12 March 2015
Ask almost anybody about the process to buy or sell a property and you’re sure to hear the words slow, nightmare, painful and stressful. These words are from successful transactions! Adjectives from those that don’t go through can’t be published here.
And that’s the way it’s always been.
Various attempts have been made to speed the process up and prevent fall throughs but these have had little impact and as in the case of the Home Information Pack, were expensive mistakes, soon abandoned.
You see, whatever is done by Lenders, the Government or Solicitors there is nothing to prevent buyer or seller from being made redundant, falling ill, divorcing, passing away or any one of the thousands of grim possibilities that face each of us daily.
Or they can simply change their minds.
There is no solution. No guarantee.
But the odds can be improved enormously.
Quick House Buyers, or QHB’s have started to dominate the Cash Buying Sector in recent years simply because they saw a gap in the market – sellers that were looking to sell efficiently to buyers that wouldn’t pull out.
A large number of new companies have sprung up catering for just this need, although only those who are members of The Property Ombudsman Service are obliged not to withdraw or even reduce a price without good and provable reason.
It’s why the sector has grown enormously and QHB’s are buying hundreds of millions of pounds of property every year.