SARB Deals - Legal?

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M
Member
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100k Rics, bmv 75k, rent back at 450pcm, 'no money down'

1. Where is the deposit coming from?
2. If the lender was aware of the above, would they offer?
3. If the lender was aware that it's a rent back, would they offer?

Deals are still being completed on this basis, but for how long?

The FSA have regulated SARB?

Opinions invited from both sides.

09/12/2009 00:00

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Martin Co
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