Benefits of the Scheme
Peace of mind for you and your family to remain living in your home, without disruption to your family life, in line with the terms of your tenancy agreement.
You will pay a rent which is affordable as it is based on your income.
The proceeds from the sale of your home go towards your mortgage debt and you come to an arrangement with your lender for remaining debt, if any.
Potential option to buy back your home if your situation improves.
A third party will look after property maintenance issues as set out in your tenancy agreement.