Selling and renting back schemes aimed at homeowners who need to escape mortgage misery but do not want to leave their homes could soar as consumer confidence hits a record low. The rising cost of living as inflation bits and the pound devalues has left many homeowners desperate to escape expensive debts. A sell and rent back scheme could be the solution, and for many, it is an increasingly attractive alternative to the rising house repossession risk.

Tags: back scheme, consumer confidence, debts, inflation, misery