Sell and Rent Back: The best way to keep an even keel

Are you in the situation where you need to release home equity in order to settle mounting debt or mortgage arrears? MPG Investments offers Sell and Rent Back – just one more way in which we improve the lives of thousands of homeowners every day.

Sell and Rent Back constitutes a far safer and more effective financial solution than home reversion or other equity release schemes. Put an end to stress and frustration; contact the UK’s fast home sale specialists today!

The drawbacks of home reversion

Home reversion is an equity release strategy whereby homeowners sell their property – or a negotiated portion of it – to a mortgage lender. Even though it’s no longer technically their property, the homeowner can continue to live there for as long as they choose to. Lenders grant home reversion loans without charging tax, on the premise that their money – and the cumulative interest – will be retrieved once the property is sold.

Home reversion is becoming increasingly popular among elderly homeowners who need to release equity for covering everyday living expenses, despite the growing risk in doing so.

The first such risk concerns the unpredictability of the property market. Consider the following example: If you take out a home reversion loan against 30% of your home equity today, you will obviously need to pay the 30% back when you sell your home in ten years’ time. However, the chances are good that the 30% you’d have to pay back in ten years time will be much more than the amount you stand to receive today. Effectively, this means that you will be making a loss.

Now take a moment to consider all the money homeowners lose to exorbitant interest rate payments on home reversion loans; not to mention the hidden costs, silent deductions and origination costs that also come into play!

Look at it this way: Is it a good idea to settle your debt by getting deeper into debt? Would you get a second credit card to cover the debt on your existing one? This is essentially what you would be doing if you took out a home reversion loan in order to settle your current debt or mortgage arrears.

There are faster, safer and far more effective ways to deal with debt.

Why should I Sell and Rent Back my house?

Thanks to the innovation and expertise of MPG Investments, you can avoid risk, delay and the extra expense of loan origination costs and interest. Celebrated as the UK’s fast home sale specialists, MPG Investments is primed to buy your house in just 7 days! You can access your home equity fast, and hence, begin to address your debt almost immediately.

Even better, with MPG you can sell your home without having to relocate! Our popular Sell and Rent Back offer enables homeowners to sell their homes and then rent it back from us at very affordable rates. This affords homeowners all the time they need to regain financial control and prepare to re-enter the property market as cash buyers at a later stage.

Sell and Rent Back allows you to address your debt without making more debt. The best news of all is that your life suffers no disruption – you are free to live from day to day as if nothing has changed. Furthermore, MPG’s consultants are known for their discretion – nobody will know that you are selling and renting back your property!

As opposed to home reversion and other equity release schemes, selling and renting your property back is a once-off deal without interest, hidden costs or strings attached.

Contact us today to experience the convenience and peace of mind that comes with Sell and Rent Back – the ultimate property solution!