The FSA have been regulating the sale and rent back sector now for almost 6 months and two sell and rent back providers have been leading the way providing UK homeowners with sell and rent back your housesolutions that meets their needs and housing requirements. Sell and rent back programs allow you to sell your home and then to continue to live their as long term tenants under a minimum of a 5 year AST (tenancy agreement). Generally most rent back companies on the market will buy your property at approximately 70% of its true market value. This means if you wish to enter into this type of program then you can expect to provide a discount of upto 35% on the sale of your property in order to be able to rent it back.
January 15, 2012
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