Sell Rent Back – Avoid Estate Agents

Sell rent back schemes are increasingly popular during the credit crunch, but there's an additional bonus to sell rent back schemes – you get to avoid estate agents!

There are serious financial reasons why homeowners opt for sell rent back schemes. Increased mortgage repayments as a result of rising interest rates, rising inflation impacting on the cost of living, a huge increase in household costs as salaries aren't rising to match the increase – the list for turning to sell rent back companies to escape mortgage misery is endless.

Sell Rent Back Alternative to Repossession

As news headlines buzz with gloomy predictions of recession, and newspapers are studded with stories that leave sinking feelings in homeowners stomachs, sell rent back schemes are increasing in popularity. Homeowners who over stretched themselves to get onto the property ladder in recent years are most at risk to sell rent back schemes as they realise they can't sustain their monthly outgoings without risking debilitating debt. And sell rent back schemes could be the only real alternative to repossession, as the rising repossession figures indicate.

Sell Rent Back Schemes Sidestep Estate Agents

These are very serious reasons to turn to sell rent back companies for help. But it must be a bonus that sell rent back companies mean home owners can sidestep the dreaded estate agent entirely. With a sell rent back scheme, the property rescue company buys your home discreetly and privately, with no 'For Sale' signs, and no prospective buyers. It's simply a matter of paperwork, switching you from home owner to tenant. And so sell rent back schemes mean no estate agents whatsoever.

Estate Agents New Lingo

According to the BBC News website, estate agents have devised a new lingo in response to the credit crunch. And for somebody facing repossession, the lingo can seem crass at best. Estate agents already have low standing in public esteem, ranking alongside journalists and traffic wardens. But the turmoil in the housing market that has triggered the boom in sell rent back schemes has generated understandably strong emotions. Jargon around the downturn, including the phrase 'credit crunch' is grating on home owners' nerves. Other phrases annoying those facing sell rent back schemes or the risk of repossession include:

• The bottom is now visible
• Ambulance chasers' (estate agents preying on victims of the credit crunch)
• Trawlers
• Brickamortoise (property languishing unsold on the property market for a long time)
• Distress sales (property owners in debt who are desperate to sell at any price)

Looking for a Sell House, Rent Back Scheme? Speak to Property Rescue

If you need help to get a sell rent back scheme for your property, contact us at Property Rescue. We’re committed to helping you, whatever your circumstances. Property Rescue has helped hundreds of homeowners, rescuing them from desperate situations. With Property Rescue you can rent back with confidence.

Call freephone 0800 1313 999 for help today.

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