| Name change: The National Association for Sale & Rent Back (NASARB) is now known as NLA RentBack |
|
Consultation on The National Landlords Association (NLA), the leading representative body for private-residential landlords, has asked interested parties to submit their views on their draft Code of Practice for landlords involved in the sale and rent back market. Following wide-reaching consultation across the housing and mortgage sectors, the Code places the protection of vulnerable consumers at its heart. More and more people are now facing financial difficulty including so-called ‘payment shock’ and the inability to keep up with their mortgage payments. Ethical sale and rent back could be a way for some struggling homeowners to stay in their homes. The consultation has now closed. The NLA would like to thank all of those who took part in the consultation process and will publish our conclusions in due course.
|