Property Rescue's sell and rent back division, Rent Back Experts, makes selling your home and renting it back simple.
Rent Back Experts will deal with all arrangments, promising to give you a clear explanation at the time an offer is made and will guide you through any questions you may have, but in the meantime here is a straightforward step-by-step guide as to how the process works:
For Sell and Rent Back, there is a rigid regulatory process laid down by the Financial Services Authority (the industry regulator) that needs to be followed. This will ensure everything is clear at every stage of the process.
- You make contact with our Rent Back Experts division about sell and rent back.
- Rent Back Experts value your home within a few hours and make two offers. One offer will be arranged for sell and rent back and the other will be to sell your home fast and move to an alternative property locally. At that time we can also give you an estimate of what the rental costs are likely to be under the ‘sell and rent back’ option
- You make a decision as to whether you want to proceed with Rent Back Experts. If you do, a visit is made so that all the necessary paperwork can be completed.
- This visit is very discreet and on that visit all your questions are answered and you are informed exactly what the rental costs will be after the sale has been completed.
- Rent Back Experts contact our team of lawyers who will begin to put the house sale into motion.
- After your sale is completed, Solicitors arrange for your outstanding mortgage and secured loans to be paid off, as well as any fees you have incurred with your lender. The remainder of the proceeds from the house sale will be deposited into your bank account as instructed by you. If you have asked for any of your unsecured loans to be paid off, this will be done at the same time.
- You begin paying rent on the date agreed and then monthly thereafter if you've chosen to sell and rent back. If you've chosen Property Rescue's sell house fast and move option, the Property Relocation team will help find you an alternative property locally to move into once the sale completes.
Your Sell and Rent Back process is complete!
Rent Back Experts will arrange a GENUINE CASH PURCHASE for sell and rent back. You can expect to receive 75%-85% of the current market value of the property, but remember, you pay No fees, it is IMMEDIATE, and it will put you in a strong position for making all your financial decisions.
Rent Back Experts is a trading style of Property Rescue Limited. Property Rescue is authorised and regulated by the Financial Services Authority for the conduct of sell and rent back business. Our firms reference number is 522471. *not all types of property purchase activity is regulated, please ask us for details.
Property Rescue is a UK Based Organisation dealing with only UK Properties. If you enter into a sale and rent back agreement you are unlikely to get the market value of your home and, as a tenant, may only be able to remain there for a limited period. There may be other options available. Please ask for a key terms statement.
More Sell and Rent Back information
Contact us by email info@rent-back-experts.com for a sell and rent back offer. Or alternatively you can complete an online enquiry form.