Real Estate - Real Estate Investment

Although
the FSA is now fining lenders who have given out mortgages
irresponsibly, it still leaves thousands of homeowners in a financial
mess with few options left, aside from a quick house sale, sell home
and rent back scheme or the threat of losing their real home. The FSA
say that although it is hoped irresponsible advice and lending is
rare, evidence suggests it is a ’serious and widespread problem’.

Currently
there are over 100 potential cases of mortgage fraud, with 17
mortgage brokers banned for fraud already this year. It is no wonder
more homeowners are left seeking a sell
home and rent back scheme as debt takes over.