It is pertinent to note that there are a well number of options available to house owners who are finding it difficult to keep up with repayments and are afraid of losing their houses . It is advisable for a house owner to exercise caution before entering an agreement of sell and rent back scheme. Because the scheme is unregulated, there are many loopholes and irregularities in which deals are conducted. You should be aware that most estate agents will sell your house at between 70 -80 percent of the actual value, so you need a surveyor to evaluate the real worth of your house. Don’t be in a hurry to sign agreements because you are in a financial difficulty and be sure that you communicate effectively with your lawyer before signing agreements.