If you are struggling to find the money to maintain your mortgage then you may have given some thought to taking a sell your house to rent it back option with one of the many companies that are out there. While there are many ethical companies who will offer you the best deal possible for your circumstances and help you to remain in your home, some might fail to do this. If you are struggling and you want to sell to pay off your mortgage and then rent back your home, you should look for a company that is regulated by the FSA.

A rent back and buy back means that you would sell your home and at the time of agreeing to the deal you would be told how much the company would buy your home for, how much rent you have to pay and how much you could buy the property back for in the future. The rent should of course be more affordable than the mortgage you were struggling with and it could give you some time to get back on your feet. Repossession can be devastating and a rent back solution with a regulated company can work out, however ensure you choose the right one.