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What is a Lease Option?

In today’s market, residential property sales have slumped to an all time low, does this mean that nobody wants to buy your property or has your property become less desirable?

No, quite simply there are new problems facing new and existing homeowners today that were not around say 2 years ago when the housing market was buoyant, so therefore “New Problems” require “New Solutions”.

First time Buyers have never found it so difficult to get on the UK housing ladder, this is due to new criteria now being set by lenders that make it more difficult to obtain a mortgage, also existing homeowners are now expected to find even larger deposits to complete new house moves.

This has a fundamental knock on effect to you the seller, previously if you needed to move fast and could not sell through an estate agent then another would have been to approach a cash buyer who would move quickly however at a significantly reduced purchase price, these options are now drying up also due to changes in Buy to Let mortgage requirements.

A refreshing new way for you to move on is now available to you and is known as a “Lease Option”.

A lease option works for the Seller in the following way;
It gives you the flexibility to move on with your life as opposed waiting around on hold trying to sell your property the conventional way. It allows your buyer to move into the property without having to obtain a traditional mortgage and hefty deposit.

The Lease option is a legally drawn up document between the buyer and the seller that grants the buyer an option to buy the property at an agreed price and a specific timeframe, during the option period the buyer can choose to exercise the right to purchase inline with the option agreement.

Rent to Buy.co.uk will put in place a lease option to buy the property over the agreed term, during this term we will either rent the property out then realise our option to buy at the end of the agreement or we will sell the option on to a Tenant Buyer who will purchase the property in the same way.

Your contract and dealings will always be with rent to buy.co.uk

You benefit from the following:

• Your mortgage payments are now covered by somebody else
• You can move on with your life
• Get away from the traditional long winded ways of selling through agents
• Stop being exposed to chain breaks
• Sell your property fast
• Peace of mind knowing that the person renting the property will ultimately become the new owner

To Find the Solution to your Problems and Move on with your Life
Fill in the Fast Action Form Now or call us now on 0800 888888

Why should I choose one?

A Lease Option Solution will give you many benefits;

• Move on with your life NOW
• Mortgage payments covered immediately
• No Estate Agents = No Fees
• Chain Breaks a thing of the past
• Sell your Property Fast
• Legally Binding by Solicitors
• Market Value achieved in many cases
• We can STOP Repossession
• Tenant Buyers Waiting NOW

To Find the Solution to your Problems and Move on with your Life
Fill in the Fast Action Form Now or call us now on 0800 888888

How Long does it Take?

We get the ball rolling straight away, we will draw up the necessary paperwork and it will be despatched the same day, take your time to go over things and you let us know the timescale you wish to work to, we normally have you moving on with your life inside 4 weeks, what are you waiting for?

To Find the Solution to your Problems and Move on with your Life
Fill in the Fast Action Form Now or call us now on 0800 888888

The Legal Side

The Lease option is a legal document drawn up by Solicitors, in it; it will state that we will;

• Rent the property out and then buy the property from you over an agreed period of time
• Pass on the Lease Option to a Tenant Buyer, who will in turn, purchase the property at an agreed date

To Find the Solution to your Problems and Move on with your Life
Fill in the Fast Action Form Now or call us now on 0800 888888

How to Apply

To Find the Solution to your Problems and Move on with your Life
Fill in the Fast Action Form Now or call us now on 0800 888888