Sale and Rent Back Consumer Protection

It is always reassuring to know how you are protected when agreeing to sell and rent back your house. In accordance with the FSA and the Financial Services and Markets Act 2000, there are a set of standards which must be followed by any company who offer financial products to the general public.

The Financial Services and Markets Act 2000 was passed to ensure the processes followed and products sold by all financial providers, including sale and rent back providers, are fair and not misleading, to aid consumer protection.

When considering a sale and rent back scheme with Rent My House Back, we are obliged to inform you of not just the benefits of such a plan, but also the potential risks, to ensure you are fully aware of and understand the choices available to you.

All companies regulated by the Financial Services Authority are also obliged to regularly report all required information to the FSA to ensure all regulatory requirements are complied with and to ensure the consumer is fully protected. Any breaches of the regulations can result in a large fine to the company or even removal of their regulatory status.

If you are thinking about the sale and rent back of your property, it is really important to consider the benefits and the risks and ensure these are fully explained to you. Rent My House Back will explain the whole sell and rent back scheme and ensure you are given time to fully consider your options.

Also see:

Sale and rent back FSA
Sale and rent back agreement
Sale and rent back service
Sale and rent back process

Contact us or apply online for further information about sale and rent back schemes and sale and rent back consumer protection.