If you live in the London area and are going through a divorce then consider a local company offering a sale and rent back agreement. You will be faced with much upheaval and have to make many decisions regarding your future. One of them might be what you are going to do about your home. Maybe one of you wishes to stay in the home but you are also faced with having to sell to split the proceeds.

If this is the case then you could consider looking for sale and rent back agreements as this could provide you with the best of both worlds. However before taking a sale and rent back agreement you do have to weigh up the pros and cons.

You may be able to sell your home for a cash sum and the rent it back from the company which of course means you do not have to move. Your home could hold many treasured moments and you might not want to lose them. A sale and rent back agreement would allow you to remain in the property by paying rent for a fixed amount of time, typically 5 years.

Of course this is just one way in which a sale and rent back agreement may work in your favour. It could also work for those individuals who were facing repossession or if you wanted to free up the equity in your home without having to leave the property.

Always consider all options as this may not be the most suitable for your circumstances.