If you have got into arrears with your mortgage then your options will be somewhat limited. If you do nothing the lender will repossess and sell your home which means you will be evicted. If you choose to sell yourself then you would have to move out and leave everything behind. Or you can choose to go with a regulated company who offers to pay cash for homes through a sale and rent back agreement.

Mortgage arrears cause a great deal of stress and another advantage of taking a sale and rent back agreement is that the company offers house sales. If you have an eviction date then selling quickly would be the only way that you might avoid the eviction order. If you take a sale and rent back agreement you would be able to remain in the home by paying rent but there is a fixed period of rental term with no lifetime guarantee.

The company should be able to work with you to show you how to stop repossession orders until the sale goes through. Companies who offer a sale and rent back agreement typically do not offer 100% of the full value of the property.

We are fully regulated to advise on, arrange and enter into regulated sale and rent back agreements.