SELL AND RENT BACK IN TOTTENHAM

Situated along an old Roman road, Tottenham has been inhabited for at least a thousand years. For much of its time a mostly rural area it became a popular retreat for wealthy Londoners to visit and indeed king Henry VIII used to frequent the area and hunt in Tottenham Wood.

Being mostly rural and close to London it became inhabited almost exclusively by the middle classes until close to nineteen hundred when cheaper housing was built to accommodate a growing workforce that needed to commute into London which they were able to do thanks to the Great Eastern Railway and thus Tottenham gradually became a suburb of London.

More recently Tottenham has become noted for its huge multicultural population and in particular gained notoriety during nineteen eighty five when some of the worst rioting in recent history was seen in the area. The high levels of different nationalities stems from the levels of immigrants that settle in the area. Unfortunately as usually follows in an area like this there is also a high level of unemployment in Tottenham and thus poverty.

Many people in the Tottenham area are struggling with rising debt levels and in these hard times repossessions are becoming even more common.

In Tottenham we have in the last few years seen a steady rise in the amount of Sell and Rent Back enquiries we’ve received. The main reason for this seems to be the amount of people attempting to lessen their living costs.

Selling your property in Tottenham and then renting it back can help by firstly by shifting high mortgage payments into lower rental payments and also by cutting completely the cost of property upkeep as this is then undertaken by the property investor. At Compare Property Buyers we compare only investors authorised and regulated by the Financial Services Authority to undertake Sell and Rent Back agreements.

Both Sell and Rent Back Deals and fast property sales also have the advantage of fast completions timescales, no estate agent or legal fees and no need for a home information pack. Compare property buyers is authorised and regulated to undertake Sell and Rent Back activity to help you find the best deal in Tottenham.