The idea of having £2 Trillion worth of assets in bricks and mortar is staggering, but what if you could access the cash without having to move? You can with a rent and sale scheme.
It sounds too good to be true. You access the equity in your home, and still get to stay put. The innovative rent and sale scheme offers thousands of homeowners the opportunity to release much needed cash and stay put by renting their homes back at a fair monthly rate. It's hard not to feel gloomy about the UK property market in the context of the global credit crunch and predictions of a property slump. But if you're considering a rent and sale scheme its worth remembering that if you've owned your property for a number of years, you could have made a huge profit – up to 600% or more. Even if you have only recently bought a home, property prices have been steadily rising until very recently, and you could be sitting on thousands of pounds.
Rent and Sale scheme releases equity
In fact, the amount of equity Britons collectively have tied up in their homes is a staggering £2 trillion, according to GE Money Home Lending. The group said 26% of homeowners owned their property outright accounting for the lion's share of the equity - £1.377 trillion. A further 36% had a mortgage but still accumulated £582 billion in equity. It's no wonder so many people are considering accessing the cash with a rent and sale scheme. The benefits of a rent and sale scheme means you can get your hands on the cash fast if, for example, you have debts you urgently need to pay. Also the rent and sale scheme allows you to stay put, without the hassle of moving. The report suggested the average homeowner had £127,455 of mortgage-free wealth in their homes – for some, this is a buffer against house price dips, for others, it's a chance to cash in.
Free up money with a rent and sale scheme
The report suggests that the average mortgage borrower owns a third of their home – equating to around £582 billion of equity. For those who are cash strapped or simply want to release money to re-train, study, follow a dream or simply live a better quality of life, a rent and sale scheme could be just the ticket.
Rent and Sale with rentandsaleltd.co.uk
If you're caught in a financial house-trap, rentandsaleltd.co.uk can throw you a life-line. Rentandsaleltd.co.uk offers a sell and rent back scheme for those who like living where they are and want to maintain stability but are facing mortgage arrears, repossession, bankruptcy and debt or concerned financial meltdown is looming. The rent and sale scheme is an alternative to selling up and moving, allowing you to stay put and find financial solutions. Rentandsaleltd.co.uk will buy your home and allow you to continue living in it as a tenant. Find out more, call Rent and Sale Ltd. today on: 0800 1313 999