Sell And Rent Back
Get An Offer Now!

thechainbreakers.co.uk
Approved DFB Housing Solutions introducer
who are FSA regulated for sale and rent back

call free to talk to an adviser at DFB Housing Solutions
freephone 0800 599 99 66

Important Information On
Selling Your House & Renting It Back

If you are interested in selling your home and renting it back there is some very important information that you need to be aware of before entering into any discussions with sale and rent back companies.

Previous Problems In Sale And Rent Back

In the past few years many homeowners who decided to sell their home and rent it back fell victim to unscrupulous practices from companies who did not fully explain the costs or give homeowners the option of a minimum 5 year tenancy.

In addition, some companies did not have the financial ability to continue paying mortgages on the properties they had purchased leading to repossession by the lender and loss of home for the person renting.

These circumstances caused more distress to affected homeowners who had often been in difficult financial circumstances prior to selling their home.

Sale & Rent Back 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. It is therefore vitally important that – before discussing sale and rent back – you ensure that the company you are talking to is FSA registered in order that you receive the full protection of the new regulations.

Would You Like More Information?

If you would like more details on how to sell your house and rent it back and an instant offer click below:

get a rent back offer for your home today
	Name *
	Email *
	Postcode *
	Tel No *
	Value *
	Reason For Renting	financial difficulties divorce/separation equity release bereavement broken chain relocation other reason
	Timescale	within 1 month 1 to 3 months 3 months +
enter post code and estimated property value to get a rent back offer

Key Points Of Sale And Rent Back Regulation

- a minimum guaranteed tenancy period of 5 years
which you can cancel with one month’s notice -

- no fees or legal costs to pay -

- a 14 day cooling off period to consider
the terms of your sale and rent back agreement -

This is 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.

You will have many questions that are relevant to your personal circumstances and it is best that these are answered by an adviser
from an authorised sale and rent back company.

Interim FSA 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.

FSA Regulation For Sale And Rent Back
.

“Under the FSA regulations you are guaranteed a minimum 5 year rent back period but you can give just one months notice with DFB Housing Solutions if you wish to end the tenancy and move on”
GET MORE INFORMATION NOW!