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Now after years of picking up no press coverage companies that offer rent back schemes are now under the media spotlight.   Lately there has been lots of activity in the press focusing on landlords who offer to buy house’s and rent it back to the old owners.

It has come to light that some bad operators in this market have been putting profits before being fair and ethical. For most homeowners that have sold their property and need to rent it back their most important concern is the security of tenure. Many rent back operators give only Assured Short hold Tenancies.The reason they do this is that there are few other tenancies which protect their rights as landlords as well. The problem with these tenancies is that once the fixed term is finished the landlord is legally allowed to ask the tenant to leave by issuing a section 21 notice..This will leave the tenant vulnerable to eviction even if they wish to stay in the property. This minor point is usually forgotten by the company.

People who are thinking of entering a sale and rent back scheme should be aware of the dangers and talk it through with the person who is buying their property. Homeowners should ask for references from previous clients who have sold and rented back their homes.

A Company with good references and solid ethical standards is RentBack Direct.Contact them regarding rent back and you will not be dissapointed.