We did it . The process was started in May and concluded August. Our house was valued at �70,000 and we got �53,000. It was an ex council house. We pay �350 a month rent. We are very happy as the mortgage still had 10 years to run(remotgage) and my husband is 62. Northern Rock gave him a 25 year term. After 15 years we still owed them �20,000 and only borrowed �29,000.We went with one where you dont pay fees upfront. I have lived here since being a child and we have been promised life time tenancy.It is a bit scary but our lives are definitely better.