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Treasury bid to halt rent-back evictions
Owen and Moira Martin are among the many British victims of companies offering controversial sale-and-rent-back deals. Their three-bedroom maisonette in … |
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Buy-to-let clubs target sale-and-rent-back
More than 20 buy-to-let property clubs are encouraging members to strike controversial sell-and-rent-back deals with desperate homeowners trying to avoid … |
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Sell Your House Without Moving - Rent My House Back
Whether you want to pay off existing debts, release equity in your property or to prevent yourself from being evicted from your home a 'buy and rent back' … |
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Buy-to-let clubs target desperate homeowners
Financial Times, UK - By Claer Barrett Some buy-to-let property clubs are encouraging members to profit from rising repossession rates by striking sell-and-rent-back deals with … Get-rich schemes target desperate owners |
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Housing money gets weak welcome
Atlanta Journal Constitution, USA - The aim is to buy, repair and sell or rent run-down homes and create affordable housing, while stabilizing neighborhoods distressed by foreclosures and … |
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Homeowners' safety net really wasn't
Tampabay.com, FL - The owners could sell their homes at a "discount'' — meaning less than market value - and rent them back for roughly the same amount as the mortgage payment … |
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Sale-And-Rent-Back Schemes Are "Misleading" and "Harmful"
Motley Fool UK, UK - Some sale-and-rent back firms mislead customers about the security they have as tenants, claiming they will be able to stay in the property for years -when … Sale and rent-back schemes 'must be regulated' Sale and rent-back industry should be regulated says OFT OFT demands controls on sale-and-rent-back |
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The market for homeowners looking to sell
San Francisco Chronicle, USA - Though the buyer ultimately came back, Morris agreed to a lower sale price of 5000. Volatility in the stock market, falling home prices and tightening … |
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US Auto Makers Face More Trouble As Rental-Car Cos Cut Back
CNNMoney.com - Auto makers have increased prices and moved to sell more richly equipped vehicles in an effort to increase profitability on sales to the rental-car industry … |
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Rent back regulation demand from Halifax
Money Magic Mortgage News, UK - Halifax has called on the government to introduce a regulation framework for the sale and rent back sector. The high street bank is demanding improved … Halifax calls for rent back regulation UK Government urged to help struggling homeowners |