RPS offers to assist SRB firms awaiting authorisation

Published on

Sale and rent back (SRB) firm Residential Property Solutions is offering to ‘help’ those SRB firms who have yet to receive full FSA authorisation, by fulfilling leads they have generated and paying them a commission on any such introduced business.

Currently there are fewer than 10 firms authorised by the regulator for SRB.

Pete Thomson , managing director of Residential Property Solutions Ltd, said: “I suspect more SRB firms will be authorised in due course and I can only assume that a number of them must have been late submitting their applications to the FSA. Unfortunately

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Source cuts home insurance quote time after adviser feedback

Source Insurance has reduced the time it takes advisers to complete a home insurance...

Air to host later life lending growth summit

Air will host a Growth Summit next week to help advisers respond to change...

Mortgage affordability reaches tightest level since 2008

Mortgage affordability has reached its tightest level since 2008, with borrowers spending an average...

Equity release lending falls as uncertainty delays completions

Equity release lending fell in the first quarter of 2026 as economic uncertainty and...

Afin Bank removes fee from 95% LTV five-year fixes

Afin Bank has removed the product fee from its 95% loan-to-value five-year fixed rate...

Latest publication

Other news

Source cuts home insurance quote time after adviser feedback

Source Insurance has reduced the time it takes advisers to complete a home insurance...

Air to host later life lending growth summit

Air will host a Growth Summit next week to help advisers respond to change...

Mortgage affordability reaches tightest level since 2008

Mortgage affordability has reached its tightest level since 2008, with borrowers spending an average...