Sale and Rent Back will be an increasingly viable option over the coming years for many distressed home owners who are desperately trying to remain in their homes. Regulatory requirements are now in place to ensure that consumers receive appropriate advice when looking to buy this type of policy.
CLS Title has created a unique Sale and Rent Back Owner’s title policy to ensure that providers have protection against:
Title defects
Adverse claims by the seller or the seller’s relatives or personal representatives
Fraud and Forgery
Missing Deeds and Documents
Errors by search providers and HM Land Registry
Failures by completing solicitors
Attempts to have the transaction set aside as a transfer at an undervalue
Lack of capacity on the part of the seller.
This Title policy will reassure both providers and their investors that their asset is secure and protected.
