Response - Regulating Sale and Rent Back: the full regime

By: Nicola Hughes  Published: November 2009


Shelter welcomes the opportunity to comment on this consultation paper.


Summary

The Government has taken decisive and positive action to regulate the sale and rent back (SRB) market, where we saw many vulnerable homeowners turn to often unscrupulous SRB deals in a bid to keep their homes. Whilst we believe the interim regime, implemented in July 2009, has made huge steps towards better protection for consumers, we look forward to implementation and enforcement of the full regime to finally stamp out all bad practice in the sector.