Rent Back or Buy Back
Sell and Rent Back Option
After selling the house, you do not have to move out if you
do not want to. You can rent the house back and stay there
as long as you like.
That way you do not have to take on the extra stress
of finding a new place, moving your belongings, finding
new school for children, new neighbours and so on.
We will give you 2 options on how much rent you can afford
to pay without overstretching unnecessarily.
We will fix that rent initially. That way your outgoings
will be lesser than before (After all what is the point of
selling the house if it does not make your life any
easier).
Sell and Buy Back Option
All our clients have their own personal reasons to sell
their house quickly - many do this because they are in some
sort of financial hardship.
Many of them eventually put the hardships behind them, as if
this were a bad dream, with their hard work and determination!
When they are back in a position to buy a house again, they
often do so without delay.
But there is often one problem - property prices would have
gone up by then. For example, house prices in most parts of UK
have doubled in the last few years. Experts say that these
prices will continue to rise in future. That puts our clients
into a disadvantage. How can they 'ever' buy a house again?
Except that we came up with a solution!
When you sell the house to us then we will give you an
option - you can have the choice of buying the same
house back from us anytime in the next 2
to 5 years time at Today's price (or Lower)
- at No Risk to You.
Let me repeat this again (in case you missed it):
If you sell the house to us today
then you can have the option to buy it back in the next
2 to 5 years at Today's Price (or Lower) - at
absolutely No Risk to You!
So what does this mean? It is simple:
- If property prices go up then you win. Because you
are buying the house back at today's price. That
way you get instant built-in equity from day one.
- If house prices drop (which is highly unlikely,
according to property experts), then you can just walk away
and buy a cheaper house elsewhere. So there is no risk to
you.
In other words, you get the right to buy the house
back (at a pre-determined price). However you are under no
obligation to do so. Simply put, if you wish to buy back
then we much honour your wish. But you do not want to exercise
your right then it is entirely up to you.
This is an unheard of deal. So we must be mad, right?
May be! But this certainly is a win-win situation
for you where you simply can not loose,
even if there are some conditions attached to it.
To Submit Your
Property, Click Here and some one will
get in touch with you soon.
Buy Back: More Details
If we buy your house at a certain percentage below its true
market value then we will offer you to buy the house back at a
similar discount. For you this could mean that:
- You have locked in the future price of your property.
That way you have the equity from day one.
- If property prices continue to go up then the level of
your equity will increase even more.
- If you can add value to the property (e.g. decorating,
fixing things etc) then you can force-appreciate the value,
and equity, even more.
- You continue to live in the same house. That
way there is no looking for a new house to rent or
buy, changing schools for children, moving into a new
area and so on. Even your relatives or neighbours need
not be any wiser of any change in your
circumstances.
However there are some conditions. They are:
- You must rent the property back till you buy it
back.
- No late or missed rents are allowed. You must pay the
rent on time every month.
What is in it for us?
As a business we will expect a reasonable profit from this
transaction. It is generally a small percentage. But
the main thing is: you are able to buy the property with built
in equity from day one (which may even increase over
time). So it is a win-win situation for every one.
Buy Back Example:*
Let us suppose that your property is worth £150,000.
You want to sell the property to us and then buy back
in 5 years (or earlier). Let us also imagine that
the property prices go up by 5% every year during the next
5 years.
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Today
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- We buy the property at
80% of its real market value (i.e.
£120,000)
- You rent back this
property for the next 5 years
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5 Years
Later
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- Property prices have
risen at 5% per annum. Market value
of the property
is now £182,000.
- You can buy the property
back at 20% discount of this price
(i.e. £145,000).
- Net
Result: You may be able to buy the
property back without even needing a
deposit because there is enough built in
equity in property.*
In theory, you
loose some equity when you sell the
property to us. However when you buy the
property back, you get £37,000 in
equity - which is more than what you lost to
start with.
However if property prices
crash then you are not obliged to buy back this
house at all.
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*Disclaimer: This should
not be treated as advise or recommendation, simply because we
have no knowledge of your personal or
financial circumstances. Please take appropriate
professional advise where
necessary. We are not licensed to
advise on financial or mortgage matters.
Next: A Worked Example
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