We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
PLEASE READ BEFORE POSTING: Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Today The OFT Market Study Into The 'Quick House Sale' Market
Depth_Charge
Posts: 970 Forumite
Hi
Im not sure if this OFT press release has already been put up on here somewhere so I have given it a go -
Interesting stuff really and worth a read
http://www.oft.gov.uk/news-and-updates/press/2013/35-13
Too late for a fair few anyway I would bet.
Will this 'study' actually change anything for the vulnerable consumer?
Quote from the article below - jeeze... well at least they are concerned - It is hard whether to laugh or cry.
'Businesses offering quick house sales may provide a useful service for homeowners who need to unlock cash in a hurry. However, they are often used by consumers in vulnerable situations and therefore we are concerned about the risk of consumers being misled and losing out on large sums of money.
Just my take
Im not sure if this OFT press release has already been put up on here somewhere so I have given it a go -
Interesting stuff really and worth a read
http://www.oft.gov.uk/news-and-updates/press/2013/35-13
Too late for a fair few anyway I would bet.
Will this 'study' actually change anything for the vulnerable consumer?
Quote from the article below - jeeze... well at least they are concerned - It is hard whether to laugh or cry.
'Businesses offering quick house sales may provide a useful service for homeowners who need to unlock cash in a hurry. However, they are often used by consumers in vulnerable situations and therefore we are concerned about the risk of consumers being misled and losing out on large sums of money.
Just my take
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 351.4K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.8K Spending & Discounts
- 244.4K Work, Benefits & Business
- 599.6K Mortgages, Homes & Bills
- 177.1K Life & Family
- 257.9K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards