Sell and Rent Back

Selling to rent back is a solution to stop eviction

You can choose to sell and rent back house if you are facing having to leave your house after falling behind on the mortgage for your home. If no solution can be reached with your lender for catching up on the arrears, or you cannot afford to enter into an agreement and continue to pay your mortgage, then you can either give it up to the lender or sell to a buy and rent company.

There are specialist companies out there who will give you a quote for your home after seeing it and also tell you how much you would be able to rent back the property for. Usually you can also take the option of buying back the property in the future once your circumstances have improved. This means that you will not have to find the mortgage each month, just affordable rent.

Eviction can be stopped even if you have a date to attend a court hearing. A buy and rent back company will be able to give you help and advice every step of the way, even when it comes to stopping the eviction hearing from going ahead while the sale goes through.

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