If you want to stay in your home after the sale you can choose our Rent Back scheme. Our adviser will sit down with you and together you’ll decide a rent that you can afford. Depending on your circumstances and the equity available in your home, your rent is likely to be lower than your mortgage payments were.
The lower the purchase price the lower the rent you have to pay.
On the day of completion you’ll sign an Assured Shorthold Tenancy agreement with us. As long as the rent payments are kept up to date you can stay in your home for as long as you like, GUARANTEED!
Remember as long as you pay your rent we Guarantee you won’t be evicted so you can
live there for as long as you like, the rest of your life if you want to.
The rent back scheme is a great way for you to stay in the home you love, even if you are facing imminent repossession. You’ll release money from the sale of the property to pay off all your debts, restore your peace of mind and improve your standard of living.
We will deal with you in total confidence,so no one else need know you sold and now rent. Neighbours will know only what you want them to know.
Furthermore if you take up our Buy Back Option once you are back on your feet you can buy your home back at a similar discount that you sold it for.
See our Buy Back Option section for more details.