Getting into mortgage arrears is devastating, but not being able to pay the mortgage each month leads to the lender taking repossession through the courts. Luckily I had heard of companies who bought your home from you for a cash sum and then allowed you to remain in the property by paying back rent.

When this happened to me I got in touch with a great UK buy and rent back company and sold and chose to rent back my home. They worked with me every step of the way, showing me how to get the repossession order stopped and explained the whole process of the sell and rent back deal thoroughly before giving me the chance to make up my mind.

Along with being able to remain in the property they also gave me a fixed price at which I am able to buy back my home in the future once my financial status allow me too. I found this a much better alternative to losing my home and all the memories in it by the lender having me evicted. Not only do I get to keep it but also the rent I pay each month is much more affordable then the mortgage I had been struggling to meet.