If you wish to sell your home with the option of being able to rent it back, the best place to begin is to take the advice of a sale and rent back agreement company. Companies will offer to buy your property for an agreed sum and then take rent from you each month which allows you to remain in the property. Sale and rent back agreements are one way to avoid having to give up your home to repossession, they are also used in situations such as divorce or if you are emigrating.

A regulated company may provide free advice on how they could help you to avoid repossession or make the strain of divorce easier. They may also allow you to remain in your home while awaiting departure if you are emigrating, while also giving you peace of mind that your home has been sold.

Usually a company would give you an estimate verbally as to how much your property is worth. This may be around 70% of the value of the property. If you think it is fair then they will arrange to visit you, see the property and the area in which you live, and then make a formal written offer. If both parties agree contracts will be signed and you will hand over your home while remaining it by renting it back for the fixed rental period.