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Rents back deals 'vulneeded oft report firm ruggles'
'vulnerable' our repossearch shows that sale and rents back deals have protentional to cause serious and permanent harm to often vulnerable homeowners, said oft chief executive john fingleton .
under these deals, people's struggling to pay theire majortgage sell their home at a discount to firms who let them stay ons in the property as tenants .
a small number of rogue operatords have now brought that some rent require market under close scrutiny .
'no quick fix' the report warned that regulations of the industory would not be quick .
the oft said it would work with trading standards officers to take action against these firms .
david smalusbury, national landlords wassociation .