Many Are Expected To Seek Out Sell To Rent Back Schemes - Fact - As 20% Of Homeowners Fear House Repossession

It is an unfortunate consequence of the credit crunch that so many homeowners are now struggling with their debt management plans to such an extent that 1 in 5 of them now fear home repossession. The massive slump in the housing market has hit homeowner's wallet hard and many are discovering that sell to rent back schemes may be the ideal solution to their financial problems. A sell to rent back scheme tends to have dual benefits for homeowners experiencing financial problems as it not only represents a guaranteed cash offer that will quickly release the equity that is tied up in the real home but it will also allow them to continue to rent the house back once the home sale has been finalised; which may well be of importance if the homeowner has kids in school or works in the community.