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Sell and Rent Back FAQs

Q. How can I sell my house fast and find the highest home buyer offer?

A.  What ever the reason to sell your house fast, you are likely to want to obtain the very best home buyer offer.  Like Property Rescue, other sell and rent back organisations are also incurring extra processes, procedures and costs since Financial Services Authority (FSA) regulation, impacting on what can now be offered you for your home.  We believe you will obtain the highest financial offer by selling fast and renting an alternative property locally.  Click here for alternative sell and rent back options.

Q. Do I need a solicitor and who pays for all the costly legal fees?

A. Property Rescue arranges the solicitor and arranges for all the associated fees to paid when selling your home, whether you want to sell and rent back or sell your home fast and move. There are NO LEGAL FEES for you to pay and you won’t be left with a huge bill when your house sale is complete. We explain everything to you in detail at the outset, but guarantee that there are NO HIDDEN CHARGES.

Q. How much does the valuation cost and do I pay a fee to you as the selling agent?

A. Through Property Rescue you pay NO VALUATION FEE and NO AGENTS FEE. The price quoted for your property is the amount you will receive, once your loans have been repaid. 

Q. Who are the Financial Services Authority and what do they do?

A. The FSA are the independent watchdog that regulates financial services and from 1st July 2009, they now regulate the Sell and Rent Back industry too.  Property Rescue was successfully authorised for sell and rent back activity during the interim period up to 30th June 2010 and we are now waiting for full authorisation to be issued. We are fully supportive of their involvement within the Sell and Rent Back sector and prior to their involvement worked to a Sell and Rent Back customer charter.

Q. What sort of offer will you make for my property?

A. The offer to Sell your House Fast from Property Rescue will depend on the location, type and condition of your home. Our guaranteed sell house quick offer will be a percentage below the market value, but the price we offer is exactly what you will get once your mortgage and loans have been repaid – with no deductions! Think how much you would be likely to pay in estate agent, legal and mortgage fees if you were to sell your home privately (let alone the length of time that would take) and you will find Property Rescue’s offer to be very attractive.  A fast house sale is what we are all about.

Q. What if Property Rescue make me an offer to Sell my House Fast and I decide not to go ahead.

A. That’s absolutely fine! Our Sell House Fast offer to move or to sell and rent back is entirely without obligation.

Q. Do I need to go to meetings with my mortgage lender?

A. No. At Property Rescue we do everything on your behalf. All you need to do is to agree to proceed by signing the necessary paperwork.

Q. I’m in arrears on my mortgage. How long will it be before my lender starts to take action?

A. Each lender has its own policy concerning mortgage arrears but generally anything from two to six months non-payment can result in the possibility of losing your home. Always keep in touch with your lender and tell them if you are experiencing payment problems. If your financial situation is unlikely to resolve itself contact Property Rescue without delay so that you can explore the sell house quick options before it’s too late.

Q. I’ve already got a repossession order on my house. Is it too late to Sell and Rent Back or Sell Fast and Move?

A. Even in these circumstances it is not too late to save your home. Property Rescue acts fast and will deal directly with your lender to put the court order on hold. But don’t delay, start the proceed for a quick house sale – make contact with Property Rescue straightaway. 

Q. I’ve got lots of other loans on credit cards. Can you help me sort those out too?

A. Yes. At the time of the house sale and when the mortgage is paid off, we can clear up to 80% of unsecured debts , leaving you with a genuine chance to make a fresh start with your finances.

Q. Will the rent I pay as a tenant be above the market rate?

A. The rent for your property is agreed in advance and is set at the current market value.  Have you considered the alternatives to sell and rent back;   Read our useful 'Alternatives to Sell and Rent Back'.

Q. Will I have a proper tenancy agreement.

A. Yes. Through Property Rescue you willl  sign a legal agreement which confirms the terms of the tenancy and gives you certain important legal rights as a tenant.

Q. I don’t want anyone to know that I’ve sold my home and now rent it. Is that possible?

A. Yes. Property Rescue understand that many people want to complete the ‘sell and rent back’ or 'sell house fast and move' process with total discretion. We don’t put up boards outside your home, nor do we send sales people to your door. You can rest assured that all sell house quick actions are done in the strictest confidence.

More Sell and Rent Back information

Contact us on 0800 1313 999, email sales@propertyrescue.co.uk or complete an online enquiry form. Property Rescue is a UK Based Organisation dealing with only UK Properties.

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  • Enjoy a fresh start!
  • Clear your debts
  • Sell your home and rent it back with Rent Back Experts
  • Debt management service
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Contact us on 0800 1313 999, email sales@propertyrescue.co.uk.
Property Rescue is a UK Based Organisation dealing with only UK Properties.
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