• Sell your house fast in as little as 7 days
  • Get an Instant cash offer. Just enter your postcode
  • All legal fees 100% paid by us. No Solicitor fees.
  • Sell your house in any location or condition
  • No obligation or hidden costs
View more

Do cash house buyers always get a survey when buying?

We reveal everything you need to know...

When it comes to selling your house, you may have come across buyers who describe themselves as a cash house buyer and wondered what they actually are and whether or not selling to a cash buyer is a good idea.

Selling to a cash buyer is different to selling on the open market, so there’s no doubt you will have questions about the process, including whether or not a cash house buyer will get a survey on your property.

Well, we’re going to answer that for you, as well as writing a guide on what a cash buyer actually is, if they’re better than a ‘traditional’ buyer on the open market and so much more:

What is a cash house buyer?

A cash house buyer is someone who can buy a property solely in cash, without the need to acquire any kind of loan or mortgage. They also don’t need to sell a property in order to fund the purchase of yours, meaning they’re your best chance at the quickest possible sale.

To be considered a cash house buyer, the funds must be available immediately. This is something that is often misunderstood, as some buyers believe because they’re selling another property, meaning they will have money to buy your property, that they’re a cash house buyer, but as a cash buyer you shouldn’t be reliant on any sale to be able to fund a purchase.

Cash buyers tend to be the most desirable buyer for a seller due to the faster nature of selling to them, with there being a reduction in paperwork, as they don’t require a mortgage, and the fact they’re a chain free buyer, meaning there’s a reduced chance of the sale falling through.

We’re a specialist cash house buyer with our own cash reserves, allowing us to buy any property in any condition, no matter the price. We act fast and will purchase your property in a timescale of your choice.

We’re also members of The Property Ombudsman and the National Association of Property Buyers, which allows you to feel in safe hands, as we’re a cash buyer you can trust.

We can provide you with a no obligation cash offer in 24 hours!

Get an Offer

Is a cash house buyer better?

Whether or not a cash house buyer is better for you will depend upon your selling situation and how quickly you’re wanting to sell.

If you’re looking to try to sell as fast as possible, then a cash house buyer will be the best option for you. Due to their funds being readily available and the fact they come with no chain, they’re the quickest type of buyer, with some cash house buying companies, like ourselves, being able to complete in as little as 7 days.

As we mentioned cash house buyers come without a chain, which is another aspect which makes them an ideal buyer, as you don’t have the stress of your sale relying on other sales and the potential of your sale falling through because your buyer’s buyer has pulled out of their sale.

If the idea of a load of paperwork stresses you out, then a cash house buyer will also be an ideal option, as the amount of paperwork is reduced, with the buyer not needing to apply for a mortgage.

If you sell to a cash house buying company, like ourselves, we will handle all the paperwork for you to make the sale hassle-free for you. We will only require a signature from you, and then we will handle the rest of the work for you!

Will a cash house buyer get a survey on my property?

When you sell your house to a ‘traditional’ buyer through the open market, they will always get a survey and searches, as the buyer will have a mortgage lender who won’t lend without.

However, as we’ve mentioned, a cash buyer is someone who doesn’t need a mortgage in order to buy your property and therefore it does pose an interesting question as to whether or not a cash buyer will get a survey on your property, with there not being a lender to force one.

In a lot of circumstances, cash buyers choose not to have a survey as they want to ensure the speediest conveyancing process possible and they tend to be purchasing a property as a ‘project’, which will mean they will be spending a lot of money to change the property anyway, so won’t need a survey.

However, having said this, just because a cash buyer doesn’t have a mortgage lender to force a survey and searches, doesn’t mean that they won’t want to have a survey done.

As the purpose of a survey is to allow the buyer to discover all potential issues with the property, whether they’re paying a fair price for the property and to make an informed decision about whether they should go ahead with buying the property, a cash house buyer may still want to get a survey on your property, despite them not being told to get one.

There are different levels of survey, so a cash buyer may just get the most basic level to give them a better idea of the property’s condition, but without adding a large amount of time, and money, onto the selling process.

