Sell and Rent Back
Since July 2009 the FSA regulated the Sell & Rent Back sector to protect both sellers and buyers.
During this time many operators pulled out due to the excessive red tape brought about. After regulation was completed there were only a handful of fully regulated companies allowed to provide Sell and Rent Back.
Although the demand is huge, however sadly today there are no operators running this scheme as it is no longer in the interest of any investors to provide the service.
You may still find many websites showing that they can provide Sell and Rent Back. This could be because they have not updated their websites or they are operating illegally, and not within the rules. If you are interested in this service, please be careful if you deal with any companies advertising this. For help on this matter click here to visit the FSA website.
Please note that some local authorities do run a scheme that whereby a housing authority will purchase your property. However the service is slow, and has many criteria set. If you are suffering financial difficulties and see this as a way out please ensure that this suits your needs, and get proper advice.
If you would like to speak to us we can provide other alternatives that may help you. Please contact us today for a chat.