Sell your house quick and avoid being evicted by the lender
Eviction from your home due to mortgage arrears comes with stigma and heartache. You would have to find somewhere else to live, leave friends and neighbours and perhaps even move children to another school. There is a way to avoid eviction if you have fallen behind on the mortgage with no hope of catching up and that is to sell your house quick.
Selling your home to avoid being repossessed is all well and good but you would still have to leave. That is unless you looked into what a sell and rent back offers. By selling your home to a specialist company and then paying the company rent on a monthly basis which would be more affordable than the mortgage you could stay as a tenant in the property with the option of being able to buy it back at a later date.
The company offering the sell and rent back option should be able to work with you every step of the way towards reaching a tailored solution. They should also provide you with the information you would need to be able to put a stop to any court proceedings which would allow time for the sale of the property to go through.
