Quick Move Now in the Mail on Sunday
Quick Move Now was featured in the Mail on Sunday at the weekend in an article about "sale and rent back" services. The article highlighted the fact that many house buying companies are offering services where they buy a home from a customer, then rent it out to them so they can stay in their property. The article highlights the concerns about the practice held by many people in the industry. Helen Loveless, the journalist writing the piece, commented that "...despite many former homeowners being led to believe they will be able to stay in their homes as long as they like, standard tenancy agreements are drawn up for between 6 and 12 months, which means they can be evicted with little notice, or face soaring rents."This is the reason that Quick Move Now do not partake in sale and rent back schemes: often people who need to sell their house to us do it because they can't afford their mortgage; if this is the case, it is unlikely that they would be able to afford the rent on the same property. So the ethics of sale and rent back schemes are questionable. It's for this reason that the Chancellor recently announced that sale and rent back schemes would be investigated by the Office of Fair Trading. We welcome this.
The article also mentioned a Quick Move Now case study: "Anne says: 'You hear horror stories about companies who claim to buy your home quickly and charge huge fees or undervalue the property. But we got a good price (from Quick Move Now) and the deal meant we now live where we really want to.'"
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