There are options available when faced with imminent repossession although they are limited somewhat. You could give in and let the lender take your home to sell and meanwhile still have payments to make. You could choose to sell your home through an estate agent and hope to make a quick sale, however you would have to pay fees and there would be no guarantee that you would be able to make a sale. You could also choose to take a sell to rent back option that is offered by a specialist company.

If you look into a sell to rent back option then you could get advice and information on what the scheme entails through their website. An ethical company would not push you into making the decision to sell to them but should offer a solution tailored to your needs that comes with enough information so you are able to make an informed choice. There are both pros and cons that need to be weighed up when taking the companies offer of selling and renting back. The company should make you fully aware of these when you look into the scheme. You would not be offered the full value of our home but you also have to take into account that you would have no fees to payout. If you sell through an estate agent you would incur solicitors and estate agents fees and even then you might not get a sale. You could also have to drop the price of the home to encourage a sale so you might not even get the full value if you choose to sell this way. Of course one of the biggest bonuses is that you can remain in the property by paying rent which would be more affordable than the mortgage you struggled to pay each month.

Once you have weighed up the pros and cons and decided that a sell to rent back option is suitable for your needs then you can apply online. You are able to fill in a form online or make an enquiry using the free phone number that the company offers on their websites. Either way you would get an answer in just 24 hours from applying and this could be a very viable solution to helping you remain in your home. The whole process of selling this way can be over in just a few weeks and of course when you are faced with the possibility of having your home repossessed time is of the essence and the sooner you can clear up the situation the better.