Repossession is a terrifying experience. If you are unable to keep up with your mortgage repayments then you could lose your home to the lender if you cannot repay what you owe. In this case your options are somewhat slim but one of ways that you can avoid repossession is if you sell your home. Usually if you sell your home you have to move out of course but if you choose to sell to a specialist company that allows you to rent back you can stay on in the property paying rent each month. Another advantage to selling this way is that you can sell your house quick and this takes a great deal of stress and worry away.

As you are able to sell your house quickly any proceedings can be stopped which would allow time for the sale of your home to go through. You would have an idea whether this was a suitable option within 24 hours and if you then go ahead and sell you could have the cash to pay off your mortgage in just a matter of a few weeks from first applying.

You would also be given the chance to buy back your home in the future if your finances had settled down at a cost that would be fixed at the time of selling. Selling this way is not suitable for the circumstances of all individuals but if its right for you then you may be able to break free of mortgage arrears and not have to move out.