Avoid The Scams.Unfortunately
not all sale and rent back companies are the same. There are
some un-ethical people who will be looking for short term
gain rather than a long term investment. One particular
tactic is to offer you a very low rental figure. This is
combined with a low offer for your property - often as
little as 60% to 70% of its value. The low rental figure is
there to entice you into selling your property cheaply. The
problem with this is that you will probably only get a six
months tenancy agreement, after which the new owner will
issue you with a notice to quit. You will then have to leave
your home and find somewhere else to live. The property is
then sold and the seller will make a tidy profit at your
expense. They will have offered you a very low rental figure
which would not cover their costs, no business can survive
like that, the only way they can make a profit is to sell
the house.
Our service offers you better security.
We have a different approach. The
majority of people who come to us want to stay in their home
because it is where they have lived for a number of years.
They generally want security for themselves and their
family. They do not want to be kicked out of their home
after six months.
Our system works on a more long term
basis, If you want to stay in your home, our scheme could be
a better option for you. We base our purchase calculations
on a much better deal for you of around 85% of the property
value. When you calculate the costs of selling through an
agent, and include commissions and a price reduction from
negotiation, together with solicitors fees you will find
that in many cases the money you will receive will be very
similar to our offer. We pay your solicitors fees, survey
fees, land registry fees, search fees and stamp duty if
applicable. You will receive a much larger cash lump sum
than if you sold your property to a company who only offers
you 70%.
Our rental rates are usually based
on 8% of the sales price. This means that our rent may
appear a little bit higher than some of the other offers
that you will receive, but we will be able to offer you much
more security. Naturally if you want to move, that's fine
too, you have total freedom to leave the property at any
time with a short notice period.
If you would like to know more about
our services and how we can help you make the right choice,
contact us today for an informal chat, or if you prefer just
drop us an email.
Call now on 01803 402287
or enter details here
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