It has been reported that the Governments housing possession court duty scheme has helped 76% of people last year who were looking at having their home repossessed to stay on in their property. The service provides last minute advice to those who have been taken to court due to mortgage arrears and it seems to have been very successful in some cases.

However, there are homeowners for whom the scheme has not worked out for and if you are one of the people then you may wish to look into other alternative options to avoid losing your home. One of these is to sell home and rent back with a company that offers to buy your home for cash. When you choose to sell house to rent back you are typically offered the option of buying back the property in the future.

An advantage to selling this way to avoid repossession is that you do not have to find money for fees that are typically associated with selling your home. Another is that you know if this is a solution to your problem, within a 24-hour period. As repossession is a huge worry, a quick sale can bring enormous peace of mind.