Frequently Asked Questions
Which areas of the UK do you cover?
We cover England, Scotland and Wales.
Will you pay my legal costs?
We will pay your legal costs up to the value of £500. We will be able to let you know whether your costs can be paid once we have viewed your property. The £500 contribution will be paid upon completion of the sale to your solicitors.
How does your offer compare to the prices quoted by an estate agent?
The price we offer depends on a number of factors such as the type and location of the property. We usually offer around 80-85% of the confirmed market value, which may not be what an Estate Agent has quoted you as an initial asking price. Asking prices and actual sales prices are often somewhat different!
You're more likely to achieve a higher price on the open market but there are no guarantees of when the sale will complete, plus you'll still have to pay additional costs such as estate agency fees (typically 1.5% + VAT) and mortgage payments in the meantime. We can also help you to find a solution beyond the sale of your property, such as our rent back plan or a quick release of funds for your next property.
How long does the process take?
Freehold properties usually take a lot less time to purchase due to the fact that management companies don't have to be served with legal papers. However, if all legal enquiries are in place we can exchange and complete within a few weeks. We can exchange very quickly if needed, subject to legal paperwork being in order.
How quickly will I receive the money?
As soon as we have completed on the purchase of your home your solicitor will release the money to you.
I don't have a solicitor?
No problem. We have tried and tested independent solicitors to act on your behalf. To make the purchase even smoother and quicker we encourage you to use our independent solicitors as they know exactly what you and we require. We will pay your solicitors fees up to £500 on completion.
Will anybody know about the sale?
No, our service is completely confidential. Nobody will know about your sale unless you choose to tell them.
If we are being repossessed and we have chosen to sell to you, do we need to tell the people who are repossessing us?
You don't have to do a thing. The solicitor acting on your behalf will talk to them and arrange for their loan to be paid upon completion of the sale.
Do I have to accept the offer straight away?
No, you are under no obligation to accept our offer straight away. However, if several months go by since we offered on your property, we will have to repeat our searches on the current market situation and property prices in your area.
What type of property do we buy?
We buy all types of property including:
- Flats (both converted and purpose built).
- Terraced houses.
- Bungalows/chalets.
- Semi-detached houses.
- Detached houses.
- Properties with sitting tenants.
- Ex-Local Authority properties.
- Properties in need of refurbishment.
- Land with outline or granted planning permission.
Does the property need to be in good condition?
No, we will consider a property in any condition.
You can apply online below in confidence for your FREE valuation and cash offer. We will call you back to discuss your requirements.
