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Front door of house, framed by greenery in front garden

Individual jailed for illegal SRB scheme

Rajinder Gill has been jailed for 2.5 years for running a sale and rent back scheme and providing credit agreements and mortgages without authorisation. 2 accomplices received community orders and a suspended sentence. Mr Gill used Secure Property Consultants Ltd to target homeowners who were in financial difficulty, with claims that he could sell their homes quickly, and offering them cash advances and an offer to stay in their homes as tenants. He encouraged them to sell their homes at less than market value, and imposed fees that were excessive, confusing or hidden. Some of the victims were evicted from their homes.

Emma Radmore