Despite the fact that the interest rate has dropped to an all time low many home owners are still struggling to meet their mortgage repayment. This is partly due to the economic status and jobs being lost to redundancy. Many homeowners are also struggling with other unsecured debts, which leave them with little or nothing left over each month. If you are one of the many who has fallen victim to mortgage arrears, or who are desperately struggling to keep your head above water then you may want to look into being able to sell your house and rent it back with a company offering a sale and rent back agreement.

A sale and rent back agreement may be a way of you being able to remain in your property at least for the fixed period of time stated when selling. If you are considering this as an option to having your home repossessed by your mortgage lender then it is essential that you choose a regulated company to buy and rent back your home to you. Ensure that they are regulated by the FSA and before going ahead with the sale weigh up all the pros and cons and other options as this may not be the most suitable.