Wednesday, October 15, 2008

Sale and rent back regulations revealed

Sale and rent back housing sector to be regulated

Rogue residential landlords who prey on vulnerable homeowners should be regulated, the Office of Fair Trading (OFT) declared this week. An OFT study has found that some householders in financial hardship enter into sale and rent back deals when it is not their best option while some prospective landlords mislead consumers as to the value of their home or the security they would have as tenants.

Posted by peter whelp @ 07:58 AM (347 views)
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