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Old 02-18-2008, 11:50 AM
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Post Sale-and-rent-back ?rip-off?

The sale-and-rent-back sector has come in for heavy criticism from the housing charity, Shelter, whose chief executive, Adam Sampson, has described some of the companies operating in the sector as “rip-off” merchants.According to Mr Sampson, some sale-and-rent-back firms pay homeowners only half the market value of their property and do not honour promises that former [...]

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