Repossession is of course the nightmare of any homeowner. Fall into arrears which you cannot afford to repay and the lender will take you to court and you could have your home repossessed. Each year this happens to thousands of homeowners in the UK and perhaps many could have avoided losing their family home if they had chosen to take a home sell and rent back

This means they sell their home to a company offering to pay cash for it and then pay monthly rent which would be more affordable than the mortgage. They can then stay on in the property as the tenant with the choice of being able to buy back in the future.

A rentback could be taken online and within 24 hours you would know if this was a viable option for you to take. You would be given a verbal quote and following a valuation a written quotation and at this time be told how much rent you would have to pay and how much you could buy back for in the future.