The Office of Fair Trading (OFT) has confirmed they will be launching a new study into the quick house sales market.
The research is aimed at individuals who have used or considered using quick sale firms and the OFT has already contacted over 50 companies as part of their new study, who have been asked to provide information regarding their business models and practices.
The OFT has a number of concerns:
Unclear fee structures, for example charging unexpected fees after an initial valuation
Cutting the proposed ...