Sell my house for cash UK

Most homeowners have no idea about the power and efficiency of cash house buyers in the housing market. It’s one of the most untapped ways to sell your house quickly, and generate a reasonable amount of profit from your property, especially if your house has appreciated over time.

The secret? Companies like The Property Buying Company offer a completely hands-off approach, competitive pricing, and complete start to finish guidance. 

For those seeking a quick house sale and thinking, can I sell my house for cash? Genuine cash buyers such as ourselves, can help with a streamlined house sale process to sell your house quickly.

In this article we go into depth on everything you need to know about our cash for UK homes service and what exactly it entails to sell your home fast.

Covered on this page:

• What a cash house buying company is, and how you sell your house for cash.

• We will go through how The Property Buying Company’s buy your house for cash service works.

• We will inform you of the benefits of a cash house sale, like no estate agent fees & we’ll tell you how much we will pay for your house.

What is a cash house buyer?

Cash house buyers, like ourselves, are companies in the property sector that have funds to buy a house for cash and are able to buy a property outright without requiring a mortgage or selling another property first.

We are also part of The Property Ombudsman, and one of the founding members of the National Association of Property Buyers, so you know that we’re a name you can trust. When looking for a cash buying service, you will find both individual and company based cash house buyers. 

You can also find a cash buyer by selling through an estate agent and on the open market, but the likelihood of you finding a buyer with enough cash to buy your home outright is pretty slim, hence the rapid growth of house buying companies.

Which is why, you should choose an experienced, and highly rated cash buyer, like The Property Buying Company.

What happens when you sell your house to The Property Buying Company?

When you sell your house to The Property Buying Company, although you are selling for 10% to 20% Below Market Value, you are selling with a guaranteed offer and to a household (pardon the pun) name. 

Selling your house for cash means that you will receive less for your house than if you were to sell on the open market, but you will receive exactly what is offered, and the chance of the property sale falling through is reduced to just 1% (down from 33% for open market sales). 

Not only is your offer guaranteed and secure, but we will buy your house on a timescale which is completely tailored to you. Whether you need to sell as soon as possible, or in a month's time, we can help you sell in as little as 7 days. 

We are able to do this, because over the past 13 years of business we have grown. Currently, we have over 40 team members, who spread across marketing, acquisitions, marketing and progressions.

We also have developed a panel of conveyancers and solicitors who can act quickly and efficiently, which greatly speeds up the selling and conveyancing process.

How we buy houses for cash

From start to finish, we’ve worked tirelessly to make our entire cash buying process as simple and quick as possible – our main selling point is the speed in which we can buy your home, so time is crucial!

We’ve simplified our house buying process into a few steps for you:

Is selling your house to us for cash right for you?

When it comes to selling your house, there are numerous reasons as to why you should sell to a cash buyer, but occasionally there are sometimes when you shouldn’t. 

Obviously, we would love to buy every single property that comes our way, but it can be unfair on the seller if they lose out on potential profit which they could have gained from selling via a hybrid estate agent instead. 

We will always advise you on the best course of action for your home and your situation, and we do have other avenues for sale, if your priorities and ours don’t match for the cash buying arm of our business. 

Whether using our cash house buying service is right for you or not, we have broken the decision down into five different sections based on; how much time you have, if you are in a chain, the costs associated, your own circumstances, and the conveyancing process.

How much time you have

When deciding whether to use a cash buyer, the first question to consider is whether you have a specific deadline for selling your home. This could be due to a job relocation or a desire to upsize before welcoming your next child.

If you do have a pressing timeline and it’s approaching faster than anticipated, opting for a cash house buyer could be your best choice, allowing you to sell your home in as little as 7 days. However, if you don’t need to sell quickly, you might consider our hybrid estate agency or property auction services to potentially achieve a higher sale price.

Similarly, if you don’t have a strict deadline but have a financial goal in mind, using our hybrid estate agency could help increase your profits.

On the other hand, if you don’t have a set timeline or specific goals for selling, you could go through a traditional estate agent and sell your home over a period of more than 6 months. Alternatively, continue reading to see if you fit into any of the following categories. 

Are you in, or will you be in, a property chain?

If you’ve started selling your house on the open market and find yourself in a property chain, meaning you’re selling and buying simultaneously, and so is the seller of the home you wish to purchase, there’s a significant risk the chain could collapse.

In the event of a collapse, selling to a cash buyer is often one of the few options that can maintain the momentum of your original sale. Without a cash buyer, you may face an increase of 28 days or more in your sale timeline.

If you’re among the fortunate ones who manage to keep your chain intact, you might consider switching to a hybrid estate agent, like our sister company, which covers all your selling costs. Just be mindful of any exit fees from your current estate agent.

If you’re not in a property chain but your buyer has pulled out of the sale, a cash buying service like The Property Buying Company can also help you move forward. Selling through an estate agent would require you to go through their onboarding and valuation process, whereas we can work to find a buyer and help you sell in as little as 7 days.

Worried about the sale costs?

