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Sale and rent back is now regulated by the Financial Services Authority. It may not be the solution for most people, but with the correct advice it could assist people with the following circumstances:
Mortgage arrears or facing repossession.
Coming to the end of a fixed rate and cannot now refinance.
Who are retiring or on benefits.
Poor credit history.
On unrealistic self cert mortgages.
In Debt Management Plans or IVAs.
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Sale & Rentback