Location... All locationsCanterbury/SandwichThanetBroadstairs

Property Types... All property typesSemi detachedDetached houseFlat / ApartmentStudio No. of Bedrooms... All bedrooms 0123457

Min Price 0£50,000£100,000£150,000£200,000£250,000£300,000£350,000£400,000£450,000 Max Price £50,000£100,000£150,000£200,000£250,000£300,000£350,000£400,000£450,000£500,000£750,000£1,000,000£1,000,000+

Location... All locationsCanterbury/SandwichThanetBroadstairs

Property Types... All property typesSemi detachedDetached houseFlat / ApartmentStudio No. of Bedrooms... All bedrooms 0123457

Min Price 0£200£300£400£500£750£1,000£1,250£1,500£2,000£3,000 Max Price £200£300£400£500£750£1,000£1,250£1,500£2,000£3,000£5,000£5,000+

News

RENT and BUY OPTION
Figures from the HM Land Registry for Kent show an overall house price increase year-on-year of 19 per cent (latest available figures April-June).

Despite reports suggesting the rate of house price inflation is slowing, in the long term house prices will continue to rise.

However some groups of homeowners would dearly love to sell their property and buy a new one, but are held back by circumstances.

Help could be at hand from a ' rent and buy' mortgage, which will enable the purchase of a new property while retaining the original one - which is then rented out to provide funds to meet the mortgage repayments.

Rent and Buy mortgages were invented in the early nineties to help people with negative equity issues. This scheme is now being used in the South East as property owners are reluctant to sell and move to an area of lower capital growth on property.

This scheme is not only suitable for those people forced to relocate to a different area but could also be viable for homeowners who often have an overwhelming need to secure another property. Similarly, the splitting up, or scaling down of a household may benefit from a rent and buy arrangement.

If you have any queries regarding these schemes or any other area of financial advice please contact your local office where you will find an Independent Financial Adviser who will be more than happy to help.