We buy any house – How much do these companies go below the market value?

We Buy Any House Companies in the UK: Are They Worth It?

If you’re seeking a quick home sale in the UK, then companies proclaiming “We Buy Any House” might have piqued your interest. ZoomPropertyBuyer.com is here to shed light on the intricate world of these fast house-buying firms and whether they genuinely offer a fair market value for your property.

Understanding ‘We Buy Any House’ Companies

Predominantly known in the UK as “We Buy Any Home”, Cash House buyers or quick house sale firms, all boast of swift property purchases, typically within 7-28 days, with a cash payment. The model relies on significant cash reserves enabling them to make rapid offers for houses.

Why Consider Selling to a Quick House Sale Firm?

Choosing to sell your home via companies like ZoomPropertyBuyer.com can be particularly beneficial if:

  • You’re facing financial challenges and need immediate access to funds.
  • You’re looking to prevent property repossession.
  • You need to swiftly sell due to reasons like divorce, job relocation, or handling an inherited property.
  • The property is in dire need of repair and you don’t have the funds or resources to invest.

However, as with any industry, it’s vital to be wary of dubious entities. Some less reputable firms might reduce their initially agreed offer at the eleventh hour or might present misleading valuations.

Benefits of Opting for a Quick House Sale Company

The traditional UK property market, while robust, might not always align with the immediate needs of sellers. This is where ZoomPropertyBuyer.com stand out:

  1. Speed: Unlike estate agents who can take a significant amount of time to find the right buyer, quick house sale companies often guarantee a sale within a defined timeframe.
  2. No Hidden Fees: These firms typically handle all associated costs, from solicitor fees to property searches.
  3. Direct Communication: Sellers can directly communicate with the buyer, ensuring transparency.
    How Much Will ‘We Buy Any House’ Companies Offer?
  4. Fair offer: We aim to be fair with all our offers which is why we use the best house evaluators on the market.

The primary concern for many is, understandably, the value they’d receive for their property. While these firms offer a swift process, they generally propose a price between 80% and 90% of the property’s market value. This discount accounts for the speed, and convenience, and covers all related fees. It’s advisable to acquire an independent valuation so you can gauge the ballpark figure you might receive.

Comparing Quick House Sale Companies with Traditional Estate Agents

It’s essential to consider multiple factors before making a decision:

  • Viewing Fees: Traditional estate agents might charge extra for arranging property viewings. In contrast, quick house sale companies usually buy the property as-is.
  • Commission and Legal Fees: Estate agents typically charge commission fees, VAT, and sometimes legal fees. With firms like ZoomPropertyBuyer.com, these fees are often absorbed by the company.
  • Certainty of Sale: One of the primary advantages of quick sale firms is the assured sale within a stipulated timeframe, providing sellers with peace of mind.

In Conclusion

While the immediate draw of a “We Buy Any House” company might be the speed of sale, it’s the broader package of convenience, cost absorption, and certainty that appeals to many UK homeowners. Through platforms like ZoomPropertyBuyer.com, sellers can navigate their options more efficiently, ensuring they make informed decisions tailored to their circumstances.

AUTHOR 

Picture of Bobby Turner

Bobby Turner

Market research, writer & property specilaist for Zoom Property Buyer. Over 10 years in property sector. Previously at WhatHouse?