Uncertainty in the UK mortgage market and the world economy may have the knock-on effect of increasing interest rates, which could cause financial problems for home owners. One option that can help people out of a difficult situation is to sell and rent back their house.

Rent Back Direct help home-owners release the equity in their property by buying their house and then arranging a short or long term rental agreement. This simple solution can stop repossession and allow people to stay in their home when they cannot afford mortgage repayments.

Rent Back Direct purchase both commercial and residential properties with offers are based on:

• Current market value
• Type of property
• Location of property

This type of ‘sell house rent back‘ arrangement can be much quicker than selling on the open market and doesn’t involve an estate agent - so no fees to pay. And best of all, all the sell and rent back agreements made by Rent Back Direct include a buy back option, providing for every eventuality.