Call for FSA to regulate 'misleading' sale and leaseback

The three organisations wrote a letter to Economic Secretary, Kitty Ussher, expressing concern that some schemes are not treating customers fairly. Sale and leaseback schemes allow an owner-occupier to sell their home to a company and remain in the property as a tenant. However, recent press coverage has focused on some consumers who have been forced to move out of their home after just a year or who have received significantly less than the market value of their home. The letter to the Treasury says the Office of Fair trading should investigate advertising, sales and customer care stand...