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Sell and Rent Back
RJM Properties offers a sell and rent back service where we buy your
property and then rent it back to you.
Our clients chose to sell and rent back for all sorts of personal reasons.
USE OUR ONLINE PRIORITY FORM! Some clients chose to sell and rent back to enable them to become cash
buyers. This means that they can
find and buy a new home without the inconvenience of moving into temporary
rental accommodation. More
importantly, they have the advantage that they have sold their home and
can effectively buy for cash.
The over 50’s generation will sell and rent back as a way of releasing
equity in their homes to enjoy their
lives.
Selling and renting back can be preferable to home reversionary
schemes.
Others chose to sell and rent back to clear their debts, to settle
mortgage arrears or to stop repossession
from taking place. All situations are different and we can adapt the
solution to suit your individual
requirements.
Providing you have equity in your property the sell and rent back scheme
offers a neat and convenient
solution to many situations.
Q:
What costs are involved in the sell and rent back process?
A:
There are no charges to our clients. We pay for any valuation and survey
fees and we will
even pay for your
solicitor fees.
Q:
How long does the sell and rent back process take?
A:
Usually it takes about 4 weeks. However, if required an agreement can be
reached within 24 hours. It is
rarely too late to reach an agreement although the more time there is the
better the chances of a successful
solution being found.
Q:
Can I use my own solicitor?
A:
Yes although where speed is required we prefer that you use our
recommended solicitors. We pay for the
solicitor’s fees so there is no cost consideration for you. The solicitor
we recommend is familiar with our
requirements and will help to make the process work efficiently. There is
no conflict of interest as under the
Law Society rules the solicitor must act in your best interests.
Q:
What are the terms and conditions if you become our landlord?
A:
We use a standard Assured Shorthold Tenancy Agreement which is the same
agreement used by the majority
of the lettings market. All the terms and conditions will be explained to
you at the time.
USE OUR ONLINE PRIORITY FORM! |
