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Sell & Rent Back

We understand that you may be facing repossession and experiencing financial difficulties and so are thinking about selling your home.

If you are being forced to sell your home to clear your debts and not wanting to move then we can offer you a solution.

There are many benefits to selling and renting back your home, as typically you can:

* Be debt free and continue to stay in your home forever.
* Release Cash and Equity within weeks.
* Not worry about falling house prices or rising interest rates.
* Avoid Repossession and the cost of maintaining your home.
* Keep a healthy credit score for your future.

We can also arrange for you to live in your home Rent Free or at a discounted rent!

More and more customers are deciding to release equity tied up in their home, renting back at very competitive rates and staying longer term:


We at the Repossession Helpline can help you sell your home quickly and rent it back to you.


You are free to stay short term or take advantage of our Long term tenancy options designed with inexpensive rent that will suit your individual needs.

We can also offer for you to buy back your property in the future. The service is completely confidential and tailored to a timescale to suit you. We aim to help all of our customers become completely debt free.

We purchase properties on average at 25% to 20% below market value and we are committed to happy long term tenancies.

Sell and Rent Back Benefits:

We will always offer you a fast yet reliable sell and rent back service with the following:

* No Fees (Solicitor, Estates Agent, HIPS or Maintenance Costs).
* Becoming Debt Free (We will try and clear all your secured and unsecured debt).
* Guaranteed Purchase price (Cash wired to your solicitor, rather than a vague purchase price).
* Release Cash and Equity Fast (access to cash tied-up in it and immediately rent it back for as long as necessary).
* Quality Solicitors (to independently represent your interests in the Sale).
* Long Term Tenancy Options (with a Legal Guarantee letting you stay until you want to leave).
* Confidential Service (No for sale sign, unmotivated buyers or public viewings).
* Deposits registered (Your money is safe with the Deposit Protection Scheme).
* Buy Back options available (Buy back could be ideal if don't want to lose the property).
* Fast solution tailored for you (Timescales, Agreed Rent and Cash back to suit you).
* Security and Peace of Mind (No Chain Breaks, or wondering when and if the sale will go through).
* Don’t worry about falling house prices or rising interest rates (Let us).
* Avoid Repossession and the cost of maintaining your home.


We always arrange a long term solution that suits your needs completely.

The process is very simple as we:
 
1. Identify the value of your property.
2. Identify the market rent for your property.
3. Agree with you a rent based on your affordability and will offer a rent free period if you prefer.

All of this can happen over the phone within 24 hours so that you know exactly where you stand and we do not have to visit the property straight away.

Then we will:

1. Meet you at your property.
2. Make you a free no-obligation cash offer for your property.
3. Complete the whole process within days rather than months.
4. Offer you a legally guaranteed tenancy that allows you to stay stress free in your home, as long as you want.

Simply complete the contact details form on the left and one of our advisors will call you straight back.

Or call us now on Freephone 0800 058 8801 if you want to resolve your situation and be debt free.

We can buy your property in days and rent it back to you, so you can have a fresh start.


Repossession continues to scare families throughout the UK. The figures released by the Council of Mortgage Lenders show the chaotic economic situation in the country. According to CML 40,000 properties were repossessed last year and some private forecasts from loans firms say that there are expected to be 75,000 repossessions for the year 2009.

Mortgage arrears were around 182,600 by the end of last year and it is expected to rise to an alarming figure of 500,000 in 2009. These 500,000 families are expected to fall into arrears for 3 or more payments.

These figures do not include the numbers for sub-prime lenders as they are not members of the CML and consequently not required to pass information to them. This can mean that the figures released can be a lot worse than they already are. Sub-prime lenders are private institutions – but sometimes affiliate of mainstream lenders – that lend to borrowers who do not qualify for loans from mainstream lenders. They rarely identify themselves as sub-prime and a big indication that they are sub-prime is their substantially higher rates compared to mainstream lenders.

Mortgage arrears are the first signs of repossession. Although there is some good news which is 11% less repossession than was predicted by CML for 2008 this could just mean a delay with inevitable repossessions being carried over into 2009. The reason is that banks are slightly less radical in their decision to repossess being more tolerant about arrears. Hopefully these 11% less repossession in 2008 is not going to add to 2009 figures. The truth is, if payments arrears exist for more than 3 months and with job losses figures of 1.97 million – the worse figure since 1997 – you don’t need to be an expert to see how it is going to end.

According to the CML there is a considerable increase in the number of people abandoning their homes by opting for voluntary repossession which means handing back the keys to their lenders and vacating the house. Desperate situations require desperate measures but this should not be an option at all because the consequences are highly detrimental for the homeowner. Voluntary repossession can be much more expensive than the formal procedure because alternative accommodation has to be found together with additional costs of solicitors and court fees plus the borrower will still be responsible for any remaining debt if the property is sold for less than the outstanding debt.

The government announced in December 2008 a mortgage support scheme but it is not working to its full capacity and meanwhile 200 families are expected to lose their homes each day in 2009. Private investors are also collaborating in reducing these numbers through the sell and rent back scheme offering a variety of options to families in danger of repossession.

The key actions are negotiation, strategy and creativity to get to the other side of this crisis still in possession of our own homes. The companies giving unsecured loans such as credit cards and small independent cash advances are using very aggressive strategies to recover their loans which leads many debtors to repay these before making their mortgage payments. This is not the best course of action and only the minimum agreed payment should be made on unsecured debts so that mortgage repayments can be prioritised.

The sell and rent back scheme can be an option to consider if the homeowner is not in negative equity. Provided the property has some equity the sell and rent back scheme is a strategy that should be pondered.

Consider all options without prejudice and don’t rely on false hopes that everything is going to be alright. The majority of homeowners repossessed thought they should have acted earlier on the first signs when they struggled to pay their bills.