FAQs:

How long can I stay in my property?

With You Stay you can stay in your property as long as you want to. We are a Specialist Rent Back Company and never sell the properties we buy. We are happy to agree a tenancy of any length with you and always give you the right to renew at the end of each term. Many of our clients are renting back from us indefinitely.

Can I have this in writing?

Yes, You Stay provides everything in writing. Any agreement we make with you will be drawn up in a legally binding document and signed by both parties.

Will I have the option to buy back?

Yes. All You Stay clients have the option to buy back at any time in the future. We even offer the property back to you at less than it’s market value!

How much can I buy my property back for?

We give you the option to buy your property back from us at any time in the future for 90% of the market value.

How much will you pay me for my property?

You Stay does not offer based on predetermined percentages. We pay you the most we possibly can for your property that allows you to stay living in it, we can often pay up to 85% of the market value.

Will I have to pay any fees?

No. When you sell and rent back with You Stay there are absolutely no fees to pay. We even pay your solicitors fees, so there really are no out of pocket expenses to you.

Do I need a HIP?

No, you do not need a Home Information Pack when you sell and rent back with You Stay.

How long does the process take?

A typical sale takes 2-3 weeks, but we can complete in less than 5 days if needed.

How much will my rent be?

Your rent will be based on the market rent for your type of property in your area. We never charge more than market rent, and can often agree a lower than market rent with you if you need it. We are often able to let you choose your rent by giving you different rental and purchase price options when making you an offer.

Who pays for and looks after repairs?

You Stay takes care of and pays for all the structural components of the property and all major repairs including; the boiler and heating system, wiring and plumbing.

Do I need to keep my insurances?

You Stay is responsible for buildings insurance so you don’t have to worry about this, however we do recommend that you take out insurance for your contents.

Can we keep our pets?

Yes. You Stay understands most families will have a cat or dog (or both!), and we are very happy for you and your pets to stay in the property.

Can we redecorate as we like?

Yes. We want you to feel as though you are still living in your own home. We are happy for you to redecorate to your tastes as you wish.

Can I Rent Back on Housing Benefit?

Yes, in most circumstances this is possible, however rules vary from council to council for different situations. Please call us and we will be happy to go through your details and investigate this with you.