THE FSA SHUTS THE SALE AND RENT BACK MARKET

 THE SALE AND RENT BACK MARKET IS NOW SHUT BY THE FSA

The FSA has temporarily shut the sale and rent back market.

Did this market work? Was it for helping the consumers and was it really ever an effective honest tool to help a distressed family from losing their home.

After their own review found that most of the transactions were either unaffordable or unsuitable, or should not have been sold

Apparently the FSA having reviewed all regulated SRB firms referred one candidate to its enforcement division the others agree to close down or suspend taking on new business or simply closed their permissions (licence to do new Business)

Clearly there was something radically wrong with this model in the first place consumers were put at risk and it was not a workable practical or fair solution to customers losing their homes.

At Green Shoots we do have a practical alternative, don’t go anywhere near a Sales and Rent Back scheme which can logically only benefit the provider. If you are losing your House in the current market firstly remember my golden rule of the current age your house is your Home it’s not an Investment property, as so many would like to tell you.

It’s the roof over your head, yours and your families protection. So protect it for what it is and not what it isn’t.

I can help give you advice and guidance if you are genuinely losing your home and would be willing to talk through your problem or  email  reply in the first instance and would guide you through your mess with real practical workable solutions to protect your Home and your family and would not and doesn’t include sale or Rent back.

It won’t cost you anything to get or give you professional help in the first instance and the first chat or meeting would be free.

So if you want to talk through your situation seek professional guidance help call me write to me or email me

Green Shoots is all about helping people in Financial Distress.....

Paul Stacey Director/ Adviser for PAS Financial and Mortgage Solutions

Tel 01306 881399

Mobile 07710-854040    paulstacey88@gmail.com

PAS Financial and Mortgage Solutions 26 Furlong Road

Westcott Surrey RH4 3PR

PAS Financial and Mortgage Solutions LTD is an appointed Representative of Pink Home Loans. Pink Home loans is a trading name of Advance Mortgage Funding Ltd which is authorised and regulated by the Financial Servces Authority