Sell & Rent Back

The sale and rent back option of your property is a popular choice for many people for many different reasons.

Some of the benefits of choosing a sale to rent back option are:

• The right to remain in your property after the sale for a minimum period of 5 years on a secure tenancy.
• No legal fees or costs to pay.
• The sale to complete in a timely manner to fit around your circumstances.
• All enquiries are taken in strict confidence and there is no obligation to proceed.
• Repossessions may be stopped at any stage allowing you to stay in your home and neighbourhood.

These are just a summary of the key points, authorised sale and rent back companies must adhere to strict regulations and monitoring from the FSA aimed at protecting your interests and giving you security of tenancy.

Sale & Rent Back Now Regulated By The FSA

Because of the aforementioned practices the FSA (Financial Services Authority) decided to provide homeowners with additional legal protection by introducing regulation allowing only FSA authorised companies to Advise on and arrange sale and rent back agreements.

Interim regulation was introduced in July 2009 and full regulation commenced from 1st July 2010 It is now illegal for any individual or company to buy your home and rent it back to you as a business if they are not authorised and regulated by the FSA.

We are not authorised by the FSA to undertake regulated activities for Sale and Rent Back, all sale and rent back enquiries will be passed over to our FSA authorised chosen company, from whom we may receive a fee of up to 5%