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Volume 496: debated on Monday 20 July 2009

To ask the Chancellor of the Exchequer what recent discussions he has had with Ministerial colleagues on the sale and rent back market. (287949)

Treasury Ministers and officials meet with a wide variety of organisations in the public and private sectors to discuss as part of the process of policy development and delivery. As was the case with previous administrations, it is not the Government's practice to provide details of all such discussions.

On 1 July 2009, the Government extended the scope of Financial Services Authority (FSA) regulation to include sale and rent back agreements. The FSA's regime affords borrowers important protections and provides consumers with means of redress in case they experience problems. More information on the FSA's regime is available at: