What is Sell and Rent Back?
Sell and Rent Back
in Scotland can be a way to sell your property to raise money whilst still living in it, there are many different Sell and Rent Back schemes available in Scotland to suit many different circumstances.
Sell and back schemes in Scotland are sometimes used to Stop Repossession.
Finding a reputable Sell and Rent Back investor can be a good way to stop repossession and stay in your home.
Sell and Rent back could also allow you to release equity built up in your home to pay off debts and live debt free. Alternatively you may wish to Sell and Rent Back to raise money for a better retirement.
Sell and Rent Back schemes can be tailored to suit your individual circumstances, for instance you may have lost your job or wish to retrain, in that case you would consider a Sell and Rent Back scheme offering a rent free period.
Whatever your circumstances as long as you have sufficient equity in your home we will try to find a sell and rent back scheme in Scotland that suits your needs.
USING SELL AND RENT BACK TO
STOP REPOSSESSION IN SCOTLAND
Property values have faired better in many areas of Scotland compared to the rest of the mainland. However, recently they have started to fall dramatically in some areas and it is forecast that Scotland will be facing a higher level of repossessions than other parts of the UK due to increased unemployment and exposure to high cost mortgages.
HOW CAN YOU STOP REPOSSESSION IN SCOTLAND?
If you are having trouble paying your mortgage or a loan secured on it you will be in danger of losing your home. The first step is to contact your mortgage or loan provider and explain the situation. Lenders will be far more helpful and far less likely to start repossession procedures if you explain your financial situation honestly, and can prove you are attempting to pay your mortgage or secured loan and agree a plan to repay any arrears, this applies generally to both Scotland and the rest of the UK.
If you cannot pay at all or fail to pay an agreed amount the lender may start court proceedings. At this point you need to make plans to stop the repossession.
STOP REPOSSESSION WITH SELL AND RENT BACK IN SCOTLAND
If you have exhausted all other options and are facing repossession in Scotland then a 'Sell and Rent Back' scheme
to avoid repossession may be for you.
We compare both national & local FSA regulated investors who offer Sell and Rent Back schemes in Scotland. Whether you want to sell and rent back for a short term or long term the tenancy agreement can be arranged to suit your needs.
In some cases it may be able to stop the repossession with a Sell and Rent Back scheme and allow you the
option to buy back the property in the future. A Sell and Rent Back scheme could sort out your current financial
problems, allow you to remain in your property paying rent to the investor and then in some circumstances buy back your home at a later date.
With a great deal of experience in Sell and Rent Back schemes to stop repossession in Scotland Compare Property Buyers should be the first call you make. Simply submit an enquiry form and allow us to establish your precise requirements and identify appropriate investors.
To compare Sell and Rent Back Schemes in Scotland please