Process
1. You make contact with us.
2. We value your home within a few hours and make you an offer. At that
time we can also give you an estimate of what the rental costs are likely
to be under our ‘sell and rent back’ scheme
3. You make a decision as to whether you want to proceed. If you do, we
visit you so that we can complete the necessary paperwork.
4. On that visit we answer all your questions and tell you exactly what the
rental costs will be after the sale has been completed. We also offer you
the chance to enter a ‘buy back’ arrangement if you wish, which will
give you the option of buying back your home at a set date in the future
and at an agreed price. There is no obligation on you either to enter this
arrangement, or to buy back your home when the agreed date arrives.
5. We contact our team of lawyers who will act immediately to stop any
repossession order on your house if there is one, and will begin to put the
sale in motion.
6. Your sale will complete within as little as a few days. We pay off your
outstanding mortgage and any fees you have incurred with your lender. The
remainder of the proceeds from the sale will be deposited into your bank
account as instructed by you. If you have asked us to pay off any of your
unsecured loans we will do that at the same time.
7. You begin paying rent to us on the date agreed and then monthly
thereafter.
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