SELL AND RENT BACK IN SCUNTHORPE

Lying just East of the river Trent and surrounded by lush green fields and farmland Scunthorpe is perhaps an unlikely centre for the steel industry. Yet lying on large deposits of limestone and iron ore Scunthorpe has all the the ingredients required and around the middle of the nineteenth century the industry took off. At the start it was hampered by the lack of a decent railway, once that was completed in 1864 Scunthorpe went on to have a total of five iron works by the end of the century and one more iron and steel works early in the twentieth.

Heavy industry is still a major part of Scunthorpe’s economy today perhaps most notably with the Indian owned firm Corus which still has a steelworks there and although towards the end of the twentieth century many of the larger firms were scaling down their operations in favour of cheaper foreign alternatives there is still a strong manufacturing sector. The iron ore underneath Scunthorpe itself was ceased to be mined in 1981 in favour of higher grade imported ore.

As a result Scunthorpe has struggled to change it’s economic base and although it has other industries such as food production and distribution it has never achieved the prominence it managed in the height of the industrial revolution and this has come to point in the current economic climate with ever rising unemployment, debt levels, home repossessions and Sell and Rent Back agreements being taken out as people struggle to keep their homes.

Compare Property Buyers can offer you a service unique in the Sell and Rent Back marketplace. We compare only Financial Services Authority regulated property investors who can offer Sell and Rent Back deals in the Scunthorpe area.

We are of course ourselves authorised and regulated by the FSA to conduct Sell and Rent Back business in Scunthorpe which means you will have the protection of being offered a minimum tenancy of five years at a rental price agreed beforehand and the legally required cooling off period for you to make sure you are making the right decision.

Being independent means we at compare property buyers can offer anyone looking to Sell and Rent Back or sell a property quickly in Scunthorpe a true no obligation comparison of the deals available. We don’t charge our client any fees and both Sell and Rent Back or fast sales have the advantages of no estate agent fees, require no home information pack and have a very fast completion time.