If you're facing mounting debts, selling your property and renting it back may be your best option
Sometimes serious debt problems can be alleviated by negotiating with your lenders, whereby you arrange to repay the amounts in more manageable sums, in regular instalments to clear the debts slowly. Some people prefer to consolidate their debts into a single amount, so that they are only paying one lender. However, it can also be a very attractive option to sell your property to release the cash tied up in the property, therefore wiping out your debt in one go.
How do I sell my property and rent back?
You could use an estate agent to sell your property, but this process is fraught with problems, expense and possible delays. Your best option is to sell to Freedom Property because we can achieve a much faster sale than you could with an estate agent and it avoids all the typical hold-ups. If you'd like to sell your property to Freedom Property call us now on 0800 695 7 695.
A quick house sale is the best way to ensure that you will raise enough money in time to pay off all your debts, whereas, the process is likely to be too long via the traditional route.
The process works like this:
Call us for your property valuation
Take the time to decide whether you are happy with our offer
Arrange a meeting with a consultant at your home to confirm the price
Sign the paperwork only when you're fully ready to do so
Receive your cash payment and pay off your debts
Begin renting back your property with a manageable monthly rate
As soon as you receive your cash payment you can wipe out all your debts, giving you the opportunity to start afresh. You will no longer own your property, but the monthly rental amounts will be much more manageable now that you are not in financial difficulty.
Whatever your personal circumstances, Freedom Property can help. With our sell-property-rent-back solution, you can remain living in your home even after you have sold it. Unlike an estate agent, we can typically make a cash offer within 24 hours and the deal can be completed within as little as four weeks, meaning you can move on with your life quickly. To find out how Freedom Property can help you sell your property and rent it back, call us now on 0800 695 7 695 or email info@sellyourhomeforcash.co.uk
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