The cost of selling a house is an important factor in deciding whether to choose a cash buyer. If you’re concerned about sale costs lessening your profits or needing to pay them at the end of the property sale, selling to a cash buyer can be a smart move.

This is particularly relevant if you’re anxious about high estate agent fees, which can often reach around 3% plus VAT. Fortunately, when you sell your home through our cash buying service or our hybrid estate agency, we cover all selling costs associated with the sale, including any necessary marketing.

If legal fees are also a concern, you’ll be pleased to know that using The Property Buying Company comes at no cost to you, as we take care of all legal expenses as well.

What are your personal finances?

While various financial situations may prompt a house sale, we frequently encounter two primary scenarios; individuals facing repossession or those going through divorce or separation. In both cases, we act quickly to sell your house before it’s too late.

If you’re not experiencing immediate financial distress but your home is tenanted or requires repairs, we can still assist. We are ready to buy tenanted properties and can buy your home as-is, just like any other property, in as little as 7 days and at no cost to you.

For those needing assistance in managing the sale while tenants are in situ, our dedicated progressions team is available to provide hands-on guidance throughout the process.

The conveyancing process

If your home is facing legal issues related to Title Deeds, Energy Performance Certificates, Building Regs, Boundary disputes or surveys, opting for a cash house buyer like The Property Buying Company could be your best solution.

Our dedicated panel of solicitors and progression team collaborate closely to resolve any legal implications efficiently. Should any insurmountable legal issues arise, we will work with you to find an amicable solution within a quick time frame.

Unlike selling on the open market, where legal obstacles can derail a house sale, we are committed to making sure your sale progresses smoothly.

If you’ve navigated our cash buying decision tree and none of the options have led you to consider a cash buyer, it may indicate that this route isn’t for you. However, as highlighted, cash buyers offer numerous advantages across the board.

Is a cash buyer a good thing?

Many sellers perceive cash house buyers as a last resort, but what they often overlook is that choosing a cash buyer from the start could have allowed them to sell their home in a fraction of the time. This choice can save on estate agency fees and enable a quicker transition to the next chapter of their lives.

Cash buyers are an excellent selling option, particularly for those facing challenges outlined in our cash buying decision tree.

We believe it’s important to shift the focus away from price alone. While our offers are competitive, the speed at which we can operate makes us a valuable asset in the housing market — arguably one of the best innovations since locks on doors. 

Do cash house buyers fall through?

There is only a 1% chance of a cash house sale falling through. Given the nature of our operations, here at The Property Buying Company, there is a 99% likelihood that we will successfully buy your house.

It’s important to note that individual cash buyers on the open market face a higher risk of their purchase falling through compared to a cash buying company. This is primarily because they still need to secure financing from their purchase and they are unregulated, which can introduce additional uncertainties. 

When dealing with any cash buyer, you should always check to make sure they are registered with either the National Association of Property Buyers, or The Property Ombudsman, which are regulatory bodies dedicated to maintaining the high standards of the property buying industry.

How much cash do we offer you?

When we buy houses for cash, we won’t offer you full market value for your home, but we will offer a competitive, and fair price. Our offer is usually around 80% of the market value of your home, although sometimes we can achieve higher than this.

We will offer you an initial offer over the phone, using local market data analysis to find comparable properties. Then, we might send one of our Regional Managers to visit your property to confirm the cash offer.

Visiting your home enables us to take into consideration any unique features that your home possesses, as well as any potential issues, which helps us generate a more accurate offer.

In some cases, we will then organise a RICS survey to be completed through a third party, which will help us to confirm the market value of your home, and then the below market value cash offer we will provide you with.

In return for taking a hit on your sale price, you will receive an extremely quick house sale, helping you to sell your house in as little as 7 days! It’s also stress-free and hassle-free, as you get a point of contact who will handle the entire sale process for you from start to finish. 

How long do we take to purchase a property?

When looking to sell your house for cash, you can expect to spend far less time actually selling your home, as you won’t need to enter the open market, wait for your buyer to get mortgage approval, or wait on conveyancing times.

With current time on market, averaging out at 9 weeks across the UK, and conveyancing times taking over 21 weeks, the need for a cash house buying service is rising significantly.

As a house buying company, we have our own cash reserves and don’t need to arrange any mortgages in order to buy your home. This allows us to buy your house with cash in just 7 days, although most homeowners choose a 2 or 3 week timeline.

Not only can we buy your house fast for cash, but we work closely with our panel of solicitors, operating across the country in order to hit completion deadlines on a timeline that suits you — far faster than the country average.

Our cash for homes service will ensure that you receive the funds within your home safely, securely and efficiently, allowing you to move on and start the next chapter of your journey.

How fast do you get your money?

Once your house sale is completed, we release the funds immediately. Depending on your bank, the money could appear in your account instantly; however, some banks may take between 24 hours and 48 hours to process the transfer.

Our cash house buying service is remarkably fast. We can provide you with a desktop offer in as little as 24 hours, and after that, we can complete the purchase of your home in as little as 7 days.

For example, if you accept your offer on October 26th, you could receive the cash funds in your bank account between November 3rd and November 5th.

