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Government Mortgage Rescue Scheme flops

The latest figures from the Government...

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In-house SRB underwriter

FSA authorised underwriters are now...

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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" (commenced 30th June 2010)
  • Our partner was the only firm to become authorised to arrange and buy SRB properties on the first day of the FSA's stricter "Full Regime"
  • Our partner's sales team have been conducting SRB transactions for nearly 10 years, the other firm has only around one year of SRB sales experience

We work incredibly closely with our FSA authorised partner - you shouldn't notice the transition between talking to us and talking to our partner!

We are not authorised by the FSA to undertake regulated activities for Sale and Rent Back, but we are authorised under our Consumer Credit License to fact-find and present options then introduce to our FSA authorised partner, from whom we may receive a fee.

Registered in England & Wales: 06407278, Consumer Credit License: 629376, Data Protection Act: Z1816344, National Landlords Association: 65828

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