A regulated company who offer a sale and rent back agreement offer to buy a house and rent it back and this may 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 for the fixed rental period. 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 looking into a sale and rent back agreement may allow you live in the property while also paying off the mortgage.

A sale and rent back agreement may not be a suitable option so ensure that you have checked out all of your options before rushing into selling your property with a sale and rent back agreement.