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About Sell and Rent Back
If you’re caught in a financial house-trap, Positive Equity can throw you a life-line. Our company doesn’t only deal with people who want to move house. You may like living where you are – your children attend good schools, you enjoy the local community and have friendly neighbours – all reasons why you’d want to maintain stability in your life. But….
- You have mortgage arrears and the property is under threat of repossession.
- Your debts need to be repaid and you are facing the possibility of bankruptcy.
- Your outgoings are more than your income and financial meltdown is looming.
- To sell up and move out may have seemed like the only option, until now...
Forward Focus Development sell and rent back
Positive Equity will buy your home and allow you to continue living in it as a tenant. The sale price of your home and the amount of rent you will have to pay is agreed at the outset. A legal contract is drawn up and you have all the rights that ordinary tenants have. Its a win-win situation!
Sell now and buy later
If your financial difficulties are likely to be temporary you might wish to have an option to buy back your home at a later date. If so, we’ll agree with you a market value that will be fixed at a time in the future. When that time comes you’ll either have the option of buying back your home – and we are obliged to stick to the price we’ve quoted you even if house prices have increased – or walk away from the deal with no loss whatsoever.