Are you living in your forever home, and a developer approaches you with an offer to sell your house subject to planning permission? You may struggle to imagine living anywhere else as your home is perfect.
You feel under pressure as your neighbours have signed what seems like an enticing offer, and you have no idea how to approach negotiations or whether the offer is good or bad.
Let’s face it: builders or property developers are hardly the most trusted professionals, are they?
We will review what offers a developer has made you, how to get a second opinion, and whether it is best to take the offer.
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Can I sell my house to a property developer?
Whether you wish to sell your home to a developer largely depends on your circumstances, your lifestyle, and whether you are settled in your forever home.
Yes, you can sell your home to a developer, but do you want to?
Here are seven reasons why selling your property to a builder might be a bad idea:
- The offer made is only on paper, is not legally binding and comes with many get-out clauses for the builder.
- Losing any cherished memories within your home. You may have built an extension with a loved one, and now that he/she has passed away, it is not easy to let go of the property as it holds sentimental value.
- You feel settled in your home. You have family nearby to support you and visit you. Moving now means finding another property that meets your needs, and bungalows are in short supply. Builders often target bungalows with large garden plots.
- The agreed price does not mean that that’s what you will get. Often a builder will present you with what might seem like a great deal on paper until you start to look into the detail. Builders tend to beat the price to the last penny by coming up with all sorts of ‘issues’, including property on a flood plain or the need to accommodate affordable housing. You will be paying for it by taking a price reduction.
- Once planning permission has been granted, the builder could approach you with planning conditions and how this extra cost wasn’t planned into their original offer and ask you to reduce the price.
- The Overage clause isn’t worth the paper it is written on. Let’s say that the builder has agreed to pay you either a fixed sum or a percentage of increased value. As soon as he/she buys the property from you, he/she will transfer it at the same or lower value to their development company; thus, in theory, they don’t owe you a penny in an overage clause.
- You could go through a lot of unnecessary stress and hassle of gaining the agreement of your neighbours only to find out that one neighbour who holds a ransom plot, usually where access is required, isn’t willing to sell anymore.
You might become fed up with the hassle and constant peer pressure from neighbours ‘encouraging you’ to sell. All this pestering can get too much to deal with, especially if you have health problems. You’ve made up your mind that enough is enough. You were living peacefully before the developer arrived, and now, not a day goes by when someone mentions planning permission or moving out.
In our opinion, builders should be avoided like a plague. With no guaranteed sale, the amount of stress they put elderly couples through is unnecessary – all for their selfish gain.
What if you could discreetly sell without your builder or neighbour finding out?
Discreet sale to Property Saviour
Sellers trust us with their most prized asset – their home. We’ve been asked to provide a second opinion on builders’ offers, and we are quite happy to chat with you. There is no cost to speak with us.
We are happy to act as a sounding board. We are ethical and transparent in our approach. We will tell you if you are better off going with an offer from a developer, negotiating better terms or creating competition for your builder by auctioning your property. If your builder is wearing you down, don’t accept their offer until you have spoken with us.
We speak with sellers who are fed up with dealing with developers, their forever-moving goalposts, and price reductions.
We are not developers or builders. We are professional property investors buying properties with cash, enabling you to start looking forward to a peaceful life again. Whether you have found your ideal home or not, we can assist you.
We can help by offering you a discreet sale of your property. No for-sale board will ever go up, and you can sell within a few days of contacting us.
There are no estate agency fees, no delays or excuses. We will indemnify searches, meaning solicitors can move on quickly. We also pay £1,500 towards your legal fees.
The price we agree on is the price we pay. All you have to do is take photos of your home and send them to us. We will then make an indicative cash offer, and if you accept, we can do a viewing discreetly and then purchase the property.
If you feel you deserve peace and a quiet life again, request a callback now.
Sell with certainty & speed
Our Unique Values
These are some of reasons why sellers trust us:
Property Saviour Price Promise
- The price we’ll offer is the price that you will receive with no hidden deductions.
- Be careful with ‘cash buyers’ who require a valuation needed for a mortgage or bridging loan.
- These valuations or surveys result in delays and price reductions later on.
- We are cash buyers. There are no surveys.
- We always provide proof of funds with every formal offer issued.
We'll Pay £1,500 Towards Your Legal Fees
- No long exclusivity agreement to sign because we are the buyers.
- You are welcome to use your own solicitor.
- If you don’t have one, we can ask our solicitors for recommendations.
- We share our solicitor’s details and issue a Memorandum of Sale.
Sell With Certainty & Speed
- Our approach is transparent and ethical, which is why sellers trust us.
- 100% Discretion guaranteed.
- If you have another buyer, you can put us in a contracts race to see who completes first.
- Complete in 10 days or at a timescale that works for you. You are in control.
