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spyguy

Bbc - Oft Investigate Quick House Sales

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http://www.bbc.co.uk/news/business-22185163

OFT investigating quick sale housing.

Wierd, I don't remember an OFT investigation when house sellers jacked up the price after the buyer pays for a survey.

What do people want - a full price, or a quick price?

Maybe they should be investigating why the government are allowing companies to buy houses that individuals need.

Ban the companies.

Let the people have houses at the market rate .

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Maybe they should be investigating why the government are allowing companies to buy houses that individuals need.

Ban the companies.

Let the people have houses at the market rate .

The market rate is what though?

What a cash buyer would pay?

What someone in a hurry to sell can accept?

The market rate is perhaps a mix of fast/forced and natural sales. Which is why all the data should be available.

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My next door neighbour used one of those companies when he sold a couple of years ago. Nice chap, although I got the impression that he looked down on us slightly because we were renting and he 'owned' his house, until he could no longer service his mortgage.

I think the sale went reasonably smoothly, no mention of a revised offer on day of exchange.

Edit: The house never appeared on the land registry figures :rolleyes:.

Edited by Bruce Banner

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http://www.bbc.co.uk/news/business-22185163

OFT investigating quick sale housing.

Wierd, I don't remember an OFT investigation when house sellers jacked up the price after the buyer pays for a survey.

What do people want - a full price, or a quick price?

Yeah, and where were they for the millions of folk who got 'quick' mortgage approvals, ala Eric's liar loans.

As long as the mainstream banks make mucho moola the OFT stays away.

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Edit: The house never appeared on the land registry figures :rolleyes:.

Nor did the place I sold in 2007. But then, I used one a cheap solicitor found through an online brokerage. Muppets who made mistakes, including informing the LR it seems.

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Nor did the place I sold in 2007. But then, I used one a cheap solicitor found through an online brokerage. Muppets who made mistakes, including informing the LR it seems.

try and move back in ? :blink:

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  • 238 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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