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We've put together a list of your frequent questions. If you can't find the answer
to your particular questions then please submit it using the form here.
What happens to my Up Front Money if I don't buy this home?
It's non-refundable. The house will be off the market during your rental period,
so naturally there is a fee for that. If you are not sure that you want to buy this home,
you should not go ahead. If however the property jumps up in value by 20% and you buy this profit is all yours as you have already agreed a price.
We want you to rent then buy this home.
What if I can't get a mortgage?
Then there will be two options. We may agree to extend your rental period a new deal, or we both may agree to part at this point.
The price and the terms are only fixed during the period that you have this
agreement in place. You should talk to a Mortgage broker as soon as possible
(we have access to a range of brokers who will work with you if you like).
What happens if the value of the home has fallen by the time I want to
purchase?
This is one of the advantages of working with us unlike a bank. We want you to buy this house and move on with your life so we will work towards a solution to this, possibly even taking a stake in your property allowing you to buy it. However every case is different so we would work with you on a case by case basis. But just remember prices tend to go up more often than they go down!
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