valuations, survey and legal fees, then you can simply rent it back from the company.
Whether you mounting debts and financial difficulty, been threatened with bankruptcy, are getting divorced or separated or are retiring and would like, or need to unlock the capital tied up in your home, sell and rent back can release the equity in your house, and you need not move out. It is very simple process. The rent back company will make you a trade offer on the spot and inform you whether or not you can qualify for a rental agreement. If you are happy with everything the company can draw up the paper work there and then for you and get you the equity release you are looking for.