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Are you looking to sell your flat?

If so, you’ll want to ensure that the whole process goes as smoothly and quickly as possible.

Selling any property can be a minefield, and you may be left wondering, “what are the ways I can sell my flat?” or “how do I sell my flat if it has a short lease?”. Here at The Property Buying Company, we’ve tried to make this process easier for you by creating a guide on selling your flat to make sure you make the right informed decision.

Quick Page Navigation

  1. What are the different ways to sell your flat fast?
  2. Useful tips to help sell your flat quickly
  3. Selling a flat with a short lease
  4. Pro's & Con's of a quick flat sale
  5. Why sell your flat to us for cash?

What Are The Different Ways To Sell My House?

The most general way owners have sold there flat has typically been through an estate agent; However, this isn’t the only method. There are different routes to this that you can take, so we’ve broken down the options:

  • Privately Sell Your Flat

Firstly, privately also known as the “open market” is one of the most common methods of selling. This works by advertising the flat with an estate agent, hosting viewings, or open house events for potential buyers who can submit an offer. Once you accept an offer, a contract of sale will be drawn up and both parties will have to instruct their solicitors to ensure the legal exchange and completion of contracts. Once everything is signed the flat will be owned by the buyer and you will have to pay the agreed fee to an estate agent. This is often a small percentage of the property’s sale price.

  • Auction Your Flat

An alternative that not many people consider is to take your flat to auction. Auctions can be a really useful tool, particularly if you’re selling a property that needs repairs or if you want to sell your flat quickly. You can find all the information you need to know about on our page about selling a property at auction.

  • Part Exchanging Your Flat

Part exchanging your flat is another option you have if you are looking to buy a new build property in return. Although it seems like an appealing prospect, you should be aware that they will typically only offer you between 65-70% of your properties value in exchange for taking away a lot of the hassle of selling. Want to find out more about part-ex? We’ve written a comprehensive guide on the subject which you can find on our part exchange page.

  • Raffles

If you have an unusual property that is going to appeal to a large amount of people, then you could potentially participate your property into a raffle. However, this is a risky way of selling your home and it is unpredictable how much your house would be bought for. You may have seen in the press, but essentially this method is to sell raffle tickets at a set price and the randomly drawn winner gets the property.

  • Quick cash sale companies

We are one of many companies in England and Wales that will buy your flat for cash quickly, but we’re one of the few that have our own cash facilities. The way this works is that generally we will offer you below market value for your flat, but in return we can purchase your property in as little as seven days. This allows you to fix situations such as chain breaks, help you move for a great work opportunity or stopping your flat from being repossessed.


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Useful Tips To Help Sell Your Flat Quickly

If you are looking at trying to get a fast flat sale, then we’ve put together some useful tips that may help you achieve your goal. Naturally as you live in the property there is general wear and tear, so just making some minor improvements may be the difference between getting that coveted sale.

  • Modernise where you can

    It’s all about your budget, but you should try and carry out improvements where you can. A new kitchen or bathroom can massively help the appeal of your house, but they are also two of the most expensive things to replace. Updating things such as doors, windows, fixtures and fittings would add a lot of value to your property & get a quick sale.

     

  • Choose neutral colours

    When you’re selling your property, you need to consider that unfortunately not everyone may like your taste in colours. Go for light and neutral colours that are safe, as this will provide an appealing blank canvas, fresh look and even make your property feel spacious.

     

  • But don’t go too neutral!

    It’s all about striking the right balance, you want your flat to appear lived in and homely, so you need to leave in a few personalised touches or effects. Neutralising everything could make the house appear like it hasn’t been lived in.

     

  • Make the property presentable

    Now this seems like an obvious one, but before every viewing you should always clean and tidy your house to make it as presentable as possible. Get rid of any of the clutter, mould or dust and maximise the space in your flat.

     

  • Repair any damage to the walls

    Polyfilla is amazing. Re-plastering is a very expensive thing to do, especially if you’re going to do the full house, a more affordable option may be to fix some of the issues yourself. Using Polyfilla, you will be able to fill in any small holes or cracks across the home to make it look more appealing.

     

  • Get rid of any smells or odours

    Do you smoke or own pets? Then you’re going to need to try and remove any odours before letting potential buyers in your home. Having a strong odour can immediately put people off a property, but it’s an easy fix. Buy some air fresheners, put some shake and vac down, hoover the carpets and sofas, and air the property out by opening windows.

     

Selling A Flat With A Short Lease

It’s becoming increasingly important for people to buy flats with a longer lease, if you’re trying to sell a flat that has a lease under 99 years then chances are you are going to be asked to extend it. This is due to some mortgage lenders not offering mortgages on leases under 80 years and lease extensions increasing in price.

For those reasons it can be extremely difficult to sell your flat if you’re on a short lease, so if that is the case and you are struggling to get your lease extended, then you may want to seek alternative options for selling your flat.


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Pro’s & Con’s of A Quick Flat Sale

Pro's
Con's
✔ Get cash for another investment
✖ Pick a trusted company that won’t add any fees later in the process
✔ Move elsewhere quickly, without having to wait for an open market sale
✖ Some companies will try and trick you into accepting a lower value
✔ Free up money for retirement
✖ Be careful, some companies have tie-ins which means a customer can’t sell their property elsewhere
✔ Fixing a chain break

✔ Sell due to a relationship breakdown

✔ Downsizing

✔ Fast and fair service

✔ All legal fees included


Why Sell Your Flat To Us For Cash

There are several reasons that you may want to sell your house for cash, some of the situations that we commonly get queries about include:

 

But there are several sell house fast companies out there, so why choose us? Here at The Property Buying Company we will buy your flat for cash, cover all the costs and complete everything in a timescale that suits your requirements. Our experienced team guide you through every step of the process making it as quick and seamless as possible.


Get an offer

  • We buy any flat, in any condition and in any location
  • We're cash buyers, which makes the whole process quick & easy
  • We cover all the costs, including the solicitor fees

Want to find out how much your flat is worth? Then just give us a call on:

0800 024 8444
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

Cloud Sun Sun  
 
  • 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

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Independent reviews of our service from reviews.co.uk

4.82 Average

430 Reviews

Lisa Proctor

Really good experience

Posted 20 minutes ago

Anonymous

very professional service, unfortunately we need a higher offer, so we will be refusing the offer made.

Posted 1 hour ago

Anonymous

Mine was a tentative enquiry. The lady was polite, informative and not “pushy”

Posted 5 hours ago

Kim z Woolley

They take all the stress and worry away and always willing to help.

Posted 3 days ago

Margaret

I didn’t end up using the service as I got a buyer but they were very professional and helpful! Couldn’t praise Daniel enough

Posted 3 days 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