When faced with the possibility of losing your home to the lender you would have to act quickly. If the lender has already begun court proceedings then the next stop will be the judge giving you an eviction date if the rule on the side of the lender.

One way of being able to stop repossession is if you sell property quickly for cash. In this case you would be able to pay off the mortgage you owe. However if you sell with through an estate agent this can take a great deal of time if you sell at all and of course you would have to leave your home.

A better alternative could be to sell to a company that offers a rent back solution. This way you make a cash sale and then pay rent each month to remain in the property as the tenant. The company offering the deal would be able to work with you to stop the eviction order until the sale with them goes through. By taking this option you would also be given the chance to buy back in the future, for a fixed price, once your finances had stabilised.