Monday, April 4, 2011
Grant Shapps supports scheme aimed at getting more suckers onto the Ponzi scheme
Shapps expressed his departmentâ€™s support for private sector solutions that address current challenges in the housing market. The website is the brainchild of property entrepreneur David Riley and is aimed at homeowners who are unable to sell their house as well as purchasers unable to obtain a mortgage. .It matches potential renters and future buyers across the UK, claiming rent to buy is a solution that bridges the gap between renting and homeownership. Monthly rental payments and the option to purchase price are agreed up front by the two parties, and a proportion of the rent can be used to offset the final purchase price.