There has been a lot of negative press recently regarding sell and rent back companies who fail to offer a fair deal to homeowners. For many homeowners who had few options left open to them after falling into mortgage arrears, and were faced with losing their home, a sale and rent back agreement may be a lifeline.
Homeowners  may be able to sell their home by selling to a company offering to buy house rent back for affordable monthly rent. This is known as a sale and rent back agreement.

However, with reports that some companies offering cash for homes were unethical and misled consumers, many vulnerable homeowners have been left wondering what to do.

A sale and rent back agreement may still an option for homeowners, providing they ensure they know what they are getting into.

If I wanted to sell and rent back my home to avoid repossession I would choose a regulated company who provided me with all the information I needed to make an informed decision up front. I would then take my time to read any agreements carefully and ask any questions I had before signing over my property to them.