GE Money cut short sale deal with Housing Association … 01829.html

Then again they are out of the market and running down a really crap loan book, so not surprising they would cut a short sale deal.

The deal ain’t done yet, New Beginnings asked for these people to be give a right to buy which is crazy. :frowning:

Which people? The original owners or Cluid, or A.N.Other?

What if a family had been renting the same house for 4 years and they hit financial trouble after a job loss. Would they be allowed remain in the house for 2 years if they were not paying rent? Would they have a housing charity buy the house and rent it out to them way below market prices, effectively jumping the queue on the housing list?