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Watchdog slams misleading advertisements

The advertising standards agency has recently slammed one company that offers homeowners the chance to sell their property and then remain in it by renting back. The company advertises that homeowners can sell and then choose to rent back and remain in the property for as long as you want. However often this is not so and is misleading as if you choose to rent back your home there is no guarantee that you are able to do so for as long as you want.

Companies advertising that you can sell property for cash of course also allow you to sell your property without renting back. For instance if you are emigrating or divorcing and need to sell to split the proceeds. In this case they give you cash for home and you are free to get on with your life. While sales this way can offer those wishing to sell a win-win situation it is essential to always read the small print so that you know exactly what you are selling for and what your option are. There are of course many ethical companies out there offering quick sales this way so not all should be tarred with the same brush.

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