National Homebuyers is proud to have helped many thousands of people with a quick property sale solution since its incorporation. We recommend that you research what options are available to you and that you ensure you are using a respectable and robust homebuying company that suits your requirements.
As the leaders in our field, we are made aware of many companies each week that are unable to continue trading because of the current unstable property market. As such, we wish to extend our caution to homesellers looking to achieve a quick sale. We also wish to warn of some companies' dubious tactics.
The property market is experiencing some short-term difficulty. Perhaps you are finding it difficult to attract a buyer for your home? In most instances, homeowners will go to a local estate agent to sell their property. However the lack of buyers, the difficulty in attaining a mortgage and the huge competition from other properties on the market is making the process slow, stressful and costly. In our experience, almost all of our customers have tried to market their property through an estate agent and have used National Homebuyers because their chain has collapsed, with no real likelihood of a new buyer within three months.
Unlike National Homebuyers, smaller operators in our industry rely on the re-sale of a property at full market value in order to purchase the next. These companies are currently troubled by market conditions, falling house prices and the inability to attract buyers. Note the cessation of business from UK Housing Alliance here.
National Homebuyers is the UK's leading quick property sale firm and we continue to assist people with a fast home sale solution, even through these difficult times.
It's important to use a reputable national company which has many years of trading and customer success stories behind it. We must highlight that anyone can 'look good' on the internet. Just because a company (or even a sole trader) has built an attractive website (which can cost as little as a few hundred pounds) this does not mean that they have the financial backing and staying power of larger, more established businesses. To clarify, National Homebuyers continues to spend millions of pounds on advertising, which includes our famous "Homebuyer Man" television commercial which is still aired through these difficult times, as other companies struggle to pay their bills.
National Homebuyers cannot stress the importance of investigating your quick sale provider and more importantly, which company you are considering for a Sell and Rent Back arrangement. We frequently assist homeowners who have found themselves in difficulty with their Sell and Rent Back company. Unfortunately,for some it is too late.
Some have faced eviction after their purchasing company goes into receivership or simply decide to sell the property while tenanted. Repossessions Stopped, went into receivership in April owing £19m to mortgage lenders on 230 properties. One customer of theirs was evicted after a few months. Read more about Repossessions Stopped here.
We believe that the consumer should be protected from unscrupulous or badly managed operators, as such, National Homebuyers is calling for regulation in our industry. We are founder members of APBA (Approved Property Buyers Association) and we are committed to developing an ongoing strategy and Code of Practice to ensure that consumers are not misled and are receiving the best possible service when selling their property.
If you are concerned over the way you have been treated by any property company, are worried about tactics employed by companies or the progress of your offer with any company, our experts are happy to assist you with advice at no cost and provide support, if required. You can email us your stories in confidence by clicking here or ask for a Homesellers Expert to call you back, again in confidence, on 0870 067 3848.
We also recommend that you gain professional legal advice.
Please click here for Sell and Rent Back
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