We would recommend that any buyer, cash or otherwise, always looks to get some level of survey on a property they’re buying, as without this you can never be completely sure on whether or not the property has any issues or the standard the property has been built to.

Selling to a cash house buying company, like ourselves, cuts down the amount of time spent on conducting a survey, with us having good relationships with surveyors, allowing us to get priority surveys conducted, with fast turnaround times for the results.

As a result of these good relationships, we’re able to get a survey and still be able to buy in a fast timescale of your choosing – an ideal scenario for both you and us!

Things to consider when selling to a cash buyer

If you’re trying to decide whether or not a cash buyer is for you, then there are a few things you need to consider first, with the process of selling to a cash buyer being quite different to selling to a mortgage buyer on the open market.

Whether you’re thinking of selling to an individual cash buyer or a cash house buying company, here are some things you need to keep an eye on:

  • Ensure they’re not requesting a large discount off the market value (25% or more)
  • Have all paperwork checked by an independent solicitor
  • Ask for proof of funds
  • Ask to be made aware of the consequences should either party pull out
  • Check for any tie-in clauses
  • Check if they’re wanting to conduct a survey and searches
  • Ask how quickly they’re able to complete and whether there will be any potential delays
  • If you choose to sell to a cash house buying company, ask them to tell you about their valuation process. If they don’t want to reveal this, then you should proceed with caution, as they may be significantly undervaluing your property
  • Also with a cash house buying company, if they’re offering to cover your legal fees, check to see if they will cover the fees if you choose your own legal firm
  • With a cash house buying company, you should always check whether they’re buying your property directly or if they’re just passing your details onto a third-party buyer. A lot of companies will tell you they’re buying your property themselves but are just acting as ‘lead generation’ and are simply passing your details on
  • Finally, with a cash house buying company, ensure they’re members of The Property Ombudsman and the National Association of Property Buyers. This will mean there are certain rules and procedures that they must stick to and will also provide you as a seller with a level of protection

Have a chat with one of our Property Consultants today!

Find Out More

Why would someone sell a house for cash?

When it comes to selling a house for cash, there are many different reasons as to why some sellers believe it to be the best option – it’s quicker, less paperwork and a less complex transaction are just a few of the most popular reasons why some will sell for cash.

Below are examples of more reasons why a cash house sale may be the right option:

Short lease

Leasehold properties with a short amount of time remaining on the lease (80 years or less) become increasingly difficult to sell on the open market, with a short lease bringing high fees and many complications.

On top of this, lenders tend not to want to lend on this type of property, making this type of property only suitable for cash buyers.

Structural issues

Properties with structural issues require a large amount of money spent on them to make them a habitable standard, making a cash buyer a suitable method of sale, as they tend to look at properties as a ‘project’ and look to pick up properties at a sizeable discount.

Damp in the property

Properties with serious damp issues don’t only require large amounts of money spent on them, but they also tend to discourage a mortgage lender from wanting to lend, with most requesting an insurance backed guarantee.

As a result of this, selling to a cash buyer is the best method of sale.

Quicker process

As we’ve touched on a few times, selling to a cash buyer will be the fastest method of sale and this is why most sellers tend to want to sell to one. As a cash buyer doesn’t have a property to sell, doesn’t need a mortgage and doesn’t tend to get a survey or searches, then the whole selling process is significantly faster.

Avoids a chain

Avoiding the dreaded property chain is another main reason a seller may look for a cash house buyer. In a property chain, each sale relies on another sale to complete in order to enable their sale to complete. If one sale is to fall through, the whole chain breaks down.

As a cash buyer doesn’t have a property to sell, they’re a chain free buyer, making them highly appealing to sellers.

Japanese Knotweed

Japanese Knotweed is a rapidly spreading, dangerous weed that has the ability to grow through solid ground, meaning it can cause huge disruptions to a property’s foundations. As a result of this, lenders are often not willing to lend on a property affected by the weed, meaning the only suitable buyer would be a cash buyer.

Old property

As a property gets older it tends to develop multiple issues – mainly with the standard of the building and the materials used not being up to scratch with modern standards. On top of this, a property’s interior will be outdated, requiring a large amount of money spent on it to get it up to date.

