Selling your home and renting it back may work if you understand what you are getting yourself into. This means that you have to ensure you have read the terms and conditions of the agreement before signing a contract.

Sale and rent back agreements may work but there are both good and bad points and a regulated company will ensure you are made aware of these. Any company that is fair to the consumer will encourage the individual to take their time before choosing this as an option.

A sale and rent back agreement may be a solution for some individuals suffering financial difficulty. If you are having problems repaying your mortgage and fear repossession, selling and renting back  could be a solution but there may be other options that may be more suitable.

If you need a substantial amount of money in a short time or if you are going through a divorce, it may also help, providing there is enough equity in your home.

A regulated company may help you to sell and rent back but you have to take into account the pros and cons and weigh them up before going ahead. Bear in mind that there is no lifetime rental guarantee and you may get around 70% of the value of your home when selling this way.