Sell and rent back
Glasgow Glasgow - Tips for renting back sucessfully. Whether you live in Cathcart or
Crossmyloof, Kings Park or Queens Park, Hyndland or Hillhead, Maryhill
or Mount Florida, there will be a Scottish sell and rent back scheme out
there for you. Likewise there will be a rent back provider in Scotland whose terms
are geared to your needs.
If you're keen sell
and rent back in Glasgow subject to finding out what's on offer, one of the
conundrums facing you is where to get background information on how
these rent back schemes work. Although all schemes will have something in common,
they'll be marked differences too. It's these differences you have to
look out for. The terms you might be offered can vary quite a bit from
firm to firm.
The media perception
of sell and rent back schemes is that homeowners who rent back tend to
be "cash strapped". While some may people opt to sell and rent back
in Glasgow solely for financial reasons, the reality is more complex.
Digging a bit deeper you find there are a wide variety of reasons why
people consider this route. What they do have in common is that
they feel their needs are not met by selling their house the usual way.
Hence they consider going down the sell and rent back in Glasgow route.
Which brings us
neatly to our first tip. You may already have mentioned to family members
that you may sell your house in Glasgow and rent back. But have you
taken any informed advice about what all your options are or whether it
may indeed suit your circumstances? Speaking to your solicitor and/or a suitably qualified financial adviser can be helpful in this regard.
If you're reluctant
to start incurring costs one of the no cost organisations such as
Citizens Advice or Shelter, can also be extremely useful and in some
instances you'll find legal services available. Check
the services offered by one of the eight
Citizens Advice Bureau across Greater Glasgow. Or call
Next, scour the
internet for background information on your options to sell and rent
back in Glasgow. Dip in and out of sell and rent
back providers' web sites and general information available on the web.
This will give you some
sense of what's on offer, how companies present themselves and some of
pitfalls to watch out for. As you find out more..you'll probably find
your list of questions getting longer!
Our next tip for
picking the right sell and rent back in Glasgow scheme is for you is to think through what your trying
to get out of the arrangement - what are your aims? This should include
how long you'd like to stay in your home and the price and rent
combinations which would suit you. The price rent combinations you come
up with initially may or may not be realistic - you'll soon find out...
The one thing which
is useful to bear in mind for selling and renting back in Glasgow is the
that the more you ask for your house - the more rent you'll end up
paying (roughly speaking). So don't shoot yourself in the foot at the
start. Know what your aiming for, but don't forget you might need to be
The next tip is
common sense really. When you do
start approaching companies about selling and renting back in Glasgow bear
in mind that if you're looking for a long term arrangement you'll be stuck
with your new landlord for years. On one level you'll want to like and
trust them but regardless of that get absolutely everything down
in writing and don't hesitate to ask questions again and again until
your completely satisfied. If in doubt, speak to your solicitor or
Citizens Advice. Alternatively if flexibility is important, make sure
you're not getting tied into any agreement should you decide to move on.
We hope our tips help
you find the right scheme to sell and rent back in Glasgow. You can
find out more about how our sell and rent back arrangements
browsing through our
0800 043 0669, or submitting a