Sell Your House Fast

On this page, we’ll look at the reasons why people need to sell their house fast, how they can do it and any useful tips we can offer to help you to make the right decision.

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1. What are the different ways to sell my house?
2. How to sell your house fast for cash
3. Useful tips to sell your house quickly
4. Pro's & Con's of a quick house sale
5. Reasons to sell your house quickly
6. Frequently Asked Questions

What Are The Different Ways To Sell My House?

Using an estate agent to sell your house has generally been the preferred method for many years, however, there are now other options cropping up that mean you don’t have to go down the traditional route. Which one is right for you though?

• Private Sale

Often called ‘the open market’, this is when a property is advertised with an estate agent and a buyer will submit an offer for the vendor to consider. Once the offer is accepted then a contract of sale is drawn up and, both the vendor and buyer must instruct solicitors to make sure everything is legally sound in order to get these contracts to completion i.e. the house now legally belongs to the buyer. The estate agent will receive commission on the sale and this will either be a percentage of the asking price or a fixed fee.

• Auction

Selling your house at auction can be really useful, especially if you have a problem property you want to get rid of quickly. This could be anything from the property being structurally damaged through to the property being tenanted. Properties sold at auction will always be priced quite a bit under the normal market value, but if a bidding war occurs then this could work in the vendor’s favour. At a traditional auction, a buyer will have 28 days to pay 90% of the agreed price in order to consider the transaction ‘complete’. At a modern auction the buyer will pay a non-refundable reservation fee and will then have 28 days to exchange contracts plus an additional 28 days to complete the purchase.

• Part Exchange

Some property developers will offer to buy your current property off you if you buy one of their new-build’s in return. They will value your property and take into consideration any defects. Their offer will usually be around 65-70% of the market value, but they take on the responsibility of selling your old home which takes away some of the hassle for you. You’re usually restricted as to which property you can have because they tend to offer the slightly smaller homes via the part-exchange scheme.

• Home equity release schemes

If you’re aged between 55 and 65 and have invested quite a lot into your mortgage over the years, but don’t really have much in the way of additional funds, then you may be eligible to release some of that money from your property without having to sell it. Maybe you want to release some cash to pay for a holiday home or maybe you just need a bit of extra money to fund your retirement. Whatever your reason, equity release schemes should only be seriously considered after you’ve received specialist advice and weighed up the risks. There are two types:

Life-time mortgage – you’ll receive a lump sum from your provider which is secured against your property. You can pay this off or roll up the interest so that when you die the costs are taken from the property sale.

Home reversion - a reversion provider buys all or part of your property and you can live there, rent-free, until you die and the provider can’t sell the property until that point. The lump sum you’ll receive is usually no more than 60% of the market value of the property.

• Raffles

This has been covered in the press a lot recently and is a more unusual way to sell a house. If a home owner wants to sell their property then they can sell raffle tickets, with the main prize being their property.

• Quick cash sale companies

There are now a lot of companies that are able to buy your property quickly because they have a cash facility. Although they will offer you below the market value, they should generally offer you a fair price. These companies offer a service for those who need to sell their property quickly – usually due to a chain break, relationship break-down or emigration. It’s important to do your research before choosing this route because there are a lot of companies who add charges on at the end of the process which can cause unnecessary anxiety.

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How To Sell Your House Fast For Cash

We are cash buyers. This means that we could buy your property in as little as 7 days or within a timescale you specify. All legal fees are included in our service so there are no hidden costs and we’ll always offer you a fair price because we do our research. To buy your house fast for cash we will do the following:

• Give you an initial valuation based on recent sales in your area and anything else you disclose to us
• Send out one of our Acquisitions Managers to look at your property in more detail, flag up any issues and get to know you and your situation better
• Offer you a final valuation which, if you accept it, will then lead to us booking a RICS survey before completion

Useful Tips To Sell Your House Quickly

Although you shouldn’t invest a lot of money in your property if you plan to sell it, there are a few simple things you can do to give the best first impression to our Acquisitions Managers and any potential buyers:

• Cut the lawn and make sure your garden is tidy – this is the first thing that people see so make the right first impression
• If you have any superficial cracks in ceilings or walls then make sure they’re filled and painted over
• Clean your windows and open them up to let air into the property, especially in the warmer months
• De-clutter – decide what you really need to keep and what can be disposed of. This will open up your space and show of its potential

By making your property more visually appealing and tidying it up, you may get a slightly better price for it because the Acquisitions Managers will be able to see its potential. If there are any major structural issues etc that you’re unable to attend to then you can talk this through with a member of our team. Remember – we buy any property, in any condition so you can rest assured we won’t reject yours.

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Pro's & Con's Of A Quick House Sale

Luckily, we are a regulated company that is transparent about what it does. All legal fees are included and we will always offer a customer a fair price for their property, even though it won’t be the full open market price.

Reasons To Sell Your House Quickly

There are so many reasons why people need to sell their house quickly. The list is pretty endless, however the most common reasons we have encountered are:

1. Inheritance/probate
2. Divorce
3. Downsizing due to retirement or to save money
4. Chain break
5. To stop repossession
6. Emigration or moving to another part of the country

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Frequently Asked Questions

We know that selling your house fast can be quite daunting so our agents are always on-hand to answer any questions or reassure you. However, we’ve pulled together a few of the more common questions we get asked and answered them below:

1. Q: Why should I choose to sell my house quickly instead of using an estate agent?
   
   Traditional estate agents can’t guarantee a completion date that fits around your timescales, whereas we can. They also add fees onto their services that can be either a percentage of the final sale price or a fixed fee. With solicitors’ fees as well, this can become quite an expensive option.
   
   
2. Q: How do you value my property?
   
   We will use online tools to research the market in your area and offer an initial valuation. However, as each property is unique, we will need to send out one of our Acquisitions Managers to look at the property, see if there are any issues or amendments that may affect the value and they will submit their recommendation which generates our final offer
   
   
3. Q: Are there any charges or fees to pay?
   
   No – all legal fees are included in our service and there are no other charges so the amount we offer you is the amount you will receive
   
   
4. Q: How quickly will I get the cash for my house?
   
   In as little as 7 days
   
   
5. Q: Will I require a solicitor?
   
   

   You’re welcome to use a solicitor of your choice, if you prefer, however we have a number of solicitors that we work with and can appoint to act on your behalf

   
   
   

• All costs are covered, including the solicitor fees
• We buy any home, in any location, in any condition
• We're cash buyers, so we can guarantee a quick sale

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