The sell and rent back option is becoming an increased option for more and more home owners due to cheap mortgage deals coming to an end and lenders struggling to meet their mortgage payments.
Yesterday I had a quiery about the sell and rent back option from a couple who did not want to lose their home but had begun to fall into arrears with their mortgage payments. They did not want to put their house on the market as they really loved the house and area and wanted to stay there. They had not spoke to their mortgage lender and had just buried their heads in the sand. However they knew they know had to take some form of action and so contacted us.
After reviewing their budget with them we were able to offer them a http://www.housesforcashuk.co.uk/SellAndRentBack.phpoption that worked for them. We are going to see them tomorrow to begin the process of buying their house.