So you have found yourself in arrears with your mortgage and you cannot afford to continue repaying or catch up on the missed repayments. This unfortunately is something that hundreds of homeowners are faced with each year. While you may think that all is lost, there are options you may wish to consider.

You may wish to look into a sale and rent back agreement to sell rent back your property, you may be able to get the money to pay off your lender and you do not have to move out of the property as you can choose to rent it back. There is however no guarantee that you are able to remain in the property for ever.

Of course this is just one of the options open to you and it may not be the most suitable. Check out all other options before selling.

When looking into a sale and rent back agreement it is essential that the company you choose is regulated by the Financial Services Authority. There are numerous regulations that have to met by companies when offering a sale and rent back agreement.