If you are facing repossession then you need to consider all of your options. You could already be deep in mortgage arrears and be waiting for the date of the court appearance. One of the options that you could consider and not even have to leave is to find a cash buyer in the form of a regulated company offering to buy your home and then rent it back to you.

By choosing to sell your home this way you may get cash for home which may allow you to pay off your mortgage and of course the arrears. This means that the lender will not go ahead with the repossession and you would not have to leave everything behind. However this may not be the most suitable option for you and you should consider others.

Bear in mind that when selling with a sale and rent agreement there is no long term rental guarantee and you typically get less than the full asking price for the property.

If you decide to take a sale and rent back agreement ensure the company you choose is regulated by the FSA. We are fully regulated to advise on, arrange and enter into regulated sale and rent back agreements.