If you live in the London area of the UK, then simply go online and find a website that offers sales and rent back agreements from the UK. A regulated website should make sure that they give the homeowner plenty of advice and access to the essential facts needed to determine if this could be a viable solution for them.

A sale and rent back agreement may be considered for many reasons. One of them is if you are facing repossession due to getting into mortgage arrears. The company may buy your home for a price determined during the initial assessment and then offer you the chance to rent it back for a monthly fee that you are able to manage for a fixed period of time.

The amount that is offered for your home is based on the area where you live for sell and rent back London and the type of property. Usually this will be around 70% of the full value.

While you will not get the full value of your home, you have to bear in mind that you will not have to pay any estate agent fees and the company will pay the costs of the solicitor. A sale and rent back agreement may not be the best option for your needs so always check all other options.