000 02928cad a22003735a 4500
001 L146606
008 090209e20090206xxkd f f000 0 eng d
020 _a978184532559
035 _a(Sirsi) u146606
041 0 _aeng
050 0 4 _a306.1 $2 18
110 2 _aUnited Kingdom
_bHM Treasury
245 0 0 _aRegulating the sale and rent back market
_ba consultation
_h[electronic resource]
260 _aLondon
_bHM Treasury
_c2009
505 2 _aIntroduction: subject of the consultation; responding to the consultation; code of practice for written consultation; FSA consultation -- Background to the consultation: supporting homeowners in difficulty; the sale and rent back market; OFT report; product analysis; market analysis; fair treatment of consumers; existing consumer protection; OFT recommendations; government response -- Issues for consideration: policy options for consultation; draft legislation; definition of a sale and rent back agreement; arranging or advising on a sale and rent back agreement; entering into a sale and rent back agreement; administering a sale and rent back agreement; exclusions and exemptions; consequential amendments; interim regime; other comments -- Next steps: government response to consultation; next steps -- Annexes: impact assessment; draft Statutory Instrument
520 _aThis report from the Office of Fair Trading (OFT) and the Financial Services Authority investigates the sale and rent back market, whereby properties are sold at a reduced rate, granting the current owners assured tenancies after the sale. It looks at current provisions and at possible areas where the legislation should be strengthened to protect consumers. This consultation builds on suggestions made in an OFT consultation and asks a range of stakeholders to comment on what steps should be taken.
521 _aAdvanced
590 _aKA
650 2 4 _aFINANCIAL SERVICES AND MARKETS ACT 2000 (PROFESSIONS) (NON-EXEMPT ACTIVITIES) ORDER 2001
650 2 4 _aFINANCIAL SERVICES AND MARKETS ACT 2000 (REGULATED ACTIVITIES) ORDER 2001
650 2 4 _aLAW OF PROPERTY (MISCELLANEOUS PROVISIONS) ACT 1989 S2
650 2 4 _aLIMITED LIABILITY PARTNERSHIPS (ACCOUNTS AND AUDIT) (APPLICATION OF COMPANIES ACT 2006) REGULATIONS 2008
650 2 4 _aREGULATION OF FINANCIAL SERVICES (LAND TRANSACTIONS) ACT 2005
650 2 4 _aTIMESHARE ACT 1992
650 2 4 _aCOMPANIES ACT 1985 S262(1)
650 2 4 _aCOMPANIES ACT 2006
650 2 4 _aFINANCIAL SERVICES AND MARKETS ACT 2000
650 2 4 _aFINANCIAL SERVICES AND MARKETS ACT 2000 (APPOINTED REPRESENTATIVES) REGULATIONS 2001
650 2 4 _aFINANCIAL SERVICES AND MARKETS ACT 2000 (FINANCIAL PROMOTION) ORDER 2005
651 4 _aEngland and Wales
_y1543-
690 _aResidential property
_96266
856 4 0 _uhttps://www.hm-treasury.gov.uk/consult_sale_rent.htm
_zView the consultation free of charge at www.hm-treasury.gov.uk...
942 _n0
999 _c109240
_d109240