Amidst all the recent chatter, twitter and gossip about Government cut-backs, comes a bit of good news about some high risk home owners that are getting some well-needed financial support. Lincolnshire City Council have received £2m towards their Preventing Repossessions Fund that helps home-owners in the repossession hot spot keep hold of their property.

Repossession figures prove this area is in serious need of support with one family losing their home every day between July and September 2009. All told, 110 repossession orders were issued over that period leaving many considering a sale and rent back option but now they may have another way to keep what’s theirs.

The housing market in the UK is still a sorry state of affairs, despite the fact that mortgage lenders are now starting to offer more competitive packages. The truth remains that until the market has been fully brought back to life, homeowners will no doubt look at all other means of getting a quick house sale.

There are a few options available, including the relatively new idea of house swapping where you can match your house to a buyers needs and take out the middleman. Another possible route is an auction where you can be guaranteed of a sale but the price you achieve will invariably be less than if you sold yourself. A third option is a sale and rent back scheme, these are aimed at homeowners that are facing repossession or need to free up cash but stay in the area. Remember to always look into all the options when considering a fast house sale and seek impartial advice from the CAB and other trusted sources.