Identifying the Pitfalls in an Srb Agreement ; Justin Parker, Partner and Property Specialist at Midland Law Firm Mfg Solicitors, Stresses the Need for Homeowners Entering Into Sale and Rent Back Agreements to Be Vigilant Despite the Government Tightening Its Regulatory Grip Propertyexpert

Summary

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The latest Government alterations relating to sale and rent back (SRB) agreements have been billed as the way to close loopholes and protect toiling homeowners.

In short, any individual or business who now conducts an SRB transaction must be fully vetted and authorised by the Financial Services Authority (FSA).

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Extract

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Identifying the Pitfalls in an Srb Agreement ; Justin Parker, Partner and Property Specialist at Midland Law Firm Mfg Solicitors, Stresses the Need for Homeowners Entering Into Sale and Rent Back Agreements to Be Vigilant Despite the Government Tightening Its Regulatory Grip Propertyexpert

For the thousands of Midland homeowners who are struggling to keep up with mortgage arrears,...

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