New rules will protect 'sale-and-rent-back' families

A spokeswoman said: “The FSA is clearly taking regulating sale and rent back seriously, but it is vital that they put energy into enforcing both the existing interim regime and the new full regulatory regime.” Homeowners commonly sell …

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1. Property Press World » New rules on sale-and-rent back The Financial Services Authority (FSA) has published new rules and guidance aimed at protecting vulnerable consumers in the sale-and- rent - back market. The regulator implemented an interim regime in...
2. New rules to protect vulnerable homeowners | Moneywise Another problem plaguing the sale and rent back sector is unscrupulous firms making below-market value offers to homeowners who are desperate to sell . The FSA wants to make independent...
3. Watchdog outlines sale and rent back regulation The Financial Services Authority has published details of the full regime it intends to implement for the regulation of sale and rent back firms. The watchdog introduced an interim regime...
4. Sale and Rentback Clobbered Again by FSA - And Rightly So … Sale and rent back was regulated last year under an interim regime imposed by the FSA. Even owning one property where the tenant is the original owner is a potential...
5. Sale and rent back schemes to have tighter regulation. The Financial Services Authority (FSA) has announced new sale and rent back measures to reinforce their interim regulations launched on 1st July. The measures, designed to protect consumers in this...