SELL AND RENT BACK IN SELBY

Situated on the river Ouse just south of the city of York the town of Selby has a long history. Settlement there dates at least from Viking times and possibly before. The river Ouse being tidal has given Selby a natural trade advantage and for much of its existence it was a prominent market town as well a large involvement in the ship building industry.

Both the river and canal have meant that Selby is well connected to other large towns and cities as well as the sea. This again gave the town an advantage in the coal mining industry an for a while it was the UK’s leading coal producer.

In recent times both the coal and ship building industries have both been shut down and Selby has become predominantly a commuter town for the other large cities in the area such as Leeds and York with most of its economic wealth being derived from farming in the local areas. Even so the town has seen much recent development with many of the older industrial areas being redeveloped into residential areas.

This unfortunately hasn’t stopped Selby from feeling the pinch of the current economic situation with debt levels and home repossessions all on the increase. As a consequence we have seen an increase in the amount of sell and rent back agreements being taken out in the area. If you are experiencing problems and think sell and rent back may be for you why not submit an enquiry and see if we can help you.

As we all know the past few years have been turbulent with many people in the Selby area and the UK as a whole finding themselves under increasing financial pressure. Many have found Sell and Rent Back a way to cut their living costs by freeing themselves from high mortgage payments, and in many cases also providing them with a way of attaining the equity they have built up in their properties to help pay off debts.

If you think that Sell and Rent Back might be for you then Compare Property Buyers can compare national and investors local to Selby to get the best deal possible. Sell and Rent Back and fast property sales also have the advantage of having no legal fees, no need for a home information pack and both have fast completion timescales.

Compare Property Buyers is authorised and regulated by the Financial Services Authority, and we only compare Sell and Rent Back property investors who are themselves regulated.