Rather than sell your property with an estate agent and pay fees in order to avoid having your home repossessed and then have to find accommodation and move, you can rent back after selling to a buy and rent back regulated company. Sell to rent back property through a sale and rent back agreement may be a viable solution for those who cannot maintain their mortgage payments and are facing arrears. It can also work for those who are already in arrears and are waiting for their court date. However it is important to weigh up all your options as a sale and rent back agreement may not be the most suitable choice.

While a sell and rent back scheme is one way to avoid losing your home, it can also be used for many other reasons. If you wish to remain in your home but also need to sell due to giving your partner their share of the property, then a sell and rent back scheme could be the solution. You would be able to sell for a cash sum which can they be divided and remain in the property by renting. However there typically is a rental agreement in place and no guarantee of long term rental.

Selling and renting back in the short term can also be used if you are waiting to emigrate. You can sell and use the cash to finance your new life and home and while waiting to leave, rent back temporarily.