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Sale and Rent Back - (SARB)
Ideal when you need to Sell but don't wish to move!
"As a result of the concerns about the instances of mis-selling in the sale and rent back market raised by the Office of Fair Trading, the Financial Services Authority now regulates this activity, from July 2009. We at Housing Cash Buyers strongly support the efforts by the FSA to raise the industry standards with a view to ensuring that you (our clients and partners) get the best advice and your interests are fully protected. You will therefore always be appropriately advised about the suitability of a sale and rent back transaction considering your needs and circumstances by one of the FSA authorised persons/ firms who you will be introduced to by us."
- Our FSA regulated partners are well positioned to offer increased support to both sellers and investors throughout the UK.
- If after speaking with us you decide that SARB might be the solution for you then we can ensure that we introduce you to an authorized partner with an individual that is authorized to advise, arrange and administer Sale and Rent Back.
- As Housing Cash Buyers is not regulated our involvement is purely an information gathering exercise where no advice is given. This information can be gathered on the phone or by our online form, or indeed a face to face visit if relevant.
- We are can inform you that one of our FSA authorized partners can pay 65% - 68% of RICS survey for houses up to £175k Market Value, charge rent equivalent to local LHA rates and offer Rights of Renewal of Tenancy agreements of up to 19 years, would you like an introduction to them?"
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