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Sell house and rent back?

Hi guys! Didn't know where else to ask this. Have had info about company that buys your house then you can rent it back. Thinking this might be a way of not being homeless. Can I have your thoughts. Will have trouble renting another place as I have two dogs and not many landlords like them. And no I won't get rid of them!

Comments

  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    If you search the Housing board, there are several threads about this on there. I think the general consensus is to avoid such schemes x
    Gone ... or have I?
  • be carefull when you sell ure house to these companys they charge yoy a much higher rate for rent!
    My dad did this and was going to have to pay an extra 30 pounds per week¬
    Alot of ppl will tell you not to do this as you will lookse alot of cash why not sell your home properly and gives you time to search for a home you can rent at a reasonable rate with your 2 dogs!
    We Make A Living By What We Get. We Make A LIFE By What We GIVE:money:


    show me a man with both feet on the ground and i'll show you a man who cant get his pants off.
  • dmg24
    dmg24 Posts: 33,920 Forumite
    10,000 Posts
    Also, I'm not 100% but I don't think that you can claim HB in this situation?
    Gone ... or have I?
  • Browntoa
    Browntoa Posts: 49,612 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    there have been numerous occasions recently where the company buying the house have gone bust and the people have also ended up homeless
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