Posted by admin on September 30, 2009 under Sell and Rent Back | 
Anyone concerned about the legitimacy of sell to rent back schemes should take a moment to reflect on the activities of some conventional mortgage lenders. For example some people who have borrowed from reputable banks are now in a situation that they are unable to even consider the sell to rent back option.
Take the case of the Bank of Scotland and Barclays Bank, Read more of this article »
Posted by admin on August 30, 2009 under Sell and Rent Back |
The relatively new sell and rent back system is fast making its mark amongst homeowners who need to rid themselves of debt quickly. After all property is the largest investment most people will ever make, and so it is also a purchase that can go end in debt, particularly if you have a large mortgage you can’t maintain.
With sell and rent back, what people do is to sell their homes and then rent them back. This way they are able to pay off their growing mortgage debts and usually have enough money to pay off all their other debts and start again, not owing anybody anything. Provided they negotiate a deal with a Read more of this article »
