We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Help and Advice Please

2»

Comments

  • jet21
    jet21 Posts: 22 Forumite
    Anyone considered having one of these property buyer companies buy your house to rent it back? Have had an offer of this but not sure what to make of it.
    What would happen with our secured loan if we did this? Could this still be included in bankruptcy? Or woul;d it be frowned upon? It would save the repossesion!
    Its just that one of the Estate Agents keeps going on about how he has a friend who's a property investor and it would be better to sell than be repossesed. Is he just trying to rip us off? Thought it was his job to rent out houses!!
  • jet21
    jet21 Posts: 22 Forumite
    Anyone? Should I just forget about this estate agent as he seems more interested in trying to get my house than renting me one.:mad:
  • tigerfeet2006
    tigerfeet2006 Posts: 14,030 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Sorry Jet we don't have much experiance on the buy and rent back schemes on this board. I don't think they have a good reputation though. Why don't you ask on the house board :confused:

    http://forums.moneysavingexpert.com/forumdisplay.html?daysprune=&f=16
    BSCno.87
    The only stupid question is an unasked one
    Loving life as a Kernow Hippy
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245K Work, Benefits & Business
  • 600.6K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.