sell and rent back

[wonder years]

i would wellcome advice on this, i have lived in my house for 15 years and it was lovely all the propertys were owned buy families, now for diffrent reasons i.e. needing bigger property, seperation, retirement, the 4o houses in the street, 26 are owned by landlords and let out the prices are around, 80,000 i am not in a financally position to move to a bigger house , i will pay of my morgatge in 12 years, at the moment the people in the rented houses are not all bad there are a couple of bad ones, my worry is that this will devalue my property and if i wait and wait the landlords will be the only ones that will by my property for a cheap price, maybe i should think about selling for 90% market value and rent it back again , and if the street gets to bad i can move on i feel iam in a catch 22 situation. xx wonder years

[Ethel]

Selling to " buy to rent back" investors is a last resort. You will not get 90% of the true value of your house, and the rent will probably be more than your mortgage. They do not guarantee life time tenancy either.

Far better to sell your house on the open market through an estate agent and buy a similarly priced house elsewhere.