Can home reversion make you lose your house?

When it comes to releasing equity from your property a common concern is the fear of passing control of your home to another body. Without ownership will you be left at their mercy should they wish to sell on the property, re-develop the site or simply release their capital?

TV advertising also targets the fears of the older generation with statements like ‘leaving behind large funeral expenses for your family’, all designed to panic you into releasing control over your home. Some home reversion schemes can make you feel like you’re handing over the keys and having the door slammed behind you.

At MPG investment we understand there are wide variety of reasons why you might wish to release equity from your home such as:

1. Emigration or relocation
2. Divorce or separation
3. Pension funding/planning
4. Securing the sale of your next home
5. Investing in a business opportunity
6. Clearing debt or avoiding repossession

In every case you will still need somewhere to live. Being forced to leave your home once the equity has been released can therefore be a real issue.

At MPG investments we have created a simple solution to all this. We call it Sell and Rent Back. It really is as simple as it sounds.

Here’s how it works:

1. Simply contact us and within 24 hours we can arrange a visit to make a value assessment of your property. Unlike many other property buying companies who may charge you up to £1000 just to make an offer, our value assessments are free anywhere in the UK – all we ask is that you are serious about selling to MPG. Once we have visited your property we’ll make a guaranteed cash offer usually within 48 hours.
2. If you are happy with the offer we will then arrange to transfer funds to you within 7 days (sooner in some cases)
3. We then assess the rental value of your home based on other properties in the area and make a suitable offer to you (which you are under no obligation to accept).
4. A standard tenancy agreement is drawn up with MPG as your landlord.
5. Rent will be collected by your method of choice e.g direct debit and remains strictly confidential.

So with a sale and rent back scenario the MPG home reversion scheme becomes totally transparent. You will know exactly what you receive in terms of equity and, in addition, the added knowledge that you will not have to leave your home.

Still worried about hidden fees?

At MPG there are no fees waiting in the small print to catch you out, including estate agent and legal fees. All we require as part of the “Sell and Rent Back” option will be one month’s rent as a deposit, which we will retain as part of your payment.

MPG’s flexible plans like “Sell and Rent Back” are designed with you in mind. We are here every step of the way if you have any questions or concerns. Our primary aim is to find a solution that works well for both parties.

So rest assured when you want to release equity from your property, MPG is on hand to make life as easy as possible.

To see how MPG Investments can help you contact us today on
020 8732 3555 for more information.