You can sell and rent back house through a sale and rent back agreement for a wide variety of circumstances where you are suffering financially. You might want to release the equity in your home by selling and if you take a sell to rent solution you can use the equity and remain in the property by paying rent each month.

You could also choose to sell if you are emigrating and want to sell to ensure that you can leave with no loose ends which might mean you have to return. You could also choose to sell if you are facing losing your home as the result of repossession if you have fallen behind on your mortgage repayments.

You would have an idea of how much you could sell your home for with a sale and rent back agreement, typically less than the full value. This would be a verbal quote but if you are interested you can then go onto getting a written estimate after having a valuation of the property. You could sell for cash pay off the mortgage, and not have to worry about the mortgage lender. However weigh up all other options as there may be a more suitable option that taking a sale and rent back agreement.