BUY BACK GUARANTEE.
One of the things we’re aware of is that if and when you come to sell your property, depending on the market conditions at the time, negative equity is always a possibility.
Unfortunately, it’s a fact of life, and market conditions are not within our control. But what we can do is this. Places for People will give you a special 3 year Buy Back Guarantee.
This means that if you decide to sell within 3 years of taking out our mortgage, if the price of your home has gone down and you face negative equity, we’ll buy back your home for the price you paid for it.
How reassuring is that? In what is an unpredictable housing market just now, we hope our Buy Back Guarantee will give you some more valuable peace of mind.

