Stuck in a property chain? Move to new home NOW - see HOW
If you’re trying to sell your home but lower offers or a property chain are stopping you from buying your next home… then here’s an amazing strategy that could help you.
Thomas was trying to sell their home. It was in an immaculate condition. Yet they kept getting low offers. Or their potential buyer was stuck in a property chain. This was stopping them from buying their next home in Doncaster and to make matters worse, they’d already had their offer accepted. It was a frustrating time for them. They spent many a sleepless night worrying about their home sale. Plus, there was the additional worry and stress that their potential seller might change their mind and sell to another buyer. And the couple didn’t want to miss out. The thing is like other property sellers they didn’t want to sell their home too cheaply. They’d put a lot of money, work and time into getting their home right. And their asking price was realistic.
Growing frustrated, they approached Us Bespoke Property Wealth consultancy. They’d heard about our Rent to Own strategy. And wondered if it could be the answer to their problem. After chatting with the couple, we knew we could help them. We discovered they had £80,000 of equity in their existing home. And they only needed £10,000 to move. So here’s what we recommended. Their existing property had been valued at £190,000. However, we offered for it £200,000. Which was £10,000.00 over the market valuation. The property was advertised for a tenant buyer only. This tenant buyer would put down a £10,000 deposit. This £10,000 would allow Thomas to buy their Doncaster property. The tenant buyer agreed to pay a £500/month rental. And agreed to buy the property at the end of three years. What all this meant toThomas was that; they got an extra £10,000 in their sales price. They also got £18000 in gross rental income (minus costs of mortgage interest) over a 3 years period. That totals £28,000.
What’s more, there were further savings:
- No agent fees (£3,000).
- No letting agent fees (£1800).
- No maintenance costs (£1,000).
- No home insurance payment (£500).
Total savings of
This means our Rent to Own strategy made and saved the couple an astonishing £34,300.
“I'm absolutely over the moon with what Adam has done for us. Not only did he get a higher sales price for us, but his clever strategy allowed us to buy our next home. And we got a rental income as well for three years.”
What does this mean for you? If you’re stuck trying to sell your own home… fed up with getting low offers… have set your heart on your next home but can’t proceed because of a chain… then get in contact with us today. Our proven Rent to Own strategy could be the answer to your dreams.
It costs nothing to find out more. There’s no obligation. You’re NOT going to be sold to. Just a friendly chat to see if we can help you.