The Government has said that it plans to provide homeowners with additional help and advice, which may help them to avoid losing their homes. John Healey the housing minister has said that the Government plans to implement advertising campaigns. They will also be giving out advice and help for homeowners struggling to meet their mortgage repayments at events which are to be held in some of 56 counties, which have been, designated repossession hotspots.

If you are faced with repossession of your home, you may want to consider looking into the option of being able to sell property rent back and remain in it. There are companies online who allow you to sell your home and rent it back for affordable monthly rent, which allows you to avoid having your home taken from you.

When entering into a rent to buy option you are also typically given the option of buying back the property in the future once your situation has recovered. Applying to sell your home to avoid repossession can be done online and you will typically know if this is a viable option for you, within 24 hours of applying. If all goes well you could sell your property in just a matter of weeks and the company will help to stop repossession proceedings.