Stop home repossession by selling your home and renting back
If you want help with repossession then a company who offers you the chance of a sale and rent back agreement may provide that information. For example if you are already in mortgage arrears and the lender has begun court proceedings then you could look into selling your home to them which might stop house repossesion and they may give you information which you could use to stop the proceedings giving time for the sale of your home to go through.
By taking the option of a sale and rent back agreement you may be able to pay off the mortgage and arrears and then stay on in the property paying rent. If you wish to remain in the property you have to consider that there may be a rental agreement with lifetime rental guarantee.
You could apply online and know how much you might get for your home, typically around 70% of the value of your property. If you are struggling with mounting debts then you may wish to contact a regulated company today and find out if this option is suitable as it may not be the best one for your circumstances.
