Companies that buy houses for cash offer a quick and hassle-free way to sell your property. These cash home buyers provide an alternative to traditional estate agents, often completing purchases within weeks.
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Companies That Buy Houses For Cash
Cash house buying companies are businesses that purchase properties directly from homeowners using their own funds. They typically offer a faster sale process compared to traditional methods, often completing transactions within 7-28 days.
How do cash house buyers work?
Cash house buyers usually follow a simple process:
- Initial contact and property details provided
- Preliminary offer made within 24-48 hours
- Property valuation conducted
- Final offer presented
- Legal process and paperwork completed
- Sale finalised and funds transferred
What are the benefits of selling to a cash house buyer?
• Quick sale completion, often within weeks
• No estate agent fees or commissions
• No need for property repairs or renovations
• Avoid property chain complications
• Certainty of sale with reduced risk of fall-throughs
Are there any drawbacks to using cash house buyers?
While cash house buyers offer speed and convenience, they typically purchase properties below market value. Sellers may receive 70% of their home’s full market worth in exchange for a guaranteed quick sale.
Which companies buy houses for cash in the UK?
This table below shows some of the leading cash house buying companies in the UK:
| Company Name | Trustpilot Rating | Completion Time |
|---|---|---|
| Property Saviour | 4.9/5 | 10-14 days |
| We Buy Any House | 4.6/5 | 7-28 days |
| Quick Move Now | 4.7/5 | 7-28 days |
| Open Property Group | 4.8/5 | 14-21 days |
| House Buy Fast | 4.8/5 | 7-28 days |
If your circumstances require a quicker sale, you have equity in your home, and you will consider a cash offer, then a reputable property buying company is the way to go.
Look at their reviews. Speak to them about their processes. Will they pass you from one person to the next?
Will they send two estate agents around for a valuation? Carefully pay attention to their reviews. Are they genuine?
Here at Property Saviour, we are remarkably different in a good way.
We’ll provide you with proof of funds in the form of a bank statement. Our Success Stories are genuine, and our staff names are mentioned as one point of contact throughout the sale.
What types of properties do cash buyers purchase?
Cash house buying companies often purchase:
- Residential properties
- Commercial buildings
- Land and development sites
- Properties in poor condition
- Homes with problem tenants
- Properties facing repossession
How much can you expect to receive from a cash house buyer?
Cash buyers typically offer 70% of a property’s market value. The exact amount depends on factors like location, condition, and current market trends.
How do companies that buy houses work?
Companies that buy houses can offer a quick and easy solution. Any genuine company should be able to complete the purchase within 10 days or at your timescale.
When you contact these house-buying companies, they’ll want to know some details about you and the property. Then, they’ll instruct valuations by two local estate agents.
We don’t need estate agent valuations. All we require are photos of the property before we can make you an offer.
They’ll usually offer around 70% of the property’s value (or they wouldn’t stay in business).
If you accept their offer, the payment should be processed via solicitors, and you should get the funds in your bank account in a few days. However, if you are experiencing delays or a drop in asking price, unfortunately, this shady practice continues. However, we are one of the good guys.
In theory, selling to a cash buyer means you don’t have to worry about being in a chain or dealing with an estate agent like you would in a traditional sale.
Easy, right?
With Property Saviour, you can use your own solicitor. We’ll pay £1,500 towards your legal fees. There are no delays, and the price offered is the price you will receive.
This is the most generous offer in our industry as many ‘buyers’ want you to use ‘their solicitor’, which is a clear conflict of interest.
Do companies that buy houses offer a guaranteed sale?
Property Saviour is one of few companies that offer certainty and speed. Once we make an offer, we will always aim to complete the purchase with our record so far being 99% completion to offer acceptance.
If you are dealing with a genuine cash house-buying company, how do you check if you are dealing with a real company as opposed to a time-wasting estate agent online?
The popularity of cash buying companies for properties has been steadily increasing.
These are some of the reasons why sellers are looking for alternative ways to sell:
- Financial difficulties,
- The sale of an inherited house,
- Separation or divorce,
- Part exchange of a house,
- Repairing a broken chain,
- Relocation,
- Avoiding repossession,
- Disposing of a run-down house that requires renovation.
Selling a house with any of these issues on the property market can be challenging. How long would it take to find a buyer for a property that needs refurbishing? This is where companies that buy houses for cash come in.
They will buy your property in its existing condition, so you don’t have to worry about fixing anything before selling.
How long does it take to sell to a cash house buyer?
Most cash house buyers can complete a purchase within 7-28 days, depending on the complexity of the sale and the seller’s preferred timeline.
Can you sell a property with tenants to a cash buyer?
Yes, many cash house buying companies will purchase properties with sitting tenants. This can be an advantage for landlords looking to exit the rental market quickly.
Are there alternatives to cash house buyers?
If you need to sell quickly but want to explore other options, consider:
• Property auctions
• Online estate agents specialising in quick sales
• Part exchange schemes with property developers
How do cash house buyers value properties?
Cash buyers typically use a combination of methods to value properties:
• Online valuation tools
• Recent local sales data
• In-person property assessments
• Professional surveyor reports
What fees are involved when selling to a cash house buyer?
Most reputable cash house buyers cover all fees associated with the sale, including:
• Legal fees
• Surveyor costs
• Energy Performance Certificate (EPC) charges
Can you negotiate with cash house buyers?
While cash buyers’ initial offers are often their best, there may be room for negotiation depending on your property’s unique features and the buyer’s circumstances.
How to spot and avoid cash house buying scams?
To protect yourself from potential scams:
- Never pay upfront fees
- Be wary of unrealistic offers
- Check company credentials thoroughly
- Seek independent legal advice
- Trust your instincts if something seems too good to be true
What are the pros & cons of selling to a professional home buyer?
If you’re considering selling your house to a quick house sale company, you’ll probably get 25-30% less than the market value.
We can take a look at the pros and cons of this option:
Pros:
- Quick completion of the sale
- Fastest way to get money from a house sale
- No need to worry about chains or the sale falling through
- Can be sold fast despite existing structural problems such as subsidence or issues like Japanese Knotweed
- It is a good option when the market is challenging
- Avoids the risk of repossession
Cons:
- You must accept an offer that is lower than the market value. A typical offer is 25-30% lower than selling via an estate agent.
- You could encounter rogue companies, so you must be careful as they will waste several months and back out of a sale.
So, should you sell your property to Property Saviour?
If you’re thinking about selling your house, it is important to weigh all your options carefully.
At Property Saviour, we strive to be as transparent as possible with our sellers. We guarantee that you won’t be charged any fees if your property is sold to us. That’s our promise to you.
We’ll pay £1,500 towards your legal fees. You are welcome to use your own solicitor. We’ll complete the purchase within 10 days or at your timescale.
You can read our genuine success stories left by real sellers just like you. Request a call back today.
Sell with certainty & speed
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.
