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| Version 0 | Version 1 |
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| Concerns over repossession rents | Concerns over repossession rents |
| (about 2 hours later) | |
| Some householders facing repossession are ending up homeless after selling their homes to property companies, a BBC investigation has found. | Some householders facing repossession are ending up homeless after selling their homes to property companies, a BBC investigation has found. |
| The firms, which lease the properties back to the ex-owners, are said to be imposing large rent rises. | The firms, which lease the properties back to the ex-owners, are said to be imposing large rent rises. |
| Others complain that they have received less than the market value for their former properties. | Others complain that they have received less than the market value for their former properties. |
| Consumer advice groups and housing charities said they were concerned about the lack of regulation. | Consumer advice groups and housing charities said they were concerned about the lack of regulation. |
| Only option | Only option |
| A Citizens Advice Bureau official said one elderly man had sold his home under such a deal for £40,000, even though it was valued at £165,000. | A Citizens Advice Bureau official said one elderly man had sold his home under such a deal for £40,000, even though it was valued at £165,000. |
| There was just no other way out if I wanted to keep the house Victoria Taylor A nation (re)possessed? | There was just no other way out if I wanted to keep the house Victoria Taylor A nation (re)possessed? |
| The investigation for the Five Live Report found that such deals are on the increase at a time when increase rates have risen five times in the past year and the number of repossessions has gone up by 30%. | The investigation for the Five Live Report found that such deals are on the increase at a time when increase rates have risen five times in the past year and the number of repossessions has gone up by 30%. |
| Victoria Taylor lived in her home in Wolverhampton for 26 years, but was unable to meet the mortgage repayments after her partner left her. | Victoria Taylor lived in her home in Wolverhampton for 26 years, but was unable to meet the mortgage repayments after her partner left her. |
| On Five Live Sunday Breakfast she said selling and then paying rent to live in her house seemed like the only option. | On Five Live Sunday Breakfast she said selling and then paying rent to live in her house seemed like the only option. |
| She said: "Had there been another way out I wouldn't have done it, but there was just no other way out if I wanted to keep the house." Have you faced repossession? Have you been affected by the story? Send us your experiences using the form below. | |
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