With the house cash release buy-back option, you could re-own your property.

If you have sold your property to the rent back company with the house cash release because of a short-term problem such as redundancy, an accident or long-term illness, you may find that some time later the problem has been resolved and you could apply for a mortgage. And you never know what is around the corner. After all, someone’s got to win the lottery, maybe a relative could leave you an inheritance or your business or investments may improve your financial situation.

If you sell your house to the rent back company but remain living there with an Assured Shorthold Tenancy and you are in a position to buy your property back, the rent back company guarantee that you can. All they ask is that you must apply for this rent back and buy back option in writing during the first 12 months of your tenancy.

If you decide to exercise the buy-back option, you can buy back your property at the original selling price. If still in doubt, take some time to talk to the rent back company now so you have a clear and precise idea about the buy-back option.