Terry Lucking owner of one of Cambridgeshire’s most successful letting agencies endorses the action the OFT is taking in relation to unfair practices around the ‘Quick House Sale’ market.
Read what the OFT is doing and what the BBC have to say about the market. The Daily Express outlines an actual case of a last minute reduced value offer and there is more news on Property Reporter.
For many years there have been some unscrupulous people and businesses offering quick house sales to vulnerable property owners. Some of these businesses go on to make thousands of pounds profit when they sell the property on to preying investors.
Terry believes that the OFT’s action is well over due but is pleased it has finally made it to the attention of Government.
Free Advice
Terry Lucking is the owner and director of Belvoir Cambridge. Terry and his team are willing to help investors, vendors and accidental landlords offering free pre purchase visits, honest sale and rental assessments.
Belvoir Cambridge are accredited and regulated agents. Members of ARLA, Safe agent, Propertymark and the Property Ombudsman. It is a requirement for a member of ARLA and Safe Agent to have Client Money Protection and have their accounts independently audited annually.
For more information or to ask Terry a question send an email to terry.lucking@belvoirlettings.com
