It is not a very good start to the New Year for all those who are struggling to keep up with their mortgage repayments and those who have succumbed to mortgage arrears, and who are faced with repossession. The Council of Mortgage lenders has stated that they expect the amount of repossessions to increase this year from last year, despite new proposals by the Government to help those who are behind with their repayments.

If you fear that your home will be repossessed this year then you may wish to look into alternative measures you can take to stop the lender repossessing. One of the ways is to sell property rent back with a professional company offering you a sale and rent back agreement. This may be a solution to suit your needs but it is not the only option open to you, so check out others.

The downside to selling this way is that you can rent back for a fixed period, so you do not have to move out straight away and you do not get 100% of the value of your property. The plus side is that you will not be faced with eviction and the stigma associated with it.