Sale and Rent Back QuestionMake Text Bigger
Discussing the possibility to buy a house with Tenants. However the tenants sold the house to current landlord in 2008 as a SARB. I need to check the date of the transaction to ensure it was legal then but what about buying it now?
Would there still be issues with buying the house, is it still a SARB if I buy it? Would mortgage lenders lend against it?
After reading through the numerous threads on SARB’s this seems to be OK but I can’t help thinking there may be a trap in it somewhere and going forward may end up messy and expensive.
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