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
ever harder over the next year and possibly beyond. This has led to
the number of home repossessions hitting 27,000 in 2007, and according
to The Council Of Mortgage Lenders these numbers are likely to rise
even higher this year. 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 relatively new
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;
