A specialist company who buy a house and rent it back could be your way of gaining peace of mind and of getting out of financial difficulties. If you were emigrating then you could sell and remain in the property until its time to leave by paying rent. The same would go for situations such as divorce where one half wanted to stay in the home while also having to sell to split the proceeds. In the case of mortgage arrears then it brings great relief and eases financial difficulties.

Maybe you are just having short term financial problems, however unless you pay your mortgage payment each month the lender can repossess your home. If you have gotten behind and are looking at having your home taken through the courts then selling and taking a rent back option could allow you live in the property while also paying off the mortgage.

The majority of companies will offer you the chance to buy back the property once you have your finances back on track so this can be a win-win situation. You would of course have to weigh up the pros and cons, but if faced with eviction it could be a very viable solution.