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Lease Options

LEASE TO US UNTIL WE PURCHASE

Lease Purchase

Lease Purchase allows sellers to walk away pressure free from the property knowing it is sold at an agreed price before a certain date, and also hassle free to know every aspects of the property will be well looked after before settle, including monthly mortgage payment, insurance, council tax, all responsibilities for maintenance and repairs. Lease Purchase is especially ideal for sellers who need some finance to be generated from the property to meet their outgoings but who are not interested in becoming landlords and having tenant hassles.

In another word, we look after the property as if we own it already, and this leaves sellers zero problems to take away with, knowing the property is sold at an agreed price, and will be sold before a certain date.

Sellers who suit Lease Purchase:

▪ Under mortgage repayment pressure

▪ Facing repossession

▪ Needs to move on immediately without further mortgage commitments

▪ Has little or no equity in the property

▪ Does not need a large lump sum of cash immediately, but wanting to continue generate    some finance from the property

▪ Wants to secure today’s market price regardless the state of housing market in the future

▪ Cannot afford to sell through an agent

▪ Tired landlord

Lease Purchase in real estate has been used in the USA and Australia for over 30 years. In the UK, it is becoming a very effective purchase method to help sellers move on within days or weeks.

In the current market, a property can take months or even years to get a realistic offer. For a lot of vendors it is impossible to let the property be on the market for such a long period of time. Without knowing when the property will be sold, and often results in continuously reducing the price due to financial pressure. It is also common to see property with no equity, which leaves vendors no room to reduce in price. This is when Lease Purchase comes in place to solve all these problems.

Lease Purchase is surely an innovative method of selling which provides a win win situation. It is fast, easy, and efficient! For more information on Lease Purchase with your property, talk to us now!