The Rat and Mouse welcomes news that the OFT is investigating sale and rent back schemes... a practice in which homeowners at risk of repossession sell properties at bargain basement prices to companies and then rent from them. Certainly, there's an argument for avoiding repossession by whatever means... but we've been very interested in some of the marketing methods applied by some of the firms (including the devious suggestion, by one firm, that it's a pressure group acting against repo-happy lenders). More in this in the very near future... and, in the meantime, if you've had experience, good or bad, with any of these firms, we'd be interested to hear from you.

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