If you are facing repossession then all is not lost despite the fact that you might feel there is no way out of the nightmare situation. If the thought of having to move out of your home is too devastating then take action now before eviction.

House reposession can be avoided by considering a sale and rent back agreement along with other options. It does not matter what stage you are at, whether you have just realised that paying the mortgage each month is out of your grasp, you are already a month or so behind with your mortgage or the lender has already begun repossession proceedings. In all of these situations you may choose to look into a sale and rent back agreement to help you to avoid repossession and remain in your home.

The whole process comes with pros and cons which have to be weighed up.  The company will offer you a price for your home which should mean you are able to pay off your mortgage lender. However this may not be 100% of the full value.  You will then pay a rent each month to the company for a fixed rental period.