There is also something called the rent rebate that is involved with selling to rent then buying a property back. Basically its when some of the money from the rent that a tenant pays is given to the tenant, after their income has been assessed (annually) and they only pay the net amount. An extra add-on charge may be needed if there are others living with the tenant, who are not working and who are not studying. The tenant may have to sign AST (assured short-hold tenancy) , which means a lump sum is paid from the proceeds from the sale, and 12 months rent, so the tenant lives in it rent free for those 12 months.
When renting back and you are at the end of the rent back period, if the price your property is being sold back to you is of less value than what it is really worth, you may be able to negotiate with them, so their solicitors will arrange for your stamp duty, fees and part of your deposit to be paid for you.
With this solution, if you have the option to buy back your property once you are financially ok, then the price is agreed between you and the company you are selling and renting back from. Normally it...