Lots of people dream of the day when their mortgage will end. It is, after all, cause for celebration when you think of all the repayments you have made and how you have struggled through the years to buy your own home.

You do not have to struggle for money and you do not need to downsize. With the sell and rent back house scheme, you can stay in your real house as a tenant after a house sale has taken place. This could mean that you have a substantial sum of cash in the bank to do with as you please. A home buying company will pay off your outstanding mortgage on your behalf after the sale has concluded, and the remainder of the money - after any loans have been paid - will be put into your bank account.