House prices are still falling and the economy is still struggling which is posing problems all-round for the many homeowners in the UK. Homeowners wishing to sell stand to lose a great deal of money and those who have lost jobs with the recession being upon us are finding it hard to be able to maintain their mortgage repayments. Even finding the money needed to put your home on the market can be impossible as the fees for estate agents and solicitors can all add up to a tidy sum. If you cannot afford your mortgage repayments, and are falling behind with your mortgage, then you may choose to look for someone who would pay cash for home with no fees.

A cash buyer in the form of a company who would buy your home from you for a cash sum would even allow you to rent back your home. Often the monthly rent is more affordable than your mortgage repayments were which means that you do not have to move out of the property. However the money offered is usually less than the full value of the property, usually 70%. There is of course plenty of options to consider when in arrears but if you have exhausted all other possibilities a sell and rent back agreement may be worth considering.