Mortgage repossession can happen to any homeowner who cannot afford to continue paying their mortgage and who as such falls behind on their repayments. If this happens and the lender takes you to court then you could be evicted from your home within a short space of time. One way of avoiding eviction is to sell the property but of course you would then have to move out.

However if you choose to sell with a sale and rent back agreement you are able to, rent back for a fixed period of time. By choosing this option you would be able to remain in the property as a tenant but you would have to take into account their is no lifetime rental guarantee. A regulated company offering a sale and rent back agreement may be able to help you to stave off the eviction order until the sale went through.

A sale and rent back agreement is just one of the many options that you would have to weigh up when considering avoiding repossession and it may not be the best one.

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