Residential Property Solutions (RPS) has been granted interim authorisation by the FSA to conduct sale and rent back (SRB) business
New rules which came into force at the beginning of the month meant unauthorised SRB firms have to apply for interim authorisation to enable them to conduct SRB business prior to the introduction of the full SRB regulatory regime in the second quarter of 2010
Peter Beaumont , chief executive of RPS, said: “I am delighted that RPS has been granted interim authorisation by the FSA and I believe we are one of the first firms to be notified. It will be interesting to see