House repossession is likely to be seem as a last resort by your mortgage company. If you can work out a schedule of payments with them, then you can prevent repossession in its tracks. To help your negotiations with your mortgage provider regarding the repayment of your mortgage arrears, have a schedule of income versus expenditure with you so it is clear to them and of course to you also just how much in the way of repayments you can afford. However, you need to take action to stop the repossession if you unable to reach a satisfactory agreement with your mortgage company. For that, consider a property sale and rent back option. This option is one of the best ways to resolve the situation before the mortgage company get hold of your property and evicts you. Of course, you might be reluctant to sell your home and move. The best news with a property sale and rent back solution is that you can remain in your home after you have sold it.