In The News

• Government Mortgage Rescue Scheme flops - Wednesday 21 July
  The latest figures from the Government have revealed that only 629 households have been helped by their own "Mortgage Rescue" (sale and rent back) scheme since January 2009.  The Government has also announced that they propose to reduce funding to their scheme at the end of this year - which will very likely reduce the number of households helped in future. Buy House , up until 16th October 2009, together with our FSA authorised sale...
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• In-house SRB underwriter - Wednesday 14 July
  FSA authorised underwriters are now permanently located in our office, to offer immediate sale and rent back (SRB) advice and service. Although Buy House is not itself authorised to carry out sale and rent back activities, our FSA authorised partner now has some of its underwriters permanently located in our office.  This means that anyone contacting us about sale and rent back will be able to immediately speak to an FSA authorised advisor. This tight partnership allows Buy House...
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• Only one sale and rent back company - Wednesday 14 July
  Only one firm can legally make a range of sale and rent back offers across multiple SRB providers and offer to buy your property themselves. 2 weeks in to the new stricter FSA Full Regime for sale and rent back (SRB), our information leads us to believe that our FSA authorised partner is the only company with the full range of FSA authorised permissions. We believe there are 4 other firms authorised to carry out SRB activities.  Two of these 4 firms can make offers and then...
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• Now only 2 sale and rent back companies - Friday 09 July
  Only two firms are legally authorised by the FSA to buy properties on a sale and rent back basis, according to our information ten days after the FSA introduced its stricter "Full Regime" for sale and rent back.  Our partner is one of those two firms! We can boast further... Our partner was the first company to become authorised by the FSA to arrange and buy properties on a sale and rent back (SRB) basis under the stricter "Full Regime"...
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• Repossession good for you (not!) - Friday 12 February
  Inexcusable statement from Labour's Housing Minister - John Healey whilst talking on BBC Five Live radio show: "It can, in fact, in the circumstance be the best option for them to allow their home to be repossessed." Please don't take this idiot's statement at face value.  Whilst it is true that in very extreme and complicated circumstances repossession can be the best bet, for the majority of people repossession should be avoided. What people don't realise is that...
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