My financial situation is likely to improve when I’ve got promotion at work and I might be able to afford to pay a mortgage again then. What are my options?
Positive Equity will offer you the chance to enter a ‘buy back’ agreement. This gives you the option to purchase your property from us at date in the future and at a price that is fixed at the time of your sale. When that date arrives, you are free to decide not to proceed if you don’t want to and you can remain in your home as a tenant without incurring any penalties. If you decide to go ahead Positive Equity will allow you to buy back your home at the amount agreed, even if the market has risen.
