Sell and Rent Back – Keeping The Roof Over Your Head

If you are concerned you can’t keep the roof over your head, a sell and rent back scheme may be the lifeline you need.

It's hard to avoid. There are literally thousands of stories in the news about falling property prices, the credit crunch, a weakening economy, the threat of a recession, an increase in house repossessions, the fact more of us are estimated to become insolvent, and countless other doom-laded stories. Sell and rent back schemes are witnessing a surge in interest as homeowners are beginning to fear the worst.

Sell and Rent Back – Mortgage fears soar

Sell and rent back schemes offered to vulnerable homeowners desperate for a fast cash sale to pay off debts or stop house repossession are set to increase. The fact that the charity Shelter has received eight times as many requests for advice on mortgage problems in 2007 than the previous year, says it all. Shelter England say they took 80,000 calls in 2007 from homeowners worried they were falling into arrears.

Despair and Mortgage Misery

The despair caused by high mortgage repayments and unmanageable debt is immeasurable for homeowners worried they can't keep the roof over their heads. A sell and rent back scheme may help some address the misery of repossession. The problem is so entrenched that Shelter is urging the Financial Services Authority alongside mortgage lenders to set up a freephone dedicated to offering mortgage and debt advice.

Is a sell and rent back scheme a solution?

It has been predicted that those who don't find a solution such as a sell and rent back scheme, or are able to sell their homes on the open market in time, repossession is a very real risk. Some 45,000 homes will be repossessed in 2008. The Financial Services Authority has already issued warnings that over a million homeowners are at financial risk and could fall into arrears. A sell and rent back scheme could be one way of ending the relentless problem of high mortgages and expensive debt. For those who can't afford to stay in their homes but really don't want to move, a sell and rent back scheme is a viable solution.

Keep the roof over your head

A clampdown on irresponsible lenders has also been called for – so the most vulnerable to debt aren't being led further into debt. For some, it may already be too late. A sell and rent back scheme could be one way for thousands of ordinary people to keep a roof over their head.

Sell and rent back with sellandrentbackltd.co.uk

If you're caught in a financial house-trap, sellandrentbackltd.co.uk can throw you a life-line.  Sellandrentbackltd.co.uk offers a sell and rent back scheme for those who like living where they are and want to maintain stability but are facing mortgage arrears, repossession, bankruptcy and debt or concerned financial meltdown is looming. The sell and rent back scheme is an alternative to selling up and moving, allowing you to stay put and find financial solutions. Sellandrentbackltd.co.uk will buy your home and allow you to continue living in it as a tenant. Find out more, call Sell and Rent Back Ltd. today on: 08000 255 870.

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