As a result of this, some lenders are reluctant to lend on an old property that isn’t up to date with current standards, therefore meaning these types of properties are only appropriate for cash buyers.

Damaged property

A property that has been severely damaged, for example by fire, flooding or vandalism, will be very difficult to find a lender who is willing to lend, leaving a cash buyer as the only selling option.

Property’s location

A property in an undesirable and unsafe location often leads to a lender refusing to lend. These types of locations include:

  • Areas with high crime rates
  • Areas with high flood risk
  • Areas close to old or unsecured coal mines, meaning an increased risk of subsidence
  • Former petrol stations
  • Areas previously used for industrial purposes or toxic waste disposal sites
  • Areas with a high risk of landslip

How does our ‘cash for house’ buying process work?

If you’ve decided a cash buyer is the option for you, let us explain how our ‘cash for house’ buying process works. Our process is much simpler and quicker than the open market, with our main selling point being the speed of our cash sales.

We’re worked hard to streamline our process into just five simple steps to make sure our customers can enjoy the fastest, most hassle-free cash sale possible. You can see these steps laid out below:

  1. Enter your postcode into our get an offer and answer a few simple questions about your property – how many bedrooms you’ve got, your house type, nothing too difficult! After that, we will let you know if your property has been approved
  2. Once we’ve got your information, one of our experienced property consultants will give you a call after doing some research on your property. They will discuss your property with you in more detail, talking mainly about its condition, which will allow them to provide you with a conditional initial offer
  3. If you’re happy with the initial offer, we’ll then arrange for one of our regional managers to come and visit the property in person. Our regional managers have expert local knowledge and are able to inspect the condition in more detail in order to finalise an offer
  4. If you accept the finalised offer, our progressions team will get in touch with you to talk about instructing one of our recommended solicitors, and we will remind you that we cover all the legal fees, leaving you not needing to pay a penny
  5. Once the RICS report is back, providing everything lines up, we will finalise all the legal work, allowing us to exchange contracts and complete on a day that suits you!


And that’s all there is to it – just 5 simple steps to get you sold in as little as 7 days!

Getting a CASH offer is completely free! All it takes is a few minutes of your time.

No Obligation Offer

Should I sell to a cash house buyer or a cash house buying company?

Well, this is a question only you can answer, as it will depend on your personal situation and circumstances. A person, or company, who is buying in cash will be looking to get a good deal on your property and therefore will be offering you below the market value.

But, on the plus side, you will be getting a super-speedy sale, with little to no hassle, especially if you choose to sell to a cash house buying company, like ourselves!

The answer will depend on the urgency of your sale, and how much you feel your time is worth – in our opinion time is very valuable!

Also, selling to a cash house company that are members of The Property Ombudsman and the National Association of Property Buyers, like ourselves, will provide you as a seller with more protection than you would get on the open market.

We also cover all the fees for you, which is another thing the open market can’t promise!

If you decide you want to explore your cash house selling options, we can provide you with an offer for your property at no cost and no obligation. It will only take you a few minutes on the phone or online to fill in our form – got to be worth a try, right?

  • We can buy in a timescale of your choice!
  • We handle everything - it's a stress and hassle-free service!
  • We're members of The Property Ombudsman & the National Association of Property Buyers - we're a cash buyer you can trust!
  • Get a no-obligation offer in 24 hours!
  • We cover all your fees!
  • We're highly rated on all major review platforms
  • We're completely transparent when you look to sell my house for cash - we'll let you know what we can offer you straight away
  • We'll buy any type of property

Want to find out how much your property is worth & sell your house fast? It's best to give us a call on:

0800 024 8444
Sold

How much can you get from our we buy any house service?

Complete a few details to see if your property qualifies and get a cash offer – remember we buy any property, in any condition, in any location!

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 Trustpilot

Why choose us as your cash house buyers?

We’re one of the leading we buy any house UK companies for residential/commercial property and land in England and Wales. We buy using our own cash house buying 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
900+

Properties bought by us
for cash

£124,614,944

Of our own money spent buying
property for cash

2-3 weeks

Average time taken from initial offer
to completion