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Lease Purchase Option explained

Lease Purchase Option, is an agreement between the homeowner and an investor, that the investor will take over the mortgage repayments and the property maintenance, and will have an option to buy the property for an agreed amount at a later date, usually 3-5 years.

This option is perfect for those in financial difficulties or when a homeowner wants to move into a property they have seen, but are unable to sell property and would not be able to afford the mortgage on both properties.

For more information please email us at

admin@redroseproperties.co.uk