Coronavirus (COVID-19) Update: We are still open, operational & actively purchasing property

Please be aware that due to survey & property visit restrictions some purchases may take longer during this period

4.74 Average

528 Reviews

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What is Subsidence and How Can it Affect Your Property?

When changes occur to the moisture level of a property’s supporting ground, subsidence can occur. Perhaps the ground wasn’t suitable for building on in the first place or it has occurred over time.

What Is Subsidence?

Subsidence IssuesThe definition of subsidence is the sudden or gradual sinking downward of the grounds surface, which could be caused naturally or by human activity. The affect this has on property is to cause major damage to structural aspect, which can be very costly to fix & detrimental to any potential future sale.

What Causes Subsidence?

Subsidence happens when the ground below a property shifts for a particular reason, which can be a variety of different things.

What Are the Signs to Look Out For?

When your property is at risk of subsidence there are a few tell tale signs that you should look out for at the beginning stages:

  • Cracks in walls – diagonal, wider at the top and thicker than hairline cracks
  • Doors and windows sticking
  • Floor sinking
  • Leaning of property
  • Extension coming away from the building

Selling With Subsidence

If your property has a history of subsidence issues then it can be really hard to sell as you will not be able to conceal the the fact from any potential buyers. As you will have to fully disclose the issues it can put a lot of perspective buyers off due to the cost involves with fixing subsidence issues, you also significantly limit your buyer pool.

How is it Resolved?

An expanding substance is injected under the property until the floor is raised and the property stabilised. This should be a permanent solution to the problem. This solves the issue of further subsidence but it doesn't fix any lasting damage to the property, it depends on how severly your property has been damaged to what the cost of the repairs for this may be.


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How Can We Help?

If your property is suffering from subsidence issues and you’re wanting to sell it, this can feel incredibly difficult. Estate/online agents are unlikely to take on a property that has subsidence and hasn’t been treated yet, as it is too costly for them.

However, all is not lost. We will buy your property quickly, even if it has subsidence. We won’t offer you the full price, but we will offer you a fair price, which is something we do for all of our customers. We work with a team of experts nationally who can resolve the issue before we sell the property on, giving you peace of mind and a lump sum of money to do whatever you choose with.

Sold

How much can you get?

Complete a few details to see if your property qualifies and get a cash offer

5 simple steps to having your property sold!

Our quick (but thorough) 5 step sale process means we can buy your house fast and at a great price

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  • 01.

    Check to see if your property is eligible check now

  • 02.

    Receive an offer from us within 24 hours

  • 03.

    We’ll visit your property & formalise our offer

  • 04.

    We’ll instruct solicitors and pay all fees

  • 05.

    Exchange contracts & complete as usual

Rated as Excellent - aww thanks guys!

Independent reviews of our service from reviews.co.uk

4.74 Average

528 Reviews

Anonymous

Marc helped with the sale of my rental property in London - a very happy customer after the recommendation of a friend to use The Property Buying Company

Posted 2 months ago

John Martin

Absolute no brainer this service - i had a rental property in Birmingham and Marc bought it within 4 weeks EXCELLENT

Posted 2 months ago

Rod

I decided to auction my house via the company at the start of lockdown - signed all the documents and auction ended 2 weeks after. Money recieved in 14 days and i'm delighted with Marc's help

Posted 2 months ago

Rod

I decided to auction my house via the company at the start of lockdown - signed all the documents and auction ended 2 weeks after. Money recieved in 14 days and i'm delighted with Marc's help

Posted 2 months ago

Jack son

I made several enquiries to property companies and I decided not to use any but Marc's professionalism really stood out

Posted 2 months ago

Why sell your house to us?

We’re one of the leading buyers of residential/commercial property and land in England and Wales. We buy using our own cash facility meaning we can offer the best prices in our industry and complete the sale quicker than anyone else.

Your options Average sale length Typical cost to you
The Property Buying Company 2-3 weeks £0.00
Other House Buying Companies 2-10 weeks £1000
Property Auction 6-10 weeks £2500-£5000
Online Estate Agents 16-52 weeks £1000(upfront)-£5000
Estate Agents 16-52 weeks £5000

Unlike most of the other options available to you, we are not a broker or middle man, meaning you skip the fees and get a sale quickly and easily.

The Property Buying Company is registered with the Property Ombudsman and is a member of the National Association of Property Buyers

National Association of Property Buyers The Property Ombudsman
500+

Properties bought by us for cash in
the last 2 years

£61,554,000

Of our own money spent buying
property for cash

2-3 weeks

Average time taken from initial offer
to completion