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Selling to rent back
pammii
Posts: 62 Forumite
Hi,
Does anyone have any info about selling a property to rent it back, need some advice on this and who is the most reliable.
Thanks.
Does anyone have any info about selling a property to rent it back, need some advice on this and who is the most reliable.
Thanks.
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Comments
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property rescue are doing it still they are registered with FSA never used myself though. so not an endrsment0
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Hi,
Does anyone have any info about selling a property to rent it back, need some advice on this and who is the most reliable.
Thanks.
The short answer to this is "NONE". Under no circumstances do this, downsize if necessary, or sell and rent from a reliable Landlord, but DO NOT CONTEMPLATE SELL AND RENT BACK. We are still trying to obtain a "Deferred Payment" from a blood sucking low life property developer, better known as a property shark, who owes money to at least 40 plus pensioners like myself.
We considered this to be the right thing at the time, releasing equity in the property and with a further lump sum to follow five years later to supplement our pensions. All we have now is heartache and stress caused by a person I consider to be the scum of the earth. I would like to name and shame him, but he previously made the moderators remove the whole thread. Since I want others to be warned about Sell and Rent Back, I will not name and shame.
Please! Please! Please! do not even consider doing this.0 -
Oh dear, doesn't look too good,
glad I asked, thanks guys. :beer: 0
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