What are Life Rents?

What are LifeRents?

Essentially a liferent is the option to rent a property…for life. Rather than renting a property for a fixed term i.e. six months, with a liferent you have the right to occupy the property, for life. Ultimate ownership of the property belongs to another party, but the liferenter retains all other rights.

The key benefits to you are: 

Flexibility

Having cash reserves in your later years allows you the flexibility to distribute wealth accumulated over a lifetime exactly as you please. Or choose to enjoy the finer things in life – all the while retaining your family home.

Security

You retain your home with a liferent. The agreement is long-term – for life – giving you the security of a settled household rather than the uncertainty of short term rental agreements. There are no monthly rental payments either.

Financial Freedom

Property can generate value over time, but there are other investment methods that offer potentially higher and faster returns. Releasing cash tied up in property gives you the freedom and resources to investigate new, higher yield investment opportunities.

We can purchase your property from you for cash. We then provide you with a liferent – allowing you to continue to live in the property for as long as you wish. You maintain all the rights a homeowner would have apart from final ownership i.e. the right to sell.

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