Frequently Asked Questions.

1. How much will you pay for my property?
We are trade buyers and investors and as such we would normally offer you somewhere between 75 and 90% of it’s open market value. On some occasions, particularly when we can add value, we would offer more. (Top) (Contact)

However….

2. How would you value my property?
We use a number of tools available to us, including the free report that we offer elsewhere on this site. We aim to get as close as possible to the open market value through our research. (Top) (Contact)

3. My house needs work, would you still be interested?
Definitely! We have renovated and refurbished many homes so please get in touch. (Top) (Contact)

4. What type of properties do you buy?
We are interested in most types of properties, including commercial. (Top) (Contact)

5. How does the process work?
The process is not dissimilar to a normal house sale but can be a good deal faster as there is no chain to worry about. Often we will purchase a house for cash but much depends on what you, the vendor, need to achieve. Everyone’s circumstances are different. Some just want to sell and move on, some want to release equity in their homes, some face repossession but want to stay living in their home, some are getting divorced and so on.

Whenever we speak to a potential vendor we always aim to see what it is they need out of selling their property so that we can tailor our offer to best suit their needs. (Top) (Contact)

6. How quickly can you buy my house?
Very quickly, and we can even exchange in 24 hours if necessary. To enable this we have agreements in place with two solicitors that are used to working on such timescales. One of the solicitors will work on your behalf and one of them for us. (Top) (Contact)

Whether you choose to use one of our solicitors or your own, the ‘clock starts ticking’ when you instruct the solicitor acting on your behalf. The timing is largely controlled by your solicitor so if speed is important to you, make sure you have one that will take that into account. (Top) (Contact)

7. If I sell you my house can I rent it back?
Yes. It is a common situation for us and we will be pleased to discuss options with you. (Top) (Contact)

8. If I sell you my house and rent it back could I be evicted?
The simple answer is ‘Yes’, but why would we want to do that?? Our strategy is to invest for the long term but to make that work we need tenants in our houses. The last thing we want to do is ask someone to move on, and as long as the normal terms of a tenancy agreement are adhered to, we would have no reason to end the agreement. (Top) (Contact)

However, and this is very important, there are certainly people operating in our ‘industry’ that do not share our strategies, beliefs or ethics. If you are talking to one of our competitors and they offer you a deal which seems to good to be true, then it probably is. Do not let your judgement be clouded. (Top) (Contact)

9. So how do you make your money from buying my house?
Well of course it is a business that we are running so we do have to make some money somewhere. It used to be that we could buy a property and let it out at a fair market rent, and would make a reasonable return on our investment. Alas, property prices have gone up so much and rents haven’t kept pace so now that is virtually impossible. Whilst our strategy is to let properties we always keep an open mind as to whether we could resell a place. (Top) (Contact)

However we now have only a few ways to look at a potential purchase…

10. If I ask you to make an offer am I obligated in any way?
No you are not. If we make an offer then you may choose whether to refuse or accept and we will respect your decision either way. (Top) (Contact)