Rent to Buy option agreements are a particular good solution for people who are having any kind of financial problems, the real beauty of a Rent to Buy agreement is the massive flexibility there is in negotiating an agreeing the terms.
It is possible for the Tenant Buyer to pay you an amount of money that may help you pay off debts that you might have incurred. Securing a lump sum of cash by setting up a Rent to Buy option agreement could be one of the fastest ways that you’ll be able to raise money against your property. Once you have found the Tenant Buyer and you are formally negotiating the terms you can use this activity to placate your creditors and get them to back off for a period long enough for you to conclude the Rent to Buy arrangement.
If your property requires some work and this is stopping you from selling it in the normal way, you can negotiate with the incoming Tenant Buyer to take care of any and all works that are required.
The Tenant Buyer will be prepared to do this because you’ll be granting them an option to purchase the property at an agreed price and on and agreed date in the future. This means that when the Tenant Buyer is paying you rent during the option term they know that they are investing in their future so it is in their interest to maintain and upgrade the property.
An additional benefit is that to establish a Rent to Buy option agreement is much quicker and very much cheaper than trying to sell on the open market. Rent to Buy is also a much better option than an ordinary rental arrangement because the normal tenant is just a visitor that may stay in your property for six to twelve months but they will never look after the property as though it is their own which means that you’ll have an ongoing management job to do and you’ll be responsible for all of the maintenance.
Another option for you which makes life even simpler for you is that we at WeRentToBuy.co.uk can take over your property and handle all of the arrangements to create a Rent to Buy option agreement. We will also deal with all the paperwork, negotiations and find a Tenant Buyer.
Whatever your situation we at WeRentToBuy.co.uk feel confident we can help you by taking over your property and creating a situation that satisfies all of your immediate requirements.