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Quick buy agencies

Hi,

I have my house for sale, and am not in too much of a hurry to sell, but have seen a house i want. Just out of curiosity i contacted a few of these quickbuy companies. One contacted me and advised that they do a 60/40 split on the equity, so i could get 60% of it now, they rent/keep the property for 10 years, then sell and you get your 40%!!

Now i'm not daft, and know that the company could fold etc in this time, the possible problems are many. But i wondered, has anyone had any dealings with these type of companies???


Thanks in advance.

Comments

  • mjdh1957
    mjdh1957 Posts: 657 Forumite
    Part of the Furniture 500 Posts Photogenic
    Consensus on here is that they are all scammers. Treat them as if every word they say is a lie, including 'and' and 'the'.
    Retired in 2015.
    Moved to Ireland September 2017
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