Rent to Buy

A number of our clients have said to me that they really want to buy a retirement property in Spain but are having problems selling their homes in the UK so they are unable to move.
Following on from my last post, a slow market is a great time to buy as some good deals are available - but what do you do if you can't sell your property in the UK?
I have said to clients that are looking to move to Spain, why not rent out your UK property and use the rental income to pay for a mortgage in Spain. The rental demand is always good in a slow market and when prices start to rise again it will be easier to sell and probably you will get a higher price for home in the UK. You can get a good deal on a property in Spain and Spanish mortgages are available for 3% interest or less.
Rent to Buy is a great option in a slow market, it can help you move when you think you are stuck and can even make you some extra cash.