Mortgage repossession brings an enormous amount of worry and stress to the homeowner. Not only are they faced with losing the family home but there is also a great deal of stigma attached with being repossessed. Of course there is also the fact that new accommodation has to be found and rented. Mortgage repossession can perhaps be avoided by selling your home but then you are still faced with having to find rented accommodation. However if you sell with a regulated company that offers a sale and rent back agreement then you could sell, remain in the property as the tenant for a period of time.

If you want advice on repossession then get in touch with a regulated company offering a sale and rent back agreement.  If both sides are happy with the verbal proposal for your property then a valuation would be made and the company would provide you with advice on how to stop any proceedings that could already be in place. You could sell for cash, pay off the mortgage and pay monthly rent. However bear in mind that there is no guarantee that you are able to live in the property for life.