Numerous companies out there offer to buy your home from you and then rent it back to you with the option of you buying it back in the future. Many of them are ethical and provide those homeowners who are struggling with their mortgage repayments the opportunity to rid themselves of worry of repossession by selling their homes and then remaining in them in by paying affordable rent. However, there are also the less than ethical ones who have in the past, misled the homeowner. Therefore, if you are considering selling your home this way ensure that you choose a company who is regulated by the Financial Services Authority.

The FSA monitors companies to ensure that they will get a fair deal when selling their homes. If you want to sell house quickly this way and pay off your mortgage to avoid losing your home whilst remaining in it you have to avoid the companies who mislead.

It has been reported that some companies in the past, before the FSA began regulating led homeowners to believe that they could rent over the long term when in fact they were offered 6 months rental. Some misled homeowners when it came to how much their home was worth. If I wanted to sell my home fast to avoid home repossession then I would ensure that the company I chose to sell my home to was indeed a regulated and ethical company.