| Why Sale And Rent Back?
Having to face the possibility of your home being repossessed is extremely
stressful. Apart from the financial worries, losing your home can be traumatic,
often resulting in a move away from friends and family and having to take your
children out of their school. Many people jump to the conclusion that their only
option is to give in to the lenders demands and relinquish their home back to
the lender, move out and buy something cheaper or find something to rent.
But Its Not Always That Easy …
Once you have been repossessed you may find it hard to get another mortgage.
Your credit rating can take a beating and you may be considered ' high risk '
and new lenders may add a premium to the interest rate you have to pay. Rental
agents may carry out credit checks on you and if you have defaulted on any
mortgage payments they may refuse to take you on as potential tenants on their
books. The Sale and Rent Back Option
With Whitegate Property Finance there is an option. It is an option that allows
you to clear your debts, remain in your home and wave goodbye to the threat of
repossession. Whitegate Property Finance will buy your home and if you accept
our offer you can rent the property back as a tenant once the sale has gone
through. You agree the rent in advance so you know exactly what you will be
paying. We also deal with your mortgage lender and take care of all the
legalities and conveyancing free of charge !!
All you have to do is sign the relevant paper work and relax as the threat of
being repossessed melts away. We promise all negotiations and dealings will be
done in the strictest of confidence.
For a free valuation and consultation call Kevin: 07870 857 817
Or simply fill in the online enquiry
form
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