Equity Release

Equity Release 

An increasing number of people are finding themselves in a situation where they require some or all of the equity in their home. This could be for a variety of reasons such as bankruptcy or investing the money into a business, but there are a number of people they just can’t seem to find a solution. At Quick Purchase feel we can help and have the right solution for you.

There are various ways to release equity from your home such as a re-mortgage or you could take out a secured loan against the property, but don't forget you will have higher repayments. You will need to make sure that you can afford this, before committing to either of these, as you don’t want to go down the root of being repossessed because you made the wrong decision.

There is another option which will enables you to release equity in your home and that is, sell and rent back. This is the service most of our clients have used. Essentially, this is allowing you to release equity in your home, to use as you wish, and Quick Purchase would purchase your property and then rent back your home to you.

One important thing to point out is that if you want to purchase the property back once you are in a financial position to do so, Quick Purchase will not refuse, and we would simply sell the property back to you and also offer you a 5% deposit.

Alternatively, if you just want to sell your house quickly, which is another Quick Purchase options, we can give you an answer within 24 hours. There are no questions asked as to why you are moving, you simply get the equity from your home and a quick sale.

Equity release with sell and rent back

If you would like to find out further information regarding the sell and rent back option please contact our sell and rent back division at contact@rentmyhouseback.com, by phone on 01245 225 642 or 0800 5999 123 or please visit the website to find out further information www.rentmyhouseback.com.

If you enter into a sale and rent back agreement you are unlikely to get the market value of your home and, as a tenant, may only be able to remain there for a limited period.  There may be other options available.  Please ask for a key terms statement.

Rent My House Back is a trading style of Quick Purchase Limited which is Authorised and Regulated by the Financial Services Authority. Our firm reference number is FRN522468.

As stated above, we are authorised and regulated by the Financial Services Authority in relation to our sale and rent back activities. Please be aware that any other services offered by Quick Purchase Limited are not regulated by the Financial Services Authority.