If you are facing losing your home to repossession due to falling behind on mortgage arrears you could take the option of selling your home. However if you choose to sell yourself you would have to move out, plus you would have to pay fees and the home might not sell. There is another way to sell and may wish to look into it along with all other options. There are companies that buy houses online through a sale and rent back agreement and they will provide you with cash in hand so you can payoff the mortgage and so be free from eviction.

When considering taking this as an option to avoid losing your home you need to be aware there is usually no lifetime guarantee for renting back, the rental period may be fixed. Also consider the fact that you may not get 100% of the value of the property, typically 70% may be offered. Therefore you have to weigh these facts up against a no fee sale and the option to remain in the property for a fixed period.