AvenueSquare.com

Selling and renting back a real property is not only for people who find themselves in financial difficulty. It is often used as a way of releasing equity from your real home, insuring an expedient purchase after a divorce or consolidating debt. It can be open to abuse due to its current lack of regulation, but the reality is that it is in the best interest of the sell and rent back company to uphold its agreements. The sector is growing quickly and will soon come under the jurisdiction of the OFT. Until then, if selling and renting back is an attractive option, ensure that the company you are dealing with is reputable, do your research and be sure you fully understand the intricacies of the business.