Sale and rent back victory

In the first court ruling of its kind a vulnerable family has been told they can stay in their home as owner occupiers or rent it for life, after almost losing it in a repossession sale and rent back scam. The case, bought before the court with Shelter’s help, saw the judge brand the sale and rent back company Repossessions Stopped as ‘dishonest’ for promising the family could stay in their home forever. Within two years of the company selling the property on, the new owner defaulted on the mortgage and the house was repossessed, with the family nearly evicted.