HOME
How Does The Buy And Rent Back Scheme Work?
More and more people are struggling to stop their homes being repossessed than at any time in the last 12 years, if you are behind with your mortgage, loan repayments (if the loan is secured on your property) and you have not come to an agreement to repay the arrears with the mortgage/loan company then they can start possession action in the country court to take back and sell the property to recover the debt. Rent Back My Property can help, contact the company immediately.
The threat of house repossession is an extremely stressful and worrying experience, the pressure this puts on your relationship and family is too great to ignore if you feel you could soon face the threat of house repossession you should act now to find alternative solutions. This is how the rent back company maybe able to help:
1. Buy your house quickly, releasing cash; this would enable you to clear your outstanding mortgage and arrears without being repossessed or declared bankrupt.
2. The rent back company could buy and rent back your house to you, this option again would enable you to clear your outstanding mortgage or loan but remain in your property as a tenant. The ability to clear debts and stay in your property is a real win-win situation for many of the homeowners.
3. The company could buy your your property and give you a buy back option at an agreed price. Maybe due to ill health or unemployment you have fallen into arrears with your mortgage company, and are facing house repossession through no fault of your own. Rent back company could help, not only can they buy your house and rent it back to you rent back company can also arrange a future buy back option for you to repurchase your house when your back on your feet. Even if house prices doubled in the option period the company would still honor the buy back option price agreed with you at the time of sale.
