The "Sell and Rent Back" scheme is becoming
more and more popular in the UK as a way of avoiding repossession
and to pay off worrying insecure debts. The credit crunch has hit
the country extremely hard in recent months - and is likely to hit
even harder in 2009 and possibly beyond. This has led to the number
of home repossessions hitting 27,000 in 2007, 40,000 in 2008 and according
to The Council of Mortgage Lenders these numbers are likely to rise
even higher in 2009 to a staggering figure of 75,000. When domestic
financial crisis hits many people procrastinate or freeze, unable
to see a way out of a potentially ruinous situation. Others simply
pray for a miracle. Neither option works. Both can be disastrous,
and have led to tens of thousands of homeowners losing their homes
- while the only thing you'll gain from having your house repossessed
is a black mark in your credit history, making it virtually impossible
to get back in your feet for the next 6 years at the very least. But
there is a way out of this traumatic scenario - and it is much easier
than you may think.
The Sell and Rent Back option is a scheme that has
helped thousands of people avoid repossession and get out of debt.
You sell your home to Beese Properties and then rent
it back on a long term basis or for as long as you need.
- You stay living in your property for as long as
you want to;
- There is an option to buy back the property at
later date if you wish;
- You do not pay any legal fees;
- No HIP is required;
- You do not pay any estate agents' fees;
- Sale can be completed in just 10 days;
- Repossession of your property can be stopped within
days;
- The main benefit of using Beese Properties is that
you can continue to live in your home with our rent back option;
- It takes an average of 6 to 12 months to sell a
property through an estate agent, time many people in acute financial
trouble simply do not have;
- With an estate agent, buyers can pull out at any
moment up to the exchange of contracts. This is even more likely
to happen at present, when the property market is depressed;
- Homeowners have to pay legal fees on the sale of
a property,
plus HIPs;
- Homeowners have to pay hefty estate agent fees;
