“Sale and rent back” investigation
The Rat and Mouse welcomes news that the OFT is investigating sale and rent back schemes… a practice in which homeowners at risk of repossession sell properties at bargain basement prices to companies and then rent from them. Certainly,…
Original post by Click here and PropertyMagnate.com
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The OFT is launching an inquiry into the unregulated market for homes that are sold at a discount and then leased back to former owners...... click title for details
