Archive for July, 2012

Sell and Rent Back Services vs Home Reversion Plans

July 17th, 2012

As one of UK’s leading quick property buyers we can give you the assurance that methods of releasing equity such as ‘sell rent back’ and ‘home reversion plans’ are becoming very popular among homeowners. This is owing to the fact that these arrangements place homeowners in an advantageous position – one not only gets some quick cash in hand to enjoy life more but also continues to enjoy the safe refuge of ones home.

Indeed, sell and rent back services and home reversion plans are excellent solutions whether you are trying to utilise the release of equity to fund a new business venture or avoid the consequences of falling property prices. People facing sudden financial crunch or threats of property repossession due to outstanding mortgage payments too find a convenient option in a home reversion plan or sell and rent back arrangement. Your other benefit in the whole process is that once you sell the property, you will not be liable to pay for the essential maintenance, etc.- each expense will be borne by the ones who buy properties for cash.

Now, if you ask us – “Do I sell my house and rent it back or do I go for a home reversion plan?” our answer to you will often be, “Sell and rent back your own home rather than go for home reversion plans!” You will get similar advice from family and friends when you think of selling your house quickly. Here we enumerate for you the all-too obvious benefits of the sell & rent back service over home reversion plans:

- One benefit of sell and rent back services over home reversion plans is that you can realise more equity in your home, up to 3 times more in fact! » Read more: Sell and Rent Back Services vs Home Reversion Plans

Don’t Be Ripped Off by UK Letting Agents

July 17th, 2012

The UK’s landlords are being short changed as the service they receive from UK letting agents is simply not good enough when you bear in mind the extortionate charges they are paying each month. The lettings market in the UK desperately needs an injection of new blood who will shake up the status quo. The vast majority of UK letting agents charge fees in excess of 12% for part management of a property. When you equate that fee with the level of service they provide to landlords, you can very easily arrive at the conclusion that the service they provide is disproportionate to the fees that they charge.

The industry needs to take a long hard look at itself as to many UK landlords, the UK lettings industry operates a cartel of sorts. All it needs is a few brave souls to step forward and break the mould. A couple of letting agents who offer a vastly competitive fee structure combined with an aggressive, efficient, no frills approach will take the market by storm.

Let’s face it, the UK lettings industry should be regulated. As soon as it is you will find that the ‘champagne charlies’ of the property management world will finally get their just desserts as there will be no place in the modern world for letting agents with an extortionate charging structure and allied to a mediocre service proposition.

It is also worth noting that any UK letting agent that does not embrace the power of the internet will also be left behind as many UK agents still work on the old ‘bricks and mortar’ premise rather than the new ‘clicks and bricks’ proposition.

Ultimately, UK letting agents will need to be efficient, slick, professional and direct. There is a huge market awaiting those agents who will embrace this new culture and also, perhaps the most important point of all, completely smash the old charging structure and operate a new, no frills service at fees that are half of what they currently charge. » Read more: Don’t Be Ripped Off by UK Letting Agents