
Frequently Asked Questions
Rent Back Direct knows how important the decision of selling your home is. Here are answers to some of the usual sell and rent back questions asked by our clients to help them decide.
How long does it take to sell my home?
Rent Back Direct purchases commercial and residential properties as fast as we can. If you require funds immediately to stop repossession or eviction, we can even make a special arrangement to provide you with it quickly. Our purchases usually take about 3-6 weeks weeks.
Our associates will work together with you to ensure efficiency and speed of transaction without compromising the quality of our service. We have extensive experience managing all sorts of financial difficulties and we can deliver fast yet effective solutions.
My home is old and needs some minor repairs done. Will I still get a good offer for it?
As a rule, we purchase all kinds of commercial and residential properties in whatever condition. Rent Back Direct bases its offers on the current market price as well as the type and location of the property. Compared to selling on the open market, you are assured of a quick sale and enjoy the proceeds of the sale in its entirety. You need not pay any estate agent’s fees or commission, which can be quite considerable. You will also be able to stay on in the property as a tenant for as long as you wish.
I am facing repossession. Will you still be interested?
Yes. Rent Back Direct provides assistance to homeowners, who have equity tied on their property but are at risk of losing their homes. With a Sell and Rent Back arrangement with us, you can pay your mortgage debt, be financially free and enjoy the convenience of not having to move out of your home.
In addition to this, Rent Back Direct also provides custom-made solutions to for debt elimination, equity release and other financial difficulties.
What are the upfront costs?
With Rent Back Direct, you will not need to worry about paying for additional fees or hidden costs. Our offer includes the cost for valuation and appraisal. We also pay for the services of your solicitor for the selling of your home (up to £500). There are absolutely NO hidden costs.
How much time do I have before I move out?
The decision when to move out is entirely yours. You can arrange for a short or long rental terms depending on your present and future needs. As an added bonus, Rent Back Direct provides you with the option of buying back your home at a pre-agreed price. You will be in total control of your living situation and we will always be around to provide help and expert advice.
Will I need an agent?
All of Rent Back Direct’s transactions are handled directly by one of our professional associates. You can rely on the highest level of efficiency, top quality customer services and straightforward transactions all throughout the sales process. You will not need an estate agent and you will not have any agents fees to pay.
Can I regain ownership of my home?
Rent Back Direct includes in all its Sell and Rent Back arrangements the right to buy back your property. If you want, we can come up with a pre-determined period in time as well as a very reasonable pre-agreed price, so that you can prepare for such a decision.
How much do you offer for a property?
Rent Back Direct offers competitive and reasonable rates for commercial or residential properties, wherever they are and in whatever condition. Of course, we will consider factors such as current market prices, location and type of property. You will never feel taken advantage of because we offer the best deals we can. Our offers are usually between 75%-90% of the open market value.
What are your rental rates?
When you decide to go with a Sell and Rent Back plan, you will be surprised at our very reasonable rates. Rent Back Direct bases its rental rates on prevailing market prices and we can even offer fixed-rent periods and rent-free periods, depending on the terms and conditions we agree on.
Will I be under any obligation to rent back or buy back the property?
No. Rent Back Direct only includes these options to further assist you in managing your situation. Again, you are in complete control of your situation and there is no obligation on your part. You decide how long you wish to rent back for and you decide if you want to buy back your property.
How can I contact you?
To contact us, you can simply use the contact form, email us or call us on our freephone number. For more details on our services, kindly browse our site to find all the relevant information you might need.
Homeowners with variable rate mortgages could be set for hard times ahead as interest rates set by the Bank of more ...
I was in trouble with my mortgage and in danger of losing the house. I called the phone number on more ...