I want to sell my house quick but I don't want to move.
What do you offer?
We offer a rent-back option where we will buy your property quickly and allow you to rent it straight
back for an agreed period of time. The rent we will charge you will depend on your affordability but is
generally based on the market value rental figure common for your area. A buy back option could be
arranged as well along with the rent back.
How long do I have before I decide whether or not I would like to accept your offer?
Our written offer is valid for 1 month.
Which areas do you buy properties in?
We currently cover Croydon, Thornton Heath, Bromley , South London, Sutton and ALL area within
the M25 (SOUTH).
What type and condition of properties would you consider?
Any.
• Maisonettes
• Flats
• Terraced houses
• Semi-detached houses
• Properties with tenants
• Property in need of refurbishment
Can I sell my property if I am in mortgage arrears or negative equity?
As long as there is some equity in the property, we can help.
How much does it cost to sell my property to rent back?
Nothing. We will pay for your solicitor fees up to £ 500.00. There will be no Estate Agent's fees or
surveyor's fees.
Do I need a solicitor for the sale?
Yes. If you don't know one, we can recommend a good solicitor to act on your behalf to complete the
sale and we will pay their fees.
If you wish to use your own solicitor, we will provide £500 towards the costs, paid on completion.
Will anybody know about the sale?
No. it’s confidential as we do not put a sold sign up.
How long does it take to sell the property?
Normally about 3 - 4 weeks, however if a completion is required earlier we can exchange within 7 -10
days.
How quickly will I get my money?
Once the transaction is completed, the solicitor will release the monies to yourself.
Once a sale completes, how quickly do I have to leave the property?
We will fit within your needs. We can allow you to stay in the property for an agreed period of time.
How does the sell to rent back price you offer me compare with an Estate Agent's
valuation?
The price we offer depends on many factors, including the type and location of the property, its
condition and also the rental potential. We normally require a discount off the open market value to
cover our costs. The level of discount we aim for will depend on your specific property, but generally
we will offer 80% to 85% of your property's open market value.
How long can I rent the property back for?
Typically you can stay as long as you require. We are in the business of renting properties back
long term and are keen to have committed long term tenants.
How much rent will I be paying if I rent back?
Usually we charge the average market rent in your area for properties like yours. However, we
consider each case individually and will charge rent accordingly.
Is there a deposit payable when renting back?
Yes. We normally ask for a one month deposit to be paid at the beginning of the tenancy. The
deposit will be repaid back to you on the day you decide to leave the property (assuming the
property was not damaged in any way).
When is the rent payable?
We require the rent to be paid monthly in advance.
What kind of a tenancy agreement will be used?
In our sell to rent back scheme, we use the standard Assured Shorthold Tenancy (AST) agreement
that is commonly used by letting agents. Even though you can rent back for however long you need,
the tenancy agreement will be set to a maximum of one year at a time. At the end of each year a new
agreement will be signed to allow you to carry on living in the property.
Do you rent back to Housing Benefit tenants?
Yes we do. We have no problem renting back to you if you are claiming income support as long as
the Housing Benefit Department is happy with this arrangement.
Would the rent increase over time?
Yes it will. We typically fix the rent for the first few years of the tenancy. The rent will start
increasing, in line with the market rent inflation, afterwards.
What are the costs involved in me being a tenant?
Apart from the rent, you will also need to pay your bills (gas, electricity, etc.) and the council tax.
After a sell to rent back, we will be responsible for the Building Insurance and, in case of leasehold
properties, the service charge and ground rent. We will also be responsible for servicing the boiler
(if there is one) every year and take care of any heating system breakdowns.
What do you offer?
We offer a rent-back option where we will buy your property quickly and allow you to rent it straight
back for an agreed period of time. The rent we will charge you will depend on your affordability but is
generally based on the market value rental figure common for your area. A buy back option could be
arranged as well along with the rent back.
How long do I have before I decide whether or not I would like to accept your offer?
Our written offer is valid for 1 month.
Which areas do you buy properties in?
We currently cover Croydon, Thornton Heath, Bromley , South London, Sutton and ALL area within
the M25 (SOUTH).
What type and condition of properties would you consider?
Any.
• Maisonettes
• Flats
• Terraced houses
• Semi-detached houses
• Properties with tenants
• Property in need of refurbishment
Can I sell my property if I am in mortgage arrears or negative equity?
As long as there is some equity in the property, we can help.
How much does it cost to sell my property to rent back?
Nothing. We will pay for your solicitor fees up to £ 500.00. There will be no Estate Agent's fees or
surveyor's fees.
Do I need a solicitor for the sale?
Yes. If you don't know one, we can recommend a good solicitor to act on your behalf to complete the
sale and we will pay their fees.
If you wish to use your own solicitor, we will provide £500 towards the costs, paid on completion.
Will anybody know about the sale?
No. it’s confidential as we do not put a sold sign up.
How long does it take to sell the property?
Normally about 3 - 4 weeks, however if a completion is required earlier we can exchange within 7 -10
days.
How quickly will I get my money?
Once the transaction is completed, the solicitor will release the monies to yourself.
Once a sale completes, how quickly do I have to leave the property?
We will fit within your needs. We can allow you to stay in the property for an agreed period of time.
How does the sell to rent back price you offer me compare with an Estate Agent's
valuation?
The price we offer depends on many factors, including the type and location of the property, its
condition and also the rental potential. We normally require a discount off the open market value to
cover our costs. The level of discount we aim for will depend on your specific property, but generally
we will offer 80% to 85% of your property's open market value.
How long can I rent the property back for?
Typically you can stay as long as you require. We are in the business of renting properties back
long term and are keen to have committed long term tenants.
How much rent will I be paying if I rent back?
Usually we charge the average market rent in your area for properties like yours. However, we
consider each case individually and will charge rent accordingly.
Is there a deposit payable when renting back?
Yes. We normally ask for a one month deposit to be paid at the beginning of the tenancy. The
deposit will be repaid back to you on the day you decide to leave the property (assuming the
property was not damaged in any way).
When is the rent payable?
We require the rent to be paid monthly in advance.
What kind of a tenancy agreement will be used?
In our sell to rent back scheme, we use the standard Assured Shorthold Tenancy (AST) agreement
that is commonly used by letting agents. Even though you can rent back for however long you need,
the tenancy agreement will be set to a maximum of one year at a time. At the end of each year a new
agreement will be signed to allow you to carry on living in the property.
Do you rent back to Housing Benefit tenants?
Yes we do. We have no problem renting back to you if you are claiming income support as long as
the Housing Benefit Department is happy with this arrangement.
Would the rent increase over time?
Yes it will. We typically fix the rent for the first few years of the tenancy. The rent will start
increasing, in line with the market rent inflation, afterwards.
What are the costs involved in me being a tenant?
Apart from the rent, you will also need to pay your bills (gas, electricity, etc.) and the council tax.
After a sell to rent back, we will be responsible for the Building Insurance and, in case of leasehold
properties, the service charge and ground rent. We will also be responsible for servicing the boiler
(if there is one) every year and take care of any heating system breakdowns.
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