When it comes to repossessions there are some parts of the country that have higher repossession statistics than others and Blyth valley in Northumberland has been listed as being one of the repossession hotspots. Hot spots are defined by the number of repossession orders and high levels of unemployment. However, anyone, in any part of the country may be at risk of repossession especially with unemployment rates continuing to rise.

If you live in Blyth or any part of the UK, you may wish to consider the option of being able to sell home and rent back. There are companies who offer to buy your home from you and pay cash, which allows you to clear your arrears and pay off the existing mortgage. Having done this you then remain in the property by paying rent each month.

If you wish to sell house to rent back you can apply online, however ensure that the company you choose has the backing of the FSA, this will ensure that you are offered a fair deal and the best deal based on your circumstances. There has been a lot of negative press regarding sell and rent backs, however if the company is regulated then you stand a better chance of being given all the information needed to make an informed choice.