Not being able to get the money together each month for you mortgage is a nightmare if your circumstances change. A change of circumstances could come about for a variety of reasons including loss of income or the end of a fixed rate of interest. Whatever the reason, if you get behind on your mortgage, then you are at risk of losing your property.

Selling house to rent back with a sale and rent back agreement is one solution that you should look into as a way of being able to remain in the property, for a fixed period, while at the same time not having the worry of a mortgage hanging around your neck.

You may be able to sell your property to a company specialising in offering sale and rent back agreements and then pay rent each month for the period of time you are allowed to remain as tenant.

The monthly rent will typically be lower than the mortgage repayments that you struggling with and which were a nightmare each month, and as you have avoided being evicted your credit status will not gain a bad mark against it.

You should be given advice every step of the way if you choose an ethical company who complies with the FSA.