APBA is a new association, set up by property purchasing professionals with the intention of protecting the property seller.
You may have seen one or more of the many newspaper or television articles about less scrupulous operators in the fast property purchase or Sale and Rent Back industries.
Some examples can be seen here:
BBC report on Sell to Rent companies
This is Money report on Sell and Rent Back companies
The mandate for APBA will be drawn up by its members, who are vetted and assessed for their professionalism, honesty and commitement to the consumer.
We are calling for the property buying industry to be FSA regulated.
We will be adding more information soon. Feel free to contact us for more information by clicking our Contact page.
"The UK property industry needs regulation. APBA is a great start, especially considering that the Sell and Rent Back industry is attracting so many small, unscrupuluous operators".
- Julian King, National Homebuyers