Make a quick sale - sell and rent back: a step-by-step guide

MPG Investments’ sell and rent back option allows you to release equity from your property but still stay in your home. It’s a simple way to raise finance without having to move.

Who uses the sell and rent back option?

Typically we find there are five main reasons why people choose to contact MPG to arrange to sell their property and then rent it back. If you’re reading this page the chances are:

• You want to be in a position where you can be a cash buyer for your next home without having to move
• You need funds quickly in order to pay off loans, invest in a new business or other reasons
• You’re in the unfortunate position of facing repossession, mounting debt or mortgage arrears and you need to get it cleared quickly
• You’re worried about property prices falling and want to realise the profits you have made on your house without having to move
• You’ve looked into other equity release schemes and found them unsuitable, over-complex or simply too expensive

How does sell and rant back property work?

• In the first instance, you give us a call and discuss your requirements with one of our representatives. Customer service is one of our main priorities – we deal with every call sensitively and discreetly. We’ll discuss the range of options available to you and talk you through how our sell and rent back service works.
• The second step is to arrange a free value assessment – we’ll arrange a visit to your property within 24 hours, then we’ll have a guaranteed written offer to you 48 hours after our visit. Other property buying companies can charge up to £1000 just to make an offer but at MPG Investments it’s absolutely free as part of our “No Fee” promise.
• We decide the rental value of the property based on similar types of property in your area – it’s important to note that you are under no obligation to accept our offer.
• Once you accept our offer you’ll sign a legal contract with us based on a standard tenancy agreement – we’ll make sure you understand all the terms and conditions before you sign and you can get your own solicitor to look over the deal before you commit to make sure everything is totally satisfactory for you.
• There are no hidden costs or extra charges with a sale and rent back with MPG – we retain a small part of your payment as a deposit (usually one month’s rent). This is similar to any landlord-tenant agreement.
• Once you’ve signed the contract with MPG you’ll have access to the cash generated by the sale of your property – with the added bonus that you stay in your home with all your furniture and possessions.
• You can pay your rent by direct debit, cheque or cash with the assurance that all transactions with MPG are totally confidential.

To find out more about MPG Investments' sell and rent back scheme call us today on 020-8732-3565 or let us Contact you

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