What is a Shared or Part ownership Sell and Rent Back Scheme?
One of the most advanced Sell and Rent Back schemes is known as a shared or part ownership scheme. With such schemes you sell some of your home to an investor whilst retaining a share yourself. This gives you the benefits of security of tenancy whilst keeping a financial interest in your home, if property prices go up your share goes up too. 3. What are the main Advantages of a Sell & Rent Back Schemes? Sell and Rent Back can be a way of either raising capital or avoiding repossession and staying in your home. You may need to unlock your capital from your home to clear any debts you may have or to fund a better retirement. Sell and Rent Back schemes can also be a way of funding your retirement without having to sell your home. 4. What are the main Disadvantages of Sell and Rent Back schemes? First and foremost is the fact that most Investors who offer sell and Rent Back will usually only offer you up to 80% of the value of your property. This is because most Investors take the prudent
