Sell house – rent back for peace of mind
Are you looking for a way to sell your house, but don’t want to move out? There aren’t very many options available to you but, if you choose to sell your home directly to a property specialist, you could rent it back immediately; avoiding the need to move.
How the sell-house-rent-back process works
It’s a simple solution to a problem that affects many people. Often, the costs associated with moving house are just too high, and moving out of your home into rented accommodation may mean living in a smaller property or having to move further away from jobs or schools. Selling your house is stressful enough without having to worry about where you’re going to live next, or how you’re going to afford it. This is particularly true if you’re being forced to sell because you have to raise the money to pay debts or because you’ve split with a partner, for example.
Step 1 – arrange to sell your house
Selling your house directly to a property company gives you peace of mind because you know the sale is guaranteed. There are no hidden costs and your sale will go through quickly because the transaction is so simple. You’ll have a cast-iron completion date, which will help you to make arrangements for the cash payment.
Step 2 – arrange to rent it back
When you talk to the property company, ask them about the sell-house-rent-back option. They will talk you through the process and how it works and you can find out what the monthly rent would be on your property. Instead of owning the property, you will become a tenant, so you need to understand the responsibilities and rights that tenancy brings, and you will need to make sure you agree to any conditions the landlord puts in the tenancy.
It really is that straightforward. You can continue to live in the house; all that happens is that ownership of the property changes from you to the property company, and you stay in the house as a tenant. There’s no need to worry about anything; you can concentrate on sorting out your finances, or making a fresh start without the disruption that moving often brings.
At the Yorkshire Property Company, we believe in giving you the best deal for your property, so that you can get on with your life. Our experience and our professional standards of service make us the ideal choice if you live in Yorkshire and you need to sell your property quickly. With our no-fee service and plenty of help and advice along the way, we’re happy to talk to you about your property and how we can help you sell it with no stress and no hassle. Call us free now on 0800 088 7037 or send in your online enquiry form.
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