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Are you looking to sell your flat?

If so, you’ll want to ensure 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. Pros & Cons of a quick flat sale
  5. Why sell your flat to us for cash?
  6. Why choose us?
  7. FAQs

What Are The Different Ways To Sell My House?

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

  • Privately sell your flat
    sell your flat fastAlso known as the “open market”, private selling is one of the most common methods. 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 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 property's 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, you could enter 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 and get a quick sale.

  • Choose neutral colours

    When you’re selling your property, you need to consider that 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 flat 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 entire flat, 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 showing potential buyers around 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, you may want to seek alternative options for selling your flat.


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Pros & Cons of A Quick Flat Sale

Pros
Cons
✔ 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 flat 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.


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Why Choose Us?

Are you looking for an easy and convient way to sell your flat? Then we are the right option for you. We're more than just your standard house buyer, and here's why:

  • We have our own cash facilities so we don't rely on any external lending like other house buying companies, meaning we can move quickly
  • We cover all the costs for you, including solicitors!
  • We can complete in a timescale that suits your requirements
  • You don't have to pay estate agents fees, the time you save from a traditional sale you will also be saving on council tax, utility bills and your mortgage payments
  • We help you throughout the whole process with experts on hand to talk you through every step, we can even help with your onwards move


FAQs

How do you value my flat?

We use a variety of online tools to research your flat and its local area which we use to determine an initial valuation. We will then need to send our one of our Acquisition Managers to come and see the property to assess the condition is as described, which we will then submit our offer.

Are there any extra fees or charges to pay?

No, we cover absolutely everything for you, what we offer you is exactly what you will get.

How quickly can we buy your flat?

Typically we can complete in 7 days, although we have been able to complete in tighter timescales than this in the past. That being said our average time for completion is between 2-3 weeks. We can work around your requirements!

My flat is in a bad condition, will you still buy it?

Yes, the condition of the flat may impact the value of your property, however we will still buy it.

My flat has a short lease, will you still buy it?

Yes - it makes the whole process a little more tricky, but we can still buy your flat if you have a short lease, although you may want to extend it if you can to achieve a higher value.

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

Rated as Excellent - aww thanks guys!

Independent reviews of our service from reviews.co.uk

4.74 Average

507 Reviews

Gary Adcock

Day light robbery, should be thoroughly ashamed at attempt to steal my home for a pittance, preying on people who are vulnerable, the offer made was derisory and way off the mark of local valuations

Posted 2 weeks ago

Sue and Paul

I had a great experience with this Company, from start to finish they were excellent, especially Justine and Fiona. They were there to talk any time I needed them and there was no hassle what so ever with my house sale which went through really quickly. What more can I say 5 star. Thanks very much.

Posted 3 weeks ago

Ewa

Nick was very helpful and friendly. He explained the process in details. I am still in process of selling and so far I feel really comfortable knowing I can count on Nick. I wish every service I am receiving in life would be like that. Definitely I would recommend.

Posted 1 month ago

wahab ali

really help us alot

Posted 1 month ago

Steve

An excellent service and lots of info and contact between both parties, a special mention and thanks to Justine for her help and advice, would certainly recommend.

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