Happy New Year from You Stay, the Rent Back Specialists
You Stay would like to wish all it’s Rent Back Clients and anyone considering Sale and Rent Back a very happy new year and all the best for 2009.
At You Stay we have a strong understanding of what is currently happening in the market, and can offer advice on any aspect of Sale and Rent Back.
Please visit www.you-stay.co.uk for detailed information and free guides.
Mr P contacted You Stay after the breakdown of his relationship. He was struggling to keep up with the mortgage payments on his own, and as he is self-employed didn’t know what would happen in the next few years. Mr P had also recently taken out a loan to buy a vehicle. The vehicle was critical for his business, but was putting quite a lot of extra financial pressure on him.
Mr P’s goal in Selling and Renting Back was to release the pressure of his mortgage and loan payments, reduce his monthly outgoings, and allow him to concentrate on building up a successful business.
As Mr P is a qualified and talented tradesman, he had started refurbishing his home to his taste. He only had a couple of rooms left to do, and it was very important for him to be able to carry on with this. You Stay visited Mr P’s property, and were of course happy for him to carry on redecorating as he pleased. Actually, You Stay was so impressed with his skills they employed his services at other Rent Back properties!
Mr P’s business is now booming, and he is enjoying a much less stressful life.
As the Credit Crunch sets in more and more people are looking to Sale and Rent Back as a solution to their financial problems. I speak to people everyday who are struggling with their mortgage payments and are worried what will happen when their fixed term ends. On top of this is the added pressure of increasing household bills, which all seem to be going up on a daily basis.
Sale and Rent Back gives these people an option which allows them to pay off their mortgage and decrease their monthly outgoings while staying in their property.