The property market doom and gloom is underway in 2012 with the council of mortgage lenders warning that likely increases in unemployment will cause property repossessions to increase during the year. Increased unemployment will obviously have a huge increase on the property market, repossessions are likely to increase and the uncertainty created will mean fewer buyers in the market therefore driving prices down. It’s never been more crucial to set the correct prices when looking to make a quick house sale. The prediction from the CML is that repossessions could be up by as much as 30% on last year. Combine all this information and it leads most experts to predict that 2012 will have fewer sales than ever experienced in recent memory.

Let me start by saying, no we do not offer this service. The boom for sell and rent backs started some time ago and recently the government stepped it to control this scheme. This action could not come early enough. While there are some reputable sell and rent back companies out there (and we can recommend some if needed), so many are not reputable at all. I have heard many horror stories from many of the people I work with. The consistent messages are: the company made an offer for the house and dropped it on the day of completion and the company said the rent would be £XX and then they put it up by 50% almost immediately.

 At quick house sale we refuse to act with questionable morals and insist on transparency throughout the whole process. We are here to help and all advice we offer is free of charge. If you are in any doubt about the people offering to buy your house and let you rent it back, give us a call.

The simple answer is not really. In my experience the middle market is moving slowly but the lower end is not moving very much at all. There are, of course the few exceptions but in the main the lower end of the market is struggling. The reason is simple. While the media may claim that people are afraid to buy, I believe this is a myth, most people know this is a good time to buy. I believe the reason is simple, the lenders are so restrictive at the moment, many first time buyers simply can’t get the finance. And property at the lower end of the market is usually bought by either a first time buyers or by an investor. So what does this mean to you (the seller). Well you need to evaluate what part of the market you sit in, look objectively. If your property would be classed as the lower end of the market the chances of a quick house sale are slim. The kind of buyers you need to attract are few and far between. The alternative for a quick house sale would be to turn to an investor. We meet many people in this position every day and always offer advice and a reasonable purchase price.