Have you thought of looking for a company who buys houses and rents them back?
If you want to sell your house due to not being able to keep up with the demand of your mortgage repayments then you do have options for selling. You might choose to put your home on the market with an estate agent or you could look around for a company that would buy your home and then allow you to remain in it by renting it back through a sale and rent back agreement.
There are many companies that offer a buy house rent back agreement so you do have to search around and choose a company regulated by the FSA. This is the way to ensure that you would get the best deal possible for your circumstances. When selling houses and renting back with a sale and rent back agreement the company will take many facts into account which includes where you live, the value of properties in your area and the type of property you are selling. However you may not get the full value of your property when selling this way.
You could have a valuation and then be told how much you would need to pay to rent back your home if you chose to sell this way. You would also be told how long the rental period lasts.
