| One of the most important parts of a sell and rent | | | | larger customer base in that the provider can work |
| back plan is the distance contract that will be involved. | | | | with getting a distance contract set up anywhere in |
| This is a type of an agreement that can be very | | | | the United Kingdom regardless of how far away a |
| beneficial to both parties that will be involved in a sell | | | | customer is from the provider's home office. The ability |
| and rent back (SARB) transaction. It can work with | | | | to work with any type of sell and rent back firm is |
| helping to get two parties to communicate with one | | | | great to see in that it gives a client a greater sense of |
| another from a distance. This is an especially great | | | | freedom in that the person can do business with |
| thing to use when it comes to having one person being | | | | anyone who is offered SARB services. |
| far from the office of a sell and rent back provider. | | | | A number of processes can be regulated by the |
| A distance contract works in a SARB plan in that a | | | | Financial Services Authority when a distance contract |
| client will be able to get into a deal with a SARB | | | | is being handled. These include the advisory process |
| provider to where a person can live in one's property | | | | for getting a contract to be written up and an |
| but as a renter rather than an owner. When this type | | | | arrangement where a proper contract can be brought |
| of contract works the transaction is not going to be | | | | about so that it can be made official. The process of |
| handled through a physical meeting but rather through | | | | making arrangements to have someone view the sale |
| some form of distance communication. | | | | and the property that will be involved can also be |
| Any type of distance communication that is used in the | | | | made with a distance contract and this will be |
| United Kingdom can be used in a sell and rent back | | | | regulated by the FSA. |
| plan that works with a distance contract. This can be | | | | Mediation activities that relate to what happens in a |
| done through something like communication through | | | | distance contract can also be regulated by the FSA. |
| telephone or through a website. A communication | | | | These activities are used as a means of helping to |
| through email or other online means can work with a | | | | resolve disputes or concerns that can come about in a |
| distance contract. In fact more providers are | | | | sell and rent back plan. |
| encouraging these forms as a means of making it | | | | All of these features make a distance contract a |
| easier and faster for people to be able to | | | | useful thing to see when getting into a SARB |
| communicate with one another. | | | | agreement. This is a type of plan that facilities long |
| The distance contract works with a number of | | | | distance communication with regards to helping to get |
| different types of advantages for both the seller and | | | | a sell and rent back plan created and handled. It is |
| the provider in a SARB agreement. A seller will be | | | | something that can be endorsed by the FSA and can |
| able to have a better range of options with regards to | | | | work to help with giving a seller more provider options |
| sell and rent back firms that can be found outside of | | | | and with giving a sell and rent back provider a larger |
| one's area. | | | | seller base. |
| In addition to this a provider will be able to have a | | | | |