18 | 02 | 08

Sale and rent back rip-off claim

Posted by: andrewlund

As a financial chill sets in you see more and more adverts offering cash for the homes of people in debt difficulties. Some of the organisations offering this sort of scheme were branded “rip-off” merchants by Adam Sampson of “Shelter” speaking on Radio 4’s Money Box last week. The problem is that this sector is largely unregulated and whilst this is the case horror stories of people only getting 50% or 60% of the true value of their home are not going to go away. For many the promise of a solution to their debt problems and the opportunity to continue to live in their home is very beguiling. However, selling on the open market and moving on may actually be the better option long-term.
Andrew Lund
Andrew Lund

Compliance Officer for Legal Practice

Andrew oversees the Firm’s Quality Systems and is committed to making sure that our client’s receive the very best customer care and attention along with the best marketing and legal advice in the area.

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