Posted by admin on October 7, 2009 under Sell and Rent Back | 
Before the recession a lot of financially troubled homeowners opted for sell and rent back schemes and most of them were very happy with their decision because when the recession hit they were in a much better situation to deal with the financial crisis.
During the recession many homeowners were constantly haunted by repossession and thousands lost their homes to the mortgage lenders and found themselves in a chaotic situation.
Some of these homeowners opted to go for a sell and rent back scheme instead of just giving away their homes to the banks through repossession. There was all sorts of havoc written in the media about Read more of this article »
Posted by admin on September 30, 2009 under Sell and Rent Back |
Anyone concerned about the legitimacy of sell to rent back schemes should take a moment to reflect on the activities of some conventional mortgage lenders. For example some people who have borrowed from reputable banks are now in a situation that they are unable to even consider the sell to rent back option.
Take the case of the Bank of Scotland and Barclays Bank, Read more of this article »
Posted by admin on September 25, 2009 under Sell and Rent Back |
If you are busy surfing web sites in search of a way to solve your current financial problems, there’s a good chance you have just stumbled on a solution. All you need is to be the owner of a property that is worth more than you owe on it. The less you owe the better, even if you are battling to sell.
If you owe more than your property’s worth Read more of this article »
Posted by admin on September 22, 2009 under Sell and Rent Back |
It has been reported that as many as 3.5-million UK households are unable to move home because either there is not enough equity in their properties, or they simply can’t get a new mortgage. So they’re stuck. They lucky ones don’t have to sell. The unlucky ones don’t want to move at all, but because they have accumulated huge debts, they have to.
So what do you do if you can’t sell but have to? Read more of this article »
Posted by admin on September 14, 2009 under Sell and Rent Back |
If you are facing the possibility of a mortgage lender or bank repossessing your property, don’t despair, there is a way that you can save your home long term.
The solution is to sell your home and then rent it back from the purchaser. Of course not everyone is prepared to buy a house and then let you stay in it. But companies that specialise in sell and rent back schemes Read more of this article »
