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Sale-and-rent-back schemes must be regulated

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  • Sale-and-rent-back schemes must be regulated

    Sale-and-rent-back companies have been featured recently on programmes such as ITV1’s Tonight with Trevor McDonald and BBC1’s Watchdog. The Council of Mortgage Lenders (CML), Shelter, the homeless charity and the Citizens Advice Bureau are urging Kitty Usher, the Government’s Economic Secretary, to bring these sale-and-rent-back companies under the control of the Financial Services Authority (FSA). [...]

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