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.

A sell and rent back option may be a way of you being able to remain in your property and you have the option of being able to buy it back when your situation financially turns around and you are back on your feet again. If you are considering this as an option to having your home repossessed by your mortgage lender then it is essential that you choose an ethical company to buy and rent back your home. Ensure that they are regulated by the FSA and you get the best deal possible based on your present circumstances. Contact a specialist online and you will get a rough idea as to how much you may get for your property within 24 hours.