Benefits to selling a house for cash to us

If you want or need to sell your house for cash, with minimal hassle, then The Property Buying Company may be the best route for you. Here are some of the benefits to selling a house for cash to us:

Tailored timeline

• We can work to a timescale that suits you, so no more longing questions around how long does a house sale take, whether you need to complete in a days or a few weeks, we will work closely with you to understand your situation and what urgency you need, so you can move on with your life quickly.

Completely chain free

• There is no chain, which dramatically decreases the chance of the house sale falling through. There is no one else within the chain meaning you’re secure in the knowledge that you don’t have to wait for any other sale to go ahead before your house is sold.

Straightforward process

• Our process is straightforward, from start to finish. We give you an initial cash offer, we send a regional manager to visit your property, we provide you with a formal cash offer, you accept, we work to complete in the timeframe that suits you. 

Absolutely no legal fees

• When you sell your house with us, you don’t have to worry about legal fees. We will cover all costs associated with selling your house, including legal costs. And, we don’t have any hidden costs or upfront payments for you to pay, making us one of the only true ways to sell your house online for free.

Sell any property, in any condition

• We will buy any house, in any condition, in locations in England and Wales. Even if your property is back to brick, or missing a roof, as long as it has a front door, we will give you a fair and competitive offer for your home.

What to look out for?

While selling your house to a cash buyer can be a great option, it’s important to be aware that not all cash buyers are created equal. While many are genuine house buying companies, there are some that may raise red flags. Here are a couple things to consider when researching cash buying companies:

Cash offers should be lower

• By nature, cash offers from cash buying companies are lower than market value. If you receive an offer that is at or above market value, it’s a cause for concern. If you have any doubts, ensure that the company is a member of either The Property Ombudsman or the National Association of Property Buyers before accepting any offers.

Beware of scams

• Unfortunately, the cash buying industry is not as heavily regulated as the estate agency sector. Many scam cash buying companies will not be members of The Property Ombudsman or the National Association of Property Buyers, allowing them to operate without accountability. However, some may manage to infiltrate membership boards, so always verify their credibility on review platforms like Google and Trustpilot.

Why is cash better for a seller?

One of the primary benefits of cash buyers is that they don’t rely on mortgage approvals, which means there’s a much lower risk of the sale falling through due to financial complications. In open market sales, delays in mortgage processing can jeopardise the entire transaction, but with cash buyers, you can proceed with confidence knowing that financing won’t be an issue.

As cash buyers ourselves, we can speed up your selling process, because we don’t need to wait for mortgage approval. This means you can complete your house sale in a matter of days rather than a few weeks or months, allowing you to move on with your life more quickly.

As one of the UK’s leading cash house buyers, we manage all aspects of the selling process for you. From the initial offer to the final sale, our team handles everything, providing a level of service that you won’t find for free elsewhere in the market. Our expertise makes sure a smooth and hassle-free experience, allowing you to focus on your next steps without the stress often associated with selling your home.

What properties do we buy for cash?

We buy properties of all shapes and sizes, and in any condition. From tenanted terraces in Lewisham, to non-standard semi-detached houses in Rhyll, through to mansions in Carlisle and penthouses in Leeds, there’s no limit to what we can take on.

Here are the most common homes we buy:

Do we have any hidden costs?

Usually when you sell your house to an online or traditional estate agency, the fees and hidden costs can be quite a surprise as they amount to 1-3% +VAT of the selling price of your home.

The good news is that you will not incur any hidden costs when you use our ‘sell my house for cash’ service, in fact, we will cover all the costs associated with selling your house, so you don’t have to pay a penny!

We work with qualified solicitors, conveyancers, and RICS surveyors across the country to deliver the most efficient and seamless service possible, all while covering their costs. If we land in an unfortunate situation like being unable to purchase, we’ll still cover any expenses incurred and allow you to exit the arrangement.

We pride ourselves on offering you a seamless and efficient cash for house service that will leave you feeling satisfied and stress-free.

Cash House Buyers Hub

Do you have a specific question about cash house buyers, like if they’re legitimate or whether they always want a discount? Not to worry, we’ve gone into depth on each of these subjects with our Cash House buyers content hub:

Why choose us?

We are the UK’s most rated cash house buyer, which means we make sure our customers are protected at every stage of the buying process.

We will always try our best to build a relationship with you, and we will only ever allocate one property consultant to your case, which means you’ll have the same point of contact throughout the process. 

This is one of the many reasons as to why we get amazon reviews online from our customers.

Not only are we one of the UK’s most trusted cash buyers, but we also bring over 13 years of practical experience in the cash buying industry, with our combined team boasting more than 100 years of expertise.

We understand how to buy your house quickly and efficiently, and we prioritise you, making sure that you are supported at every stage of the process.

If this page hasn’t convinced you to sell your house with us, we invite you to speak with one of our knowledgeable property consultants.

They can guide you through the process and address any questions or concerns you may have. Simply fill in the postcode form below, and let’s get started on your journey to a smooth and stress-free sale.