Over the past few years, tenent loans became incredibly popular as banks were trying to drum up as much business as they could. Fast forward to now and the current housing crisis, and most banks have stopped offering these high risk tenent loans. There is just not enough security for banks to be willing to […]
A simple guide to tenent loans
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Be Careful With Tenent Loans
Posted on May 25th, 2008 by justin
The current housing situation in the UK is rather chaotic. Loan firms are aware of this, and many have developed a new type of loan called a tenent loan. These are also called “rent-back” loans or “sale-and-rent-back” loans. Regardless of their name, there are many companies giving these loans which are disreputable.Tenent loans are ones […]
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