Home Beat the debt Rent Back form Contact Us Why Rent Back?
SEARCH:
Fast  decision
 
Have cash in hand to spend as you wish, on whatever you desire.
 
 
 
Most properties are suitable for our rent-back scheme
 
 
 
Treat yourself and your family to a well earned holiday
 
 

 
How much will I get?
The amount of cash you release from your home depends on several factors; The price you paid for the house when you first purchased it, how much you owe in mortgage secured on the property and how much it has gone up in value.

An estate agent will value of the property with a view to the price being reduced by negotiation. The offers received for a property are generally in the region of 8 to 10% below the asking price unless the area is in particularly high demand. Offers can be significantly below this if the market is quiet or there are issues with the property or area. You may wish to see how the market is performing in your area, a good guide is the prices achieved for similar properties. There are several websites which will give you this information, try houseprices.co.uk with your postcode.

 
We calculate a margin which is based the total costs in purchasing the property and factors in expenses such as solicitors legal fees , searches, land registry fees etc . All these fees are paid by us for both ours and your side of the deal so there is no cost to you.

The average estate agent sale can take six months from start to finish, if you were selling through an agent you would have to pay them between 1.5% to 2.5% + vat of the sale price, you would also be paying mortgage payments for that period which can add to your headache. We aim to complete quickly on your property so you can be in a cash position as soon as possible.

The cost of moving is around 15% when all factors are taken into consideration, we aim to be similar to this figure, giving you a comparable return without the hassle of moving.

To calculate your cash available, take the property value then subtract 15% and your mortgage and any other loans you have secured on the property. This will give you a good guide to the equity available to you. When the sale is complete you will have these funds sent by telegraphic transfer into your bank account. They will be cleared immediately and available for you to use as you wish.  enter details here for an Illustration.

Enjoy a holiday in Spain
Visit Jetplane holidays
Home        Renovations wanted       Rent Back Benefits      Contact Us         Home