Owner/Landlord
Rent To Buy or Lease Option is new to the UK but has been the norm in USA for many years.
If you own a property and you are currently struggling to sell, or you are currently renting out your property but are fed up with the problems this can bring, then Rent To Buy could be the answer for you.
If you have no mortgage or a low mortgage you can also receive an income each month while you are waiting to sell.
If you do not need the equity in your property right now Rent To Buy is the perfect way to get on with your life.
With Rent To Buy your mortgage is paid each month direct to your mortgage company.
We take over all the responsibility for the property including all repairs. We find a tenant/buyer who will rent the property with a view to buying it at an agreed date.
Example:
Your property is worth £120,000
You agree to sell for £100,000
Rental income for property is £500 per calendar month
Your mortgage is £100 per month.
We will pay your mortgage and an income of £150 per month.
If the Rent to Buy option is 3 years this will give you an income of £5400.
After 3 years the Tenant/Buyer will buy your property and you receive
£100,000.
Please ring us for more details
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