SUNDERLAND, England, March 10 /PRNewswire/ -- UK Property Bank (UKPB), one of the country's premier home buying and chain breaking providers, today announced the launch of its? 85% guaranteed purchase scheme. Under this scheme, anyone with a qualifying property will know that the UK Property Bank offer will be 85% of open market value. ?We have launched this scheme to reassure sellers that we are serious about our claim to offer the best deal of any cash property purchaser? says Jim Akin, sales and marketing director. This is launched at a time when many house buying organisations are reducing percentage offers, some to as low as 60% of valuation. Not every property will qualify however. Mr Akin advises that it will only be open to sellers of ?straightforward, mid value properties?. The scheme is restricted to properties worth between ?120,000 and ?250,000 and all properties must be in good condition, well located and of normal construction. One off and unusual properties will not qualify, nor will flats, nor listed properties. This scheme is launched at a time of anticipated property value falls and provides a viable sales option for sellers looking for a secure transaction and who can afford to accept a price reduction of 15%. ?People should bear in mind that the discount we look for reflects less than the property value appreciation of the last 3 years? says Mr Akin. UK Property Bank buy residential property throughout England Wales and Scotland. Their website is http://www.ukpb.co.